February 22, 2015 | The equity crowdfunding platform OurCrowd plans to extend its reach in the United States through a partnership with the Maryland/Israel Development Center (MIDC), which is a partner of the Maryland Department of Business and Economic Development (DBED). OurCrowd plans to look at Maryland-based companies for investment opportunities, while MIDC plans to help OurCrowd expand its portfolio in the US. “We’re excited about the partnership with OurCrowd,” said MIDC Chairman Rob Frier. “It will give Maryland companies access to a potential new funding source and help Israeli companies enter the U.S. market further expanding the Maryland/Israel trade relationship.” OurCrowd was founded in 2012 by Jon Medved.
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