VOR Technology LLC, a veteran-owned cybersecurity firm, plans to expand its workforce in Columbia, Maryland. The company has recently received multiple contracts from the U.S. Department of Defense. To meet the growing demand for its services and cybersecurity expertise, the company anticipates creating more than 60 new jobs in the Fort Meade area.
“We take pride in the support we provide to the DoD in its mission to protect our nation’s critical infrastructure,” said Anthony Lawrence, Founder of VOR Technology. “There is an invisible war being fought in cyberspace and many individuals don't know it’s happening until they are impacted. This loan program will provide additional funding in our efforts to use innovative, unconventional software and hardware solutions to protect commercial and military communications.”
To provide the company with the working capital necessary to fulfill their government contracts, the Maryland Department of Commerce is providing a $50,000 loan through the Military Personnel and Veteran-Owned Small Business No-Interest Loan Program. The funding will help the company finance equipment upgrades, including computer hardware and software, which will be used to train new employees.
“As we celebrate Veterans Day tomorrow, I want our veterans to know that Maryland stands ready to assist them in taking the next step to success, whether it’s starting or expanding a business or buying a home,” said Governor Larry Hogan. “We are proud that Anthony Lawrence and VOR Technology are working with our federal partners to ensure the safety and security of our nation’s networks. We invite all veterans, members of the military, and businesses that employ veterans or reservists to learn how this program can help them start or expand a business.”
“The Maryland Department of Veterans Affairs is pleased to learn that through utilization of this loan program, VOR Technology LLC is positioned to expand their business, purchase needed equipment, and create jobs in Howard County,” said George Owings, secretary of the Maryland Department of Veterans Affairs. “Mr. Lawrence exemplifies the motto ‘Army Strong,’ and our department wishes him great success.”