TWO EXCITING FUNDING OPPORTUNITIES FOR LOCAL ENTREPRENEURS:
1) Invest Maryland Challenge
The State of Maryland Department of Business and Economic Development has announced their next Invest Maryland Challenge.
The national seed and early-stage business competition will award Four $100,000 awards, one each in the categories: IT hardware/software, Life Sciences, Cybersecurity and General Business. To qualify, a company must have the following:
- Fewer than 25 employees
- Annual revenue of less than $1million
- Duly-organized legal entity
All the information is available online at http://investmarylandchallenge.org/
2) Start-Up Maryland
Startup Maryland, a regional initiative launched out of the Startup America Partnership, is again making a stop in Frederick to give local entrepreneurs a chance to pitch their start-up business. The Frederick County Chamber is celebrating entrepreneurship by welcoming the Startup Maryland-Pitch Across Maryland tour bus and business pitch competition to the Chamber Expo. Local entrepreneurs can pitch their business and film a promo video that will be distributed nationally and the public can vote on the winner! The bus will be in the parking lot of the Chamber Business Expo from 3:00 to 5:00 p.m. on September 24th.
Per the Startup Maryland website: during the Startup Tour in 2012, Maryland jumped from # 22 to # 4 in start-up density (# of start-ups per million population) a key metric; Startup Maryland has since moved up to rank # 2 in U.S. If you have a start-up company and want to pitch your business and plans, visit their registration site.