Business

Feb. 12, 2014 11:15 am

41 of 260 startups advance in the 2nd InvestMaryland Challenge

Twelve of the 41 startups are based in Baltimore city.

Governor O'Malley speaking at the InvestMaryland Challenge awards ceremony in 2013.

Out of 260 startups that applied, 41 have advanced to the next round in the second InvestMaryland Challenge.

As Technical.ly Baltimore reported, the business competition for early-stage startups from Maryland and the U.S. will award four grand prizes of $100,000 to four startups competing in four categories: cybersecurity, general industry, IT hardware and software, and life sciences.

All startups that applied employ less than 25 people and have annual revenue less than $1 million. Twelve of the 41 startups are based in Baltimore city.

Find the list of 41 here.

The inaugural InvestMaryland Challenge in 2013 produced three winners, as Technical.ly Baltimore reported.

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Andrew Zaleski

Andrew Zaleski is a freelance journalist in Philadelphia and the former lead reporter for Technical.ly Baltimore. Before moving to Philadelphia in June 2014, he was a contributing writer to Baltimore City Paper and a Tech Check commentator for WYPR 88.1 FM, Baltimore city’s National Public Radio affiliate. He has written for The Atlantic, Outside, Richmond magazine, Washington City Paper, Baltimore magazine, Baltimore Style magazine, Next City, Grist.org, The Atlantic Cities, and elsewhere.

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