Sifted from over 250 entries from around the country, the InvestMaryland Challenge has narrowed down its final nine competing companies.
The national business competition, hosted by the Maryland Department of Business & Economic Development, will award three $100,000 top prizes and another $125,000 in cash and in-kind awards. Companies also have the opportunity to receive direct investments from venture capital firms and angel investors.
The winning companies will be announced on April 15 at the Brown Center at the Maryland Institute College of Art in Baltimore.
Finalists were narrowed down to 33 on Feb. 27, and on March 5, representatives of each company participated in 15-minute face-to-face interviews with Maryland DBED.
The following companies remain in the competition:
Life sciences finalists:
General business finalists:
DBED Secretary Dominick Murray congratulated participating companies.
“The InvestMaryland Challenge celebrates what makes Maryland’s economy so strong and diverse—the drive and creativity of our many innovators and entrepreneurs,” Murray stated in a press release. “They’re protecting our vital computer networks from cyber attacks, developing cancer cures and anthrax vaccines, and building the companies of tomorrow that will employ generations of Marylanders. On behalf of the State and our partners in the Challenge, congratulations to the finalists and good luck to all of the companies that entered.”
Find more information from DBED here.