Andrew Suggs
FounderTrac closed out the second cohort of the accelerator in a year earlier this month with a demo day in Annapolis, and news of an investment for a company that recently opened a headquarters in Maryland.
The November 6 event at the state capital’s Loews Hotel concluded the three month program for 11 startup founders, who met regularly for sessions on building a business in Annapolis and received guidance from a “Sherpa,” or experienced executive in the community. The program began in 2017 as a partnership between LAUNCH! Annapolis, MCVC Partners, the Maryland Tech Council, then got funding from TEDCO for 2018.
At the event, College Park–based Leon Scientific was named the winner of the pitch competition. Led by Founder and CEO Deborah Hemingway, the UMD startup is commercializing cellular imaging technology invented by Giuliano Scarcelli.
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