Success Story: Wellspring Search Engages James Morris, Industry Leader, as CTO
Wellspring Search, LLC, a full-service digital marketing agency specializing in Search Engine Optimization, PPC management and Internet marketing, joined the Frederick Innovative Technology Center, Inc. (FITCI) in September and is poised to double its staff over the next year. The company recently added James Morris as Chief Technology Officer (CTO). Morris is a prominent industry figure with more than 15 years’ experience in Open Source CMS deployment and customization. He previously served at one of the largest premium WordPress plug-in providers in the industry, WPMU DEV, and has an impressive track record with clients such as West Virginia University, INBOX International, Woodcraft Supply, LLC, the XOOPS Foundation and ImpressCMS.
Karl Hindle, Managing Partner and Founder of Wellspring Search, says that he is especially pleased to add Morris to the team. “He is well known in the industry for his technical skills. We are incredibly fortunate to add someone of his caliber.” Morris will lead development of Wellspring Search’s enterprise-grade WordPress hosting and security solution, currently in beta, and is responsible for all aspects of technical infrastructure.
Wellspring Search expects to add three more positions in the coming year and is in talks to acquire an Indiana marketing agency as well. Hindle stresses that the key is finding team members with the right mix of skills and dedication to enhance company culture. He shares three guiding principles. “Integrity… we won’t put up with any smoke and mirrors nonsense,” a fact he drives home with an educational video on Wellspring Search’s website exploring “white hat” versus “black hat” private blog networks (PBNs). “Secondly, we provide transparency. We are accountable to each other and our clients. Third, we are committed to delivering results.”
The company has been on a steep upswing since its inception in January 2017, a fact that is not lost on Kathie Callahan Brady, CEO of FITCI. “Wellspring Search is in an enviable position among other startups across the nation because they are debt-free and profitable since day one.” She notes sagely, “Growth is always exciting but it can also introduce instability, especially in an emerging business,” analogous to Maryland’s tasty mascot, the blue crab, shedding one protective shell for the opportunity to grow a larger version. “Being in this environment gives them access to structure and support for solid, sustainable growth that will carry them into the next phase of their evolution.”
Wellspring Search is already looking to add space at FITCI as they expand their roster of 120+ local, national and international clients. The company is Google Analytics Certified. For more information, including a blog series with insights covering all aspects of digital marketing, log on to http://www.wellspringsearch.com.
Kathie Callahan Brady, FITCI CEO
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U.S. DEPARTMENT OF COMMERCE ANNOUNCES 51 “BUILD TO SCALE” GRANTS TOTALING $47 MILLIONTO FUEL INNOVATION AND TECH-BASED ECONOMIC DEVELOPMENT
Contact: EDA Public Affairs Department, (202) 482-4085
October 5, 2022
WASHINGTON – Today, U.S. Secretary of Commerce Gina Raimondo announced that the Department’s Economic Development Administration (EDA) is awarding 51 “Build to Scale” grants – totaling $47 million – to organizations that support technology entrepreneurs, catalyze innovation and fuel economic growth.
EDA’s “Build to Scale” program provides annual grants that aim to accelerate technology entrepreneurship by increasing inclusive access to entrepreneurial support and startup capital. The 2022 awardees will leverage an additional $48 million in matching funds from a variety of private and public sector sources. These EDA investments support advanced manufacturing, bioscience, clean energy and blue economy clusters in regions throughout the United States.
"Strengthening technology ecosystems are a critical key to the Biden Administration's efforts to build a stronger America,” said Secretary of Commerce Gina Raimondo. “Innovation and entrepreneurship have long been keys to American success and will continue to strengthen our collective economic and national security, as well as individual prosperity and well-being.”
"EDA is proud to partner with this year's 'Build to Scale' grantees as they invest in entrepreneurs and create equitable access to capital in their communities," said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. "These projects will give the next generation of industry-leading companies a seminal boost that will result in job creation and private investment – potentially transforming a regional economy and creating economic opportunity beyond what we can foresee.”
The 2022 Build to Scale program was comprised of two competitions––the Venture Challenge and the Capital Challenge. The Venture Challenge supports programs that enable high-growth technology entrepreneurship and foster inclusive access to proven entrepreneurship support models. The Capital Challenge increases access to capital in communities where risk capital is in short supply by providing operational support for early-stage investment funds, networks, and training programs that focus on both traditional and hybrid equity-based financing.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.