Invest Maryland Day Canceled Due To Snow

ANNAPOLIS, Md. (AP) -- An event to highlight Gov. Martin O'Malley's Invest Maryland proposal has been canceled due to snowy weather.

The Invest Maryland initiative would create a public-private partnership to invest $100 million in innovative startup companies in the state.

The program would offer tax credits to insurance companies at a discounted rate of exchange for investing in the initiative.

(Copyright 2011 by The Associated Press. All Rights Reserved.)