Creating more than 2,000 new jobs, unlocking millions if not billions of dollars in private capital and launching the next MedImmune in Maryland — these are the dreams behind Maryland's latest strategy for fostering high-tech businesses in the state.
For years, officials said, Maryland's early-stage businesses have faced what the industry calls "the valley of death," the difficulty in obtaining funding between the company's startup and when larger investors step in to help ramp up commercialization. Some give up after falling short of their entrepreneurial goals with the lack of funding, while others have sought better prospects in other states. But there are those that continue to fight to forge their futures in Maryland.
To read the full, original article click on this link: O'Malley eyes $100M boost to start-up companies
Author: Lindsey Robbins
