DEVELOPMENT

Paragon Bioservices received support from the state and Anne Arundel County Economic Development Corp. (AAEDC) for its new 150,000-square-foot commercial manufacturing facility in the BW Gateway development on Harmans Road. The project is currently underdevelopment and will add 200 new jobs to the area over the next four years. Read more at MDBizNews.

 

EDUCATION

Remington-based Edfintech startup Allovue received $2 million in funding to add features to its Balance platform, which assists school districts in allocating, managing and evaluating their finances. Read more at Technical.ly Baltimore.

 

TECHNOLOGY

BGE unveiled a $125,000 TED (Trash Elimination Device) at the Heath Street storm water drain, part of an effort to reduce litter in the Patapsco River, which is often subjected to 100 million gallons of sewage runoff during major storms. Read more at SOuthBMore.