Thirty-seven companies so far have entered the InvestMaryland Challenge to compete for one of three $100,000 prizes, according to the Baltimore Sun.
Among them are several companies that have presented at Baltimore TechBreakfast, including Parking Panda, WeLearn Educational Software and Firejack Technologies.
Read the list of 37 companies on the Baltimore Sun website.
As Technically Baltimore reported, the InvestMaryland Challenge is an early-stage business competition hosted by Maryland. The challenge is open to in-state and national startup companies, although companies not based in Maryland can only apply for the $100,000 grant in the “general” category: “technologies focused on Maryland’s top industries including energy, agriculture, clean tech” and others, according to the InvestMaryland Challenge website.
According to the Baltimore Sun, the InvestMaryland Challenge “seems to be a way for Maryland’s Department of Business and Economic Development to “prime the pump” of startups in the state and promote [the] far larger, $84 million [InvestMaryland] plan to invest broadly in early-stage technology companies in the state over the next several years.”