The Maryland Momentum Fund is a sector agnostic seed stage venture fund. If you are a startup founder and would like to engage with the Momentum Fund, please review the investment criteria and follow the steps below to submit an inquiry.
The Maryland Momentum Fund team keeps applicants up-to-date on the status of their applications. Applicants inquiring about the status of their application can reach out to the Managing Director at mdmomentum@usmd.edu.
All companies interested in being considered for the Momentum Fund must complete an application form. Applications are reviewed on an ongoing basis.
Before proceeding, the team verifies applicants meet the funding eligibility requirements.
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.
The Momentum Fund team gathers an expert panel to review each application and determine if it should move forward.
Applicants that appear to offer investment potential and have passed the due diligence and expert panel steps are invited to present to the Momentum Fund Advisory Board. The Momentum Fund Advisory Board meets on the first Wednesday of each month at 11 a.m. virtually and in a closed session.
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.
Applicants that are recommended for investment must submit an investment package to the Executive Committee for further discussion and a final decision.
The Momentum Fund Executive Committee finalizes investment with the applicant.