COLUMBIA, Md.--(BUSINESS WIRE)--MasterPeace Solutions, a rapidly growing cyber and software company, today announced the hiring of its 50th engineer. They attribute their recent growth to the successful implementation of a unique business model. Aptly named MasterPeace LaunchPad, this accelerator program reinvents the entire company-creation process by hiring engineers to work in positions fulfilling government contracts while also facilitating their drive to build new commercial technology businesses.
The ability to attract and unlock talent on the broader commercial market was the genesis of LaunchPad and is a major factor that sets it apart from other accelerators. While engineers may aspire to build technology or start a business, many feel the pinch of leaving a good, fulfilling government services job. They feel incredibly comfortable in their positions and may have families to support or other responsibilities that make the idea of quitting their job to pursue creative projects a nonstarter. Another hurdle for many engineers is their lack of managerial and business experience. In many cases, this is the first time the engineers have ever experienced the many financial, legal, technical and resource challenges associated with growing a new business.
LaunchPad can mitigate such concerns and as a result is an attractive opportunity for engineers to realize their vision and true potential. With a profitable company behind it, the accelerator provides a foundation for starting new ventures, avoiding common startup mistakes, and eliminating the need for early start-up funding. LaunchPad allows the engineers to focus on building their businesses while providing a smooth transition from government services without the strains of unemployment. LaunchPad also provides a collaborative working environment filled with the latest in advanced technology and a cadre of mentors and peers. All of this is installed in a purposely designed space within the burgeoning technology corridor outside of Baltimore in Columbia, Maryland.
“We are thrilled to announce hiring our 50th engineer at MasterPeace,” said Chief Executive Officer and President Drew Cohen. “We believe that our ability to allow engineers to foster their creativity, innovative and entrepreneurial spirits has significantly contributed to our growth and retention in the number of engineers on staff. We are very proud that since May 2016, no MasterPeace engineer has voluntarily left to go to another local government contractor.”
This news shortly follows the announcement that Drew Cohen was selected as one of the Top 10 Technology Executives in Maryland by the Baltimore Business Journal’s “Tech 10” awards program. This achievement recognizes 10 outstanding professionals in the technology industry who are making noteworthy contributions to Greater Baltimore’s tech community.
Drew continues to make an impact on the industry and will be speaking at the upcoming CyberMaryland security conference on a panel titled, “Speed, Agility, and Innovation is the Name of the Game!”. The panel will commence at 2:00 pm EDT on October 12, 2017, at the Baltimore Convention Center. Further information about CyberMaryland can be found here.
MasterPeace LaunchPad is looking for more innovative engineers to join their cohort and has the goal of bringing on two to four new startup companies each year as the program continues to grow. Technologies include, but are not limited to, the intelligent Internet of Things, machine learning-based cyber analytics, novel open-source software development communities, large-scale data analytics, and much more. For more information on MasterPeace LaunchPad, visit https://www.mplaunchpad.com/.
About MasterPeace LaunchPad
MasterPeace LaunchPad is a technology accelerator designed to bring imaginative and creative solutions to reality. Our innovation factory provides the platform and processes to combine creative ideas with technical resources, experienced leaders, and a purpose built start-up ecosystem to launch new businesses. MasterPeace LaunchPad spurs innovation through the rapid prototyping of ideas, validation with real customers, and development of working products. For more information, please visit: https://www.mplaunchpad.com.
MasterPeace is an advanced technology company designed to unlock the imagination and creativity of our engineers and technologists while helping them reach their highest potential. Our workforce is comprised of a collection of technologists, developers and engineers working on wicked hard problems for the United States Government. MasterPeace believes in fostering innovation and to that end established MP LaunchPad to help our engineers turn their ideas into viable new commercial cyber and technology companies.