USM investment fund has tapped mostly Baltimore, College Park startups

The Maryland Momentum Fund has been successful in its first couple of years but needs to do a better job of marketing itself to all of the University System of Maryland’s institutions, the fund’s director told the system’s Board of Regents Thursday.

The fund, which the system uses to invest in startups related to system institutions, has invested in eight companies so far, leveraging its investments with about four times that amount in outside money.

Read the full article from The Daily Record.