College Park Businesses Make Second Round of InvestMaryland Challenge
Competition offers grants and services to life science and high tech companies.
Four College Park companies have made it to the second round of the InvestMaryland Challenge, a competition in which start-up companies can win a portion of $300,000 in grants and/or business services. Of the 250 companies that initially applied to the competition, 71 were selected to advance to the second round, with 20 in Montgomery and Prince George’s counties. The College Park companies that made the cut are VisiSonics Corporation, IGI Technologies, Remedium Technologies, and Maryland Energy and Sensor Technologies. In the second round, the entrants’ business plans will be reviewed and judged with semi-finalists announced Feb. 19, and the Governor’s Cup Award Ceremony on April 15. Prizes include such things as mentorship programs, …