O’Malley Seeks to Increase Venture Capital Fund by $100 Million

June 2, 2010  |  

(Washington Examiner) — Gov. Martin O’Malley wants to multiply Maryland’s investment in biotech and life sciences startups by borrowing money from insurance companies.

“One of the many effects of the national recession is the drying up of venture capital,” O’Malley told a group of business leaders at the State of Tech in the I-270 Corridor conferencein Rockville. “We cannot become a venture capital bank, but we can … push back.”

Read More…

Trending on MadameNoire

View Comments
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN
blog comments powered by Disqus