Startups

Baltimore city startups win in Eastern Shore Business Plan Competition

Baltimore city startups Asurvest and Advancing Synergy LLC came in second and third, respectively, in the second annual competition.

Luke

Second-place winners Asurvest. At center: founder Luke Cooper and CMO Nicole Robinson.

One winner and two runners-up were crowned in the second annual Eastern Shore Business Plan Competition, including two Baltimore-based startups.

  • 1st place ($20,000): BakeSalea Gaithersburg-based startup that allows people to donate to charities directly from social media sites and blogs. For winning, BakeSale moves directly into the semi-final round of this year’s InvestMaryland Challenge competition.
  • 2nd place ($10,000): Asurvest, a Baltimore city startup that promotes itself as an affordable alternative for individual investors in financial markets.
  • 3rd place ($5,000): Advancing Synergy LLCanother Baltimore city startup that is developing health IT software for use in public health, in the hopes that patients from lower socioeconomic classes receive the same health information as those with the money to afford better care.

Prizes were distributed in cash and services so the three startups can “turn their innovations into business enterprises on Maryland’s Eastern Shore,” according to a press release.

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