bwtech@UMBC Cyber Incubator
sarahpurdum@umbc.edu
bwtech@UMBC Cyber Incubator Expands Entrepreneur in Residence Program
Community Welcomes Peter Chakales as Newest Entrepreneurial Resource
Pete is currently serving as COO/EVP of CRE Technologies, leading efforts in the development of cyber solutions and products for the commercial landscape. He is the former President/CEO of Performance Technology Group, a Baltimore based provider of infrastructure engineering and outsourcing services. Pete founded and led PTG from 1996 through 2009, when it was acquired by WWT. During Pete's tenure, PTG grew into a multifaceted organization providing services across Commercial, Federal and State customers. PTG was recognized as the leading Network Integration firm in the region in 2008. Pete received the Future 50 SmartCEO and ACG Deal of the Year awards in 2010.
Baltimore, MD - bwtech@UMBC Research and Technology Park was recently recognized in the Baltimore Business Journal as being the third largest incubator in the State of Maryland (read story here: (http://www.bizjournals.com/baltimore/subscriber-only/2015/01/09/incubators-and-accelerators.html). With approximately 120 companies within the Research Park, bwtech@UMBC offers a number of resources to not only attract companies to Maryland, but also to keep companies - primarily those focused in cybersecurity - in Maryland. bwtech@UMBC employs an Entrepreneur-in-Residence model for providing direct assistance to resident companies and affiliates. Entrepreneurs in Residence are serial entrepreneurs who assist clients in company operations and business development. They work directly with bwtech’s incubator companies to provide support and guidance on their go-to-market strategies, revenue generation models, business plan development, investor pitches and other needed areas (e.g., financing, management, etc.). Through discovery, bwtech@UMBC Entrepreneurs in Residence help companies set goals and milestones toward effective growth.
Prior to Performance Technology Group, Pete served as the Manager of Global Technologies for Black & Decker corporation, where he oversaw all global technology deployments and standards. Pete led several organizations during his tenure at Black & Decker and implemented the vast majority of technical architectures during the Black & Decker systems replacement activities throughout the early nineties. Systems deployed included SAP, PeopleSoft, Oracle Financials, I2 and Manugistics. Before Black & Decker, Pete was a Senior Staff member at Johns Hopkins Bloomberg School of Public Health where he supported a variety of research studies including Migraine Headache, Prospective Study of Central Nervous System Function in Amateur Boxers and Human Genome.
Pete has a Bachelor of Arts in Biochemistry and Molecular Biology and a Bachelor of Science in Computer Science from UMBC. He participated in the inaugural DreamIT Health round where he served as mentor and is very active within the Baltimore entrepreneurial ecosystem focusing on early stage Cyber and Life Sciences organizations. Pete is excited to help out start up and emerging Cyber companies at bwtech@UMBC as a part time Cyber Entrepreneur in Residence.
