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Maryland Venture Fund Authority

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BALTIMORE, MD (July 29, 2013) – Governor Martin O’Malley today announced that two Maryland tech companies received investments totaling $350,000 through the State’s InvestMaryland program, which was created by Governor O’Malley and the General Assembly to make venture capital investments in promising Maryland startups in high-tech, high-growth fields. The State

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By Nick Sohr, Managing Editor, MDBIZNews Grotech Ventures, a local venture capital firm, will invest $12 million on behalf of the state through the InvestMaryland program, the state announced Thursday. Grotech is the first venture partner for InvestMaryland. The Maryland Venture Fund Authority, which oversees InvestMaryland, tapped Grotech “because of

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By Nick Sohr, Managing Editor, MDBIZNews The Maryland Venture Fund Authority will tap a handful of venture capital firms by early July to invest the lion’s share of the state’s $84 million InvestMaryland program, authority Chairman Peter Greenleaf said Thursday. “You can feel comfortable that the range of investments [is]

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By Nick Sohr, Managing Editor, MDbizMedia Peter Greenleaf visited the Department of Business and Economic Development recently to oversee the historic tax credit auction that raised $84 million for the state’s InvestMaryland program. Greenleaf took some time out from his duties as chairman of the Maryland Venture Fund Authority for

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InvestMaryland raised $84 million on Thursday to invest in small, high-tech Maryland businesses. Afterward, Christian Johansson, secretary of the Department of Business and Economic Development, and Peter Greenleaf, president of MedImmune and chairman of the Maryland Venture Fund Authority, shared their thoughts on the highly successful auction and what’s next for

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By Nick Sohr, Managing Editor, MDbizMedia The state raised $84 million Thursday to fuel InvestMaryland, the largest state-funded venture capital program effort in the Maryland’s history. The money will be invested in young, high-tech companies in some of the most innovative sectors in Maryland, including the life sciences, information technology

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