The Investors are Noticing Maryland

Maryland’s innovation is getting attention from investors.  For the first time since 2001, investors deployed over $400 Million in one quarter into Maryland companies in the first quarter of 2018. This amazing number surpasses the total ANNUAL funding that Maryland saw in 2012, 2014 and 2016. In the region Maryland wins too! The top deal in the region was a $250 Million investment in a Maryland company. The top 4 deals in the region went to Maryland companies accounting for $340 Million or 64% of the regional dollars.   

Why is the investment up in Maryland?  I think in addition to having the most innovative companies in the world, Maryland is focused on providing resources for companies to thrive and grow. Maryland Tech Council is providing resources for our members to thrive and grow through education, connection and advocacy. We just finished protecting legislation and getting new legislation passed that would give credits to investors in the cyber and bio space. In addition, we have been focused on training companies who need investment. We finished our first cohort of FounderTrac on April 3 and will have another cohort in the fall. Finally, we have been helping our members connect. We are partnering with CONNECTpreneur for the ECVC- The East Coast VentureCon on May 23 to showcase our innovative Maryland companies to potential partners and investors and also have one planned for the fall.  

Let us know what you are doing. We want to help our members. Let us know what you are working on and let us know when you complete a big deal or finish a financing round.  Getting this information out to the rest of the world not only helps you but also helps promote Maryland’s Innovative community.  Email any success stories to me at tami@mdtechcouncil.com!