The University of Maryland announced six finalists for its business plan contest today. In its fourth year, the contest has produced successful start-ups in the past, including Chesapeake PERL and AnthroTronix, which have both received more than $7.5 million in funding combined.
This year, the finalists all hail from various arms of the technology industry, including:
Maryland Data Recovery--A company using patent-pending technologies to target data recovery, data storage, and intelligence communities.
Mindsay--Its Web-based social networking product for Generation Y combines blogging, cross-networking, and IM.
Pervasive Technology Engineering--Plans to offer fiber optic sensors to the automobile and airplane engine market.
Squarespace--Internet publishing company touting a Lego-block style content management system which helps users create complex websites through a drag-and-drop interface.
TruGamerz--Its ThumbMaster product gives gamerz added leverage, comfort and control.
MacroPhage Networks--Creators of a technology that mimicks the human immune system.