Business executives are welcoming a proposed private-public partnership designed to boost venture capital investment in Maryland's technology and life sciences companies by upward of $100 million, although some have expressed more caution.
Venture capital deals in Maryland last year dropped to the lowest dollar amount in at least a decade, with 66 deals worth $277.1 million, according to the latest MoneyTree report by PricewaterhouseCoopers and the National Venture Capital Association. The value declined 42 percent from 2008 and the number of deals fell 32 percent.
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Author: Kevin James Shay and Douglas Tallman
