The Maryland House of Delegates has passed a measure to adjust how money from a state venture capital fund can be used to try to make it more effective.
Maryland officials have announced a $300,000 investment in two start-up companies through the state’s InvestMaryland initiative.
Grotech Ventures has been chosen to be the first private firm to receive funds through Maryland’s $84 million InvestMaryland program.
Gov. Martin O’Malley says $84 million has been raised for the venture capital fund known as InvestMaryland.
A Maryland agency has chosen a group to oversee the auction of tax credits to raise up to $70 million to help start-up companies in the state.
A group of senators has given preliminary approval to Gov. Martin O’Malley’s proposed venture capital fund.