The Hutch in Baltimore secures its spot for the $100 billion federal contracting industry. The aim is to expand the company’s physical locations. The new hub will focus on the growth of minority and Women-led tech startups.
Hutch focuses on Black founders, minorities, and women-led tech startups. The aim is to support entrepreneurs from different backgrounds to build and grow tech companies in the city. The digital service company Fearless, which creates software for government agencies, started the project in 2019.
Now, Fearless CEO Delali Dzirasa, and Hutch’s program manager, Dzirasa and Stephanie Chin announce a new opening. Next Tuesday, they will inaugurate a new physical hub at the Spark Baltimore coworking spaces. The new location features 6,900 square feet of private offices, coworking spaces, and meeting rooms. In addition, the company added 10,000 square feet inside Spark, reaching a total of 27,800 square feet.
The new expansion will provide training and courses for those who want to start a tech company in the area. Hutch offers a 24-month incubator program for Black founders, minorities, and women-led startups. The aim is to create the opportunity to learn how to grow a business working with digital services or collaborating with government agencies. Combining classes and resources, the program gives additional support with mentoring and networking.
In the last two years, the project grew by 6.6 times. Following the new opening, the team hopes to reach over 25 women and minority-led tech companies in the space by 2025. Hutch mainly focuses on supporting projects based in the area. However, they also accept nonlocal members from cities like Cleveland, Ohio, and Austin, Texas after the expansion.
Focusing on minorities and women-led tech startups, Hutch embraces the coworking space trend to support entrepreneurs with resources and networks in the tech field.