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USM Announces New Venture Fund

UM BioPark Companies Eligible to Apply

In an effort to increase commercialization of its leading-edge research and support the growth of promising companies, the University System of Maryland (USM ) is launching a new $25million early-stage investment fund, the Maryland Momentum Fund. The fund is focused on filling gaps in the funding continuum to propel USM’s most promising and innovative ideas into the marketplace.

The USM has committed $10 million to this fund and is partnering with UM Ventures to secure an additional $15 million from area venture capitalists and angel investors to be co-invested along with USM funds. The Maryland Momentum Fund will leverage this financial support across the USM ecosystem to:
• Accelerate the success and profitability of USM start ups
• Attract promising entrepreneurs/innovators to USM institutions
• Commercialize valuable USM intellectual property
• Generate long-term financial returns to be reinvested in future USM affiliated start-ups

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