Grotech picked as InvestMaryland venture capital firm

Grotech Ventures has been selected as the first private venture capital firm to receive funds to invest through the state’s $84 million InvestMaryland program.

The newly launched program has previously given awards directly to early stage technology companies.

Grotech Ventures, with offices in Hunt Valley and Tysons Corner, Va., received $12 million from InvestMaryland to invest in early-stage companies in Maryland. If the investments are successful, the firm is expected to repay the funds and…

Read more: http://feeds.bizjournals.com/~r/bizj_baltimore/~3/NgxhDk0FU24/grotech-picked-as-...
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