Two more venture capital firms have been selected to receive money for investing in early-stage businesses through the state’s InvestMaryland program, the Baltimore Business Journal reported. New Atlantic Ventures in Reston will receive $8 million and Kinetic Ventures in Chevy Chase will receive $5 million through the program, which is run by the Maryland Venture Fund Authority. The $84 million InvestMaryland program will give two-thirds of its money to venture capital firms to invest in early-stage companies in Maryland and the Venture Fund Authority will invest the rest itself.
To read the full, original article click on this link: Two new VCs join InvestMaryland program - Washington Business Journal
