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Friday, February 15, 2013

Annapolis Businesses Make Second Round of InvestMaryland Challenge

Competition offers grants and services to life science and high tech companies.

Two Annapolis companies made it to the second round of the InvestMaryland Challenge, a competition where start-up companies can win a portion of $300,000 in grants and/or business services. Of the 250 companies that initially applied to the competition, 71 were selected to advance to the second round, with three in Anne Arundel County and 18 in Montgomery and Prince George’s counties. In the second round, the entrants’ business plans will be reviewed and judged with semi-finalists announced Feb. 19, and the Governor’s Cup Award Ceremony on April 15. Prizes include such things as mentorship programs, strategic consulting services, product development services, incubator space, accelerator programs and small business innovation research …

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