Ocean’s Balance, a Cape Elizabeth edible seaweed products startup, won the $100,000 Greenlight Maine finale grant prize.

The prize was awarded to the company Saturday at Hauck Auditorium at the University of Maine in Orono.

Runners-up were American Roots, a Westbrook apparel company, and Flowfold, a Gorham outdoor wear manufacturer.

Ocean’s Balance was picked from a field of 60 fledgling Maine companies which auditioned to be one of 26 companies in a weekly show on NewsCenter Maine, WCSH.

Mitchell Lench, chief executive officer of Ocean’s Balance, said the company would invest the grant to expand its business.

Greenlight Mane, a statewide group focused on promoting new businesses, is now seeking submissions for its fifth season. More information is available on its website, www.greenlightmaine.com.