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Maryland will be giving away $300,000 to promising entrepreneurs in a business competition.

The contest, called the InvestMaryland Challenge, is part of the state’s venture capital initiative that raised $84 million for seed and early-stage companies earlier this year.

The competition’s prize is $100,000 for the most impressive companies in three categories: information technology, life sciences and general.

To read the original article: Maryland venture capital program to award three firms $100,000 each in entrepreneur contest - Washington Business Journal