Betamore, a business incubator in Federal Hill, announced Thursday it has transformed into a nonprofit as part of its recent merger with gb.tc, the former Greater Baltimore Technology Council.
Betamore, which also offers co-working space for members and classroom space, is launching a year-round education program as part of a new business model designed to encourage entrepreneurship in the city.
"Betamore is supporting the growth of Baltimore's business ecosystem by elevating community engagement throughout the region," CEO Jennifer Meyer said in a statement. "Our goal is to position Baltimore as a leading global destination for entrepreneurship."
Betamore now offers three levels of memberships for individuals, for-profit businesses, and government, education and nonprofit entities.
The organization also named a new advisory board to offer mentorship and resources for members that is chaired by John Cammack of Cammack Associates, a Baltimore-based venture capital firm.
"The advisory board is designed to provide a growing knowledge community, where we build on the region's strengths," Cammack said in a statement. "The more we can facilitate connections and opportunities, the more we can grow Baltimore."