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Maryland Momentum Fund

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    • Program Overview
    • Eligibility Criteria
    • Investment Criteria
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Maryland Momentum Fund

Primary Nav

  • About
    • Program Overview
    • Eligibility Criteria
    • Investment Criteria
    • Underrepresented Entrepreneurs
    • Additional Support
  • Steps for Funding
  • News
  • Portfolio Companies
  • Team
  • Connect

Social Media

  • Twitter
  • LinkedIn

Steps for Funding

The Maryland Momentum Fund provides "gap funding" to companies that, with co-investment, can achieve specific milestones and be positioned for a successful A-round of financing within 12-24 months. Review the Investment Criteria here.

Companies that are not deemed ready for funding may receive support or be connected with other resources and are encouraged to come back when better positioned for the funding.

The Maryland Momentum Fund team keeps applicants up-to-date on the status of their application.

The Momentum Fund strives for a fair, transparent process. Applicants should express any concerns regarding conflicts of interest to the Managing Director or to mdmomentum@usmd.edu.

  • Step No.1

    Submit Funding Application

    All companies interested in being considered for the Momentum Fund must complete an application form. Applications are reviewed on an ongoing basis.

  • Step No.2

    Verification

    Before proceeding, the team verifies applicants meet the funding eligibility requirements.

  • Step No.3

    Due Diligence

    The Managing Director, and others as appropriate, reviews the company's technology status, product market fit, customer traction, use of funds, competition, intellectual property, partners, exit, and more against the Investment Criteria.

  • Step No.4

    Expert Panel Review

    The Momentum Fund team gathers an expert panel to review each application and determine if it should move forward.

  • Step No.5

    Advisory Board Presentation

    Applicants that appear to offer investment potential and have passed due diligence are invited to present to the Momentum Fund Advisory Board.

  • Step No.6

    Follow Up and Additional Due Diligence

    After the presentation, the Advisory Board may request additional information or due diligence items or set conditions before recommending an applicant to the Executive Committee for investment.

  • Step No.7

    Executive Committee Presentation

    Applicants that are recommended for investment must submit an investment package to the Executive Committee for further discussion and a final decision.

  • Step No.8

    Investment

    The Momentum Fund Executive Committee finalizes investment with the applicant.

Apply now for funding!

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Maryland Momentum Fund

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