And the grand prize winners are… Congratulations to all the winners in the third InvestMaryland Challenge. All four will receive a $100,000 top prize from the Department of Business and Economic Development. Check out the rest of the prize winners in the list below, and an explanation of all the
The third InvestMaryland Challenge closes tomorrow when the winners of all $700,000 in prizes are announced by the Department of Business and Economic Development (DBED). They will include four grand prize winners of $100,000 each, and two dozen other companies that will take home smaller awards from DBED partners. The Challenge attracted 214 companies from eight states, Washington D.C.
And then there were 12. The Maryland Department of Business and Economic Development tapped on Thursday a dozen young companies as finalists in the InvestMaryland Challenge. There are three finalists in each of four categories competing for $100,000 top prizes. The entire pool of applicants—all 214 companies who entered—is eligible
This spring, the InvestMaryland Challenge will award four $100,000 grand prizes to innovative young companies with the potential to flourish in Maryland. Now in its third year, this national seed and early-stage business competition, hosted by the Maryland Department of Business and Economic Development, has accepted hundreds of applications since fall 2014.
Business owners aren’t the only ones gearing up for the 2015 InvestMaryland Challenge. Judges are also hard at work preparing to evaluate and mentor early-stage companies competing for more than $600,000 in prizes. In advance of the Challenge’s Dec. 12 application deadline, the Maryland Department of Business and Economic Development (DBED) hosted a Judges Forum. Judges include an array
Mobile System 7, a data system security provider, has moved its headquarters from Virginia to Bethesda, Maryland, and earned $400,000 in State and county investments, the Maryland Department of Business and Economic Development (DBED) announced Tuesday. The company’s move opened the door for a $300,000 investment by the State’s InvestMaryland program, administered
The InvestMaryland Challenge concluded this week as dozens of early-stage companies were awarded grants, business services and other resources valued at nearly $1 million. Four $100,000 grand prizes, funded by the Maryland Venture Fund and BioMaryland Center, part of the Maryland Department of Business and Economic Development, were awarded to companies
From among hundreds of applicants, judges selected four innovative early-stage companies to receive $100,000 grand prizes during the second annual InvestMaryland Challenge finale Monday evening. Find a full list of grand prize and special award winners here. The contest, sponsored by the Maryland Department of Business and Economic Development, was launched by Governor Martin O’Malley in
The second annual InvestMaryland Challenge, an early-stage business competition of the Maryland Department of Business & Economic Development, came to an exciting close Monday evening at the National Aquarium in Baltimore. Maryland Governor Martin O’Malley, joined by DBED Secretary Dominick Murray, entrepreneurs and business leaders, applauded the winners of nearly $1 million in grants
Cybersecurity startup Luminal has moved its headquarters to Maryland and plans to expand, thanks in part to a State investment, Governor Martin O’Malley announced Monday. The InvestMaryland program, one of Governor O’Malley’s key economic development initiatives administered by the State’s Maryland Venture Fund, has awarded Luminal a $600,000 investment. Previously