GrayBug won the $100,000 grand prize in the life sciences category of the InvestMaryland Challenge.
Entrepreneurs often follow a rough road to success, but on Monday evening, state officials and business sponsors proved there is help along the way.
The first-ever InvestMaryland Challenge culminated with the announcement of the three $100,000 grand prize-winning companies and presentations of in-kind awards worth a combined value of over $125,000. Participating companies represented some of the most innovative early-stage operations from Maryland and beyond.
Find a full list of winners here.
Governor Martin O’Malley, who welcomed grand prize winners to the stage inside the Maryland Institute College of Art’s Brown Center, said he identified with the start-up spirit of contestants.
“I’m an entrepreneur trapped in a public servant’s body. I believe in doing the things that work. I don’t have time for ideology. I don’t like bureaucracy. I’m not into process and I’m not into hierarchy. I’m into doing things that work, less of the things that don’t and putting together common platforms that allow people to come together and collaborate and innovate,” O’Malley said.
