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05/17/2013 – Ernst & Young Names Maryland Finalists for Entrepreneur of the Year

Accounting and advisory firm Ernst & Young has announced the 29 finalists for its 2013 Entrepreneur of the Year Award in Maryland. Finalists, listed at the link below, were selected by a panel of independent judges. Winners will be announced on June 26 in Baltimore.

05/15/2013 – Entrepreneur Magazine ranks Maryland No. 1 for new businesses

California-based Entrepreneur Magazine recently named Maryland as the No. 1 state to start a new business, the Washington Examiner reported. Virginia wasn't far behind, at No. 3.

05/15/2013 – Where Should A New CEO Focus First?

Long-standing CEOs almost universally say their number one job is to own and drive vision and values. At the same time, their common regret is not moving faster to get people in appropriate roles. Reflecting back, CEOs talk about how surprised they were by how lonely the job is, and both the positive and negative stress involved with being in charge.

05/15/2013 – POINTCLICKSWITCH.COM LAUNCHES IN WASHINGTON D.C. FOR RESIDENTS LOOKING TO SAVE MONEY THIS SUMMER ON PEPCO BILLS

District of Columbia (DC) residents now have a website to compare the most competitive electricity supply offers in the marketplace. Baltimore based tech startup PointClickSwitch.com offers residents the ability to compare offers and enroll with the energy supplier of their choice and in most instances, saving customers over the utility (Pepco).

05/14/2013 – Chevy Chase-Based NEA Co-Leads $6.75 Million Round for GraphLab

New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said on Tuesday it has co-led a new $6.75 million round of funding for Seattle-based GraphLab, which is developing a commercial product to apply advanced machine learning to massive graph datasets.

05/14/2013 – Eighteen Area Start-Ups Tapped to Take TechBUZZ Stage at Capital Connection 2013

MAVA will showcase 18 innovative start-up companies at its Capital Connection 2013 conference, celebrating some of the hottest ideas and emerging technologies the East Coast has to offer.

05/13/2013 – eFortresses CloudeAssurance Named Gartner Cool Vendor in Risk Management and Compliance in 2013

eFortresses is pleased to announce that due to its cloud security rating platform, CloudeAssurance, it has been recognized by Gartner as one of only four Cool Vendors in risk management and compliance in 2013.

05/13/2013 – Baltimore-Based Foodem Raises $600,000 in Angel Funding

Foodem, the Baltimore-based developer of a B2B online wholesale food marketplace and business intelligence platform, said on Monday it has landed $600,000 in a round of angel funding, which included a new investment from Bethesda-based Panacea Capital Advisors.

05/09/2013 – PerspecSys, Inc. Raises $12M Round of Series B Equity Financing

PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today announced it has raised $12 million in funding co-led by new investors Paladin Capital Group and Ascent Venture Partners, and joined by return backer Intel Capital and other existing institutional investors.

05/08/2013 – Lessons on landing capital; LLR Featured

Zack Mansfield, who advises startups and small businesses, said new companies face a conundrum as they look for financing.

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