Recently, Susan Kim covered the Investment Maryland Challenge in the Business Monthly. The InvestMaryland Challenge is a national seed and early-stage business competition hosted by the Maryland Department of Business and Economic Development in partnership with Inc. Magazine. The Challenge will award $400,000 in grants and a host of business services to companies in the life sciences and high tech industries. Grants are provided by the Department’s Maryland Venture Fund and the BioMaryland Center.
She reached out to Rick Kohr of Evergreen Advisors, a second year judge, to provide thoughts on the program. “This is leading-edge program that promotes the entrepreneurial energy in the state,” he said. “This, in conjunction with the $84 million investment dollars generated last year for the Maryland Venture Fund and numerous other venture funds with a presence in this state, creates a new level of much-needed support for new businesses and ideas. There had been a dearth of monies and commitment before these efforts.”
About Evergreen Advisors
Evergreen Advisors is a boutique middle market investment bank and corporate advisory firm focused on servicing organizations throughout their financial lifecycles to drive successful outcomes. Serving the Mid-Atlantic region including Maryland, Washington D.C., Virginia, and Pennsylvania, Evergreen Advisors, was formed in 2001 to provide innovative and strategic solutions to meet our clients’ evolving business needs.