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First firm chosen for funds from InvestMaryland

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BALTIMORE (AP) — Grotech Ventures has been chosen to be the first private firm to receive funds through Maryland's $84 million InvestMaryland program. Gov. Martin O'Malley made the announcement on Wednesday. Grotech will get $12 million under the state program to invest in developing companies. The local venture capital firm focuses on information technology companies with an emphasis on...

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