ANNAPOLIS, Md., Feb. 17, 2011 /PRNewswire/ -- More than 400 entrepreneurs joined renowned educators and business leaders in Maryland's state capitol of Annapolis yesterday to show support for a bold initiative to infuse $100 million in the State's Innovation Economy. Heralded by experts as a national model, InvestMaryland - SB 180/HB173 - seeks to create a public-private partnership to fuel investment in Maryland's start-up and early stage companies, effectively quadrupling the State government's previous investment and spurring a culture of organic growth in the State. Among its benefits, the program has the potential to create thousands of jobs in Innovation Economy sectors ? life sciences and biotechnology, cyber security/IT and clean/green tech and attract billions of follow on capital, all with no immediate cost to taxpayers. It mirrors many aspects of a federal program to accelerate high-growth entrepreneurship nationwide, The Startup America Partnership, which President Barack Obama launched last month.
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