SEED SPOT Parnter for Impact Accelerator
The Prince George’s County Economic Development Corporation and SEED SPOT have partnered to once again launch the Seed Spot Impact Accelerator, two four-week accelerator programs for up to 20 small business owners. The purpose of the programs is to focus on preparing underrepresented entrepreneurs for growth and investment through personalized coaching, industry-specific mentorship, and a curriculum targeting key business development areas.
Following the program, participants gain access to SEED SPOT’s Alumni Resource Platform, providing invaluable benefits like facilitated introductions to investors, preferred vendor pricing, and ongoing support for sustained entrepreneurial success.
Upon completion of the Entrepreneur Impact Accelerator, participants can anticipate outcomes such as refined business models; high-performing teams; strategic market entry; customer acquisition mastery; investment roadmaps; sales and profitability boost; diverse mentorship impact; and access to capital.
Applicants will be notified of their successful enrollment in the program prior to May.
For more information, contact the economic development corporation at 301-583-4650.
Luminis Health Names New Chief Financial Officer
Luminis Health, a non-profit regional health system that includes a medical center in Lanham, has appointed Stephanie Schnittger as the new Chief Financial Officer.
In this role, Schnittger will provide strategic direction and oversight to various financial aspects of Luminis Health, including financial operations, budgeting, planning, and analysis based on her over 20 years of experience in healthcare finance.
“We are excited to welcome Stephanie Schnittger to Luminis Health. Stephanie is a seasoned financial leader with a proven track record in resource management within the healthcare sector,” said Luminis Health CEO Tori Bayless.
“Her consistent achievement of operational excellence across various business units and divisions will play a crucial role in advancing the health system’s financial strategy to achieve our ambitious Vision 2030 goals, as we continue to invest in the health and wellbeing of our organization and community,” Bayless continued.
“I am honored to join the Luminis Health Team,” said new CFO Schnittger. “I look forward to executing a comprehensive long-term strategy that strengthens our financial position, ultimately benefiting our team members, patients, their families, and ensuring we remain a valuable asset to the communities we serve.”
We have previously covered updates with Luminis Health; read more here and here.
AI for Business Growth
The Prince George’s County Economic Development Corporation and the University of Maryland announced plans to introduce a specialized program tailored for small business owners keen on leveraging artificial intelligence for business growth.
The hybrid initiative features an online AI course, followed by an immersive in-person boot camp at the university. The program offers a blend of AI-focused education, personalized coaching, and industry-relevant mentorship.
Each boot camp focuses on hands-on learning and real-world application. Topics might include AI for Customer Relationship Management; Operational Efficiency with AI; and Data-Driven Decision Making with AI.
Applicants will be notified if they’ve been accepted into the joint specialized program by May 10.