Seed and Early Stage Funding
Maryland Venture Fund
from the Maryland Technology Economic Development Corporation (TEDCO)
- A leader in seed and early stage investing with nearly two decades of experience and numerous successful investments.
- Fund is dedicated to funding and growing the next generation of outstanding early-stage businesses in Maryland.F
- For more information email Katherine Hill Ritchie at khillritchie@tedcomd.com
Seed Investment Fund
from the Maryland Technology Economic Development Corporation (TEDCO)
- Launched on November 1, 2016, the fund replaced the Maryland Life Science Investment Fund, Technology Commercialization Fund, and Cybersecurity Investment Fund.
- Support Maryland companies in their effort to develop and commercialize new technology-based products.
- To be eligible, companies must be based in Maryland and generally have less than 20 employees, 5 years in existence, and $1 million in qualified financing.
- Companies must be developing an innovative, technology-based product that addresses a critical need in a growing market.
- There is strong potential for the company to grow and have an economic impact on Maryland.
- For more information contact Ron Kaese at (410) 715-4170 or rkaese@tedco.md
Maryland Defense Technology Commercialization (DefTech)
from the Maryland Technology Economic Development Corporation (TEDCO)
- Created to promote the commercial use of defense technologies developed in Maryland’s Department of Defense labs
- Offers two programs to support, diversify, and connect with innovative entrepreneurs and small businesses throughout Maryland; DefTech Executives in Residence (EiRs) and DefTech Ambassadors
Social Impact Fund
from the Maryland Technology Economic Development Corporation (TEDCO)
- Designed to engage and invest in economically underserved founders and communities.
- Includes Pre-seed Builder Fund and Inclusion Fund
- For more information contact Jean Luc Park at jpark@tedcomd.com
- Maryland-based angel investment group that provides funding to technology-driven companies in the Mid-Atlantic region addressing significant market opportunity.
- Investments range from $100,000 to $1,000,000 and the group will often syndicate with other angel groups and VC’s for deals up to $2,000,000.
Maryland Industrial Partnerships Program
from the Maryland Technology Enterprise Institute
- Provides funding for university-based research projects that help companies develop new technology products.
- For more information call (301) 405-3891
Chesapeake Bay Seed Capital Fund
from the Maryland Technology Enterprise Institute
- Invests $250,000 annually into startup companies with innovative technologies that may help improve air and water quality in the Chesapeake Bay area.
- For more information call (301) 314-9770 or email adawood@umd.edu.
Other Resources
- Maryland Entrepreneur Resource List from TEDCO
- Provides a list of entrepreneurs who are available to mentor or provide leadership to early stage companies.
- Use include innovators who need an entrepreneur to commercialize their technology, entrepreneurs looking for their next start-up opportunity, or just the change to network.
- List of Regional Venture Capital Firms
- Gust
- Funding platform providing entrepreneurs the tools to manage the startup process from pitch to exit.
- Mid-Atlantic Venture Association