‘Early Charm Ventures’ Relocates its Offices to Pigtown

| May 18, 2021 | 0 Comments

In March, Early Charm Ventures relocated its executive and business offices from Spark Baltimore at Power Plant Live! in Downtown to the 1100 Wicomico building in Pigtown. Early Charm Ventures already had 2,150 sq. ft. of production and laboratory space in the building, and added 3,000 sq. ft. of office and conference meeting space in this move.

1100 Wicomico is a 416,000 sq. ft. office building that is already the home to many science and manufacturing-oriented companies including Harbor Designs & Manufacturing, Baltimore BioWorks, Galen Robotics, and the Baltimore Innovation Center, which has smaller companies within its footprint.

Early Charm Ventures, which was started eight years ago by Ken Malone, helps start science companies. It has 15 portfolio companies working in the sectors of drug design, custom materials, aquaculture technologies, and machine vision.

“Over the last year, we’ve added a lot of people to Early Charm and plan to add more,” said Malone in a press release. “Having all our Baltimore operations in one building will improve communications and creativity for our team. Plus, the commitment of 1100 Wicomico ownership to continue expanding the building into a product innovation hotspot is a big driver for us. We’re also going to miss Spark Baltimore. We were there when their doors opened and enjoyed growing alongside them.”

Malone told SouthBMore.com he loves that the 1100 Wicomico building has an “industrial old feel,” while still feeling new inside because of the “innovation and new-edge manufacturing” taking place.

“Everyone in this building is making a tangible, innovative product you can hold and use,” said Malone. “This whole building is filled with people we can partner with.”

Early Charm Ventures already has a partnership with Harbor Designs & Manufacturing.

Early Charm Ventures currently has 38 employees, and has been growing at about 40 percent a year.

Malone said one of the perks of 1100 Wicomico is it has the space for Early Charm Ventures to continue to expand. He noted there is a “renewed interest in manufacturing” and said there has been increased interest in domestic manufacturing since COVID-19.

“Early Charm’s continued expansion aligns with our focus on attracting the area’s most innovative companies and entrepreneurs that are looking to grow and be part of a larger like-minded community,” said Chris Regan, principal with Tower Hill Atlantic, which owns and operates 1100 Wicomico, in a press release. “This addition to the community, along with others to be announced in the first half of 2021, brings us a critical step closer to the full execution of the Baltimore Innovation Center and our efforts to bring sustained job-creation and investment to southwest Baltimore.”

 

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Founder and Publisher of SouthBmore.com, longtime resident of South Baltimore, and a graduate of Towson University. Diehard Ravens and O's fan, father of three, amateur pizza chef, skateboarder, and "bar food" foodie. Email me at [email protected] and follow me on Twitter at @SoBoKevin.
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