We are excited to announce that Light Point Security has advanced to the final 6 companies of the InvestMaryland Challenge in the Cybersecurity category. The InvestMaryland Challenge is a national business competition aiming to help fund promising startups. This year there are 4 categories, and one winner will be chosen from each. Each winner will receive a $100,000 grant.
A total of 260 companies applied this year across four catagories: Information Technology, Cybersecurity, Life Sciences and General. A total of 41 finalists are still in the running for the 4 top prizes.
The next phase of the competition will be a face-to-face pitch to the judges. Each company will give a 15 minute presentation, followed by a 10 minute Q&A session. The final winners will be announced at an awards ceremony in April.
We are honored to have been selected as a finalist in the competition, and there are still a lot of great companies in the running. Please wish us luck!