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Startups scramble for InvestMaryland cash – Baltimore Business Journal

By December 17, 2012News
invest-maryland-challenge

invest-maryland-challenge

Startups are coming out of the woodwork to vie for InvestMaryland cash. Under a business plan competition, the state-run investment program is offering prizes of $100,000 to three early-stage companies.

Prizes will go to a company in the life sciences, one in the IT space and one in a general category.

Not surprisingly, a whopping 259 startups applied — a colorful bunch that includes entities such as BodyCount LLC, A.I.R. Lawn Care and Fraud Sniffr, as well as some more traditional tech and biotech companies, according to an official list. About 10 percent of the companies that applied are from out of state.

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