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Last month, Baltimore’s burgeoning startup scene earned a top spot in Entrepreneur’s hot U.S. startup cities’ list. With a network of top entrepreneurial resources such as Betamore, Baltimore Angels and Baltimore Corps, as well as educational institutions, it’s not hard to see why Baltimore’s startups are booming.

So, you live in Baltimore, you have a great idea and you are ready make your idea a reality. Where do you start? Before taking any tangible steps, concentrate on the capital with these three questions: