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.
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 Bill Collier at (410) 715-4170 or bcollier@tedco.md
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 $50,000 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
- 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.
- The Prince George’s County COVID19 Business Impact Fund is to provide assistance to businesses so that they may retain their pre-pandemic workforce and sustain operations through social distancing.
- Use of funds: To support cash operating expenses including payroll, suppliers, rent, fixed debt payments and other business critical cash operating costs