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Seed and Early Stage Funding

Seed and Early Stage Funding

Maryland Venture Fund
from the State of Maryland

  • A leader in seed and early stage investing with nearly two decades of experience and numerous successful investments.
  • The fund invests in highly innovative technology companies from industry sectors including software, communications, cybersecurity, and life sciences in the areas of healthcare IT, medical devices, and diagnostics.
  • For more information call (410) 767-6383.

Seed Investment Fund
from the Maryland Technology Economic Development Corporation

  • 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

Minority Pre-Seed Fund
from the Maryland Technology Economic Development Corporation

  • Addresses the needs of minority entrepreneurs in Maryland, who often lack access to the earliest stage of start-up capital known as the Friends and Family round.
  • The fund will make investments up to $40,000 to help minority entrepreneurs take a technology -based idea or concept that represents a viable business opportunity and develop it into a product that can be tested with potential users.
  • Investments are made in the form of a five-year, convertible note to the company.
  • For more information contact Mac Conwell at (410) 715-4180 or mconwell@tedco.md

Dingman Center Angels

  • 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.

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