Startups

InvestMaryland Challenge: 9 companies chosen as finalists from field of 33

Of 259 startups that applied to, and 33 semi-finalists chosen in, the inaugural InvestMaryland Challenge, just nine — three in each category — are finalists. The three winners of three $100,000 prizes will finally be announced at an awards ceremony April 15 at the Maryland Institute College of Art.

From 259, to 33, to nine.
Of 259 startups that applied to, and 33 semi-finalists chosen in, the inaugural InvestMaryland Challenge, just nine — three in each category — are finalists. The three winners of three $100,000 prizes will finally be announced at an awards ceremony April 15 at the Maryland Institute College of Art.
As Technically Baltimore has reported, the challenge is an early-stage business competition put on by the state of Maryland that will award cash grants to startups in three categories: IT hardware and software, life sciences and a general category that was open to startups across the U.S. (Only Maryland-based startups were eligible to apply for funding in the former two categories.)
The nine finalists broken down by category, courtesy of MDBizNews:
IT Hardware & Software:

Life Sciences:

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General – Open nationally to all industries

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