Maryland

12 08, 2021

New Loyola Angels Fund will support venture capital education 

By |2021-08-12T08:49:34+00:00August 12th, 2021|Angel, Maryland, State or Government, Student Funds|0 Comments

Loyola University Maryland has created the Loyola Angels Fund, which supports the launch of a yearlong interdisciplinary undergraduate learning opportunity that ultimately provides student innovators with angel investment experience while serving as a funding vehicle for local under-resourced entrepreneurs, especially Baltimore-based Black-, Brown-, and female-owned businesses. Loyola recently expanded its fundraising goal, from $100,000 to [...]

29 04, 2021

U. Maryland commits $25 million to incubator for quantum startups

By |2021-04-29T11:09:23+00:00April 29th, 2021|Maryland|0 Comments

The University of Maryland will house an incubator for quantum computing startups, offering access to high-quality internet and connections with potential customers, the school announced last week. The university will spend $25 million to create the Quantum Startup Foundry, according to a press release. The $25 million comes from state investment and from the university’s Discovery Fund. [...]

22 04, 2021

TEDCO’s Seed Fund +USM Momenturm Fund support $850K Investment Round

By |2021-04-22T09:42:10+00:00April 22nd, 2021|Maryland, Startup Fund, State or Government|0 Comments

TEDCO, Maryland’s economic engine for technology companies, announced today its Seed Fund invested $200K in TargetDocs, a Maryland-based technology startup. TEDCO’s Seed investment is part of an $850K funding round, which includes University System of Maryland Momentum Fund (Momentum Fund), the Hustle Fund, New Age Capital, Debut Capital, Dingman Center Angels, and Gaingels. TargetDocs, based in Montgomery County and led [...]

2 12, 2020

UMD computer scientist’s VisiSonics raises $3.5M, including $500K from Momentum Fund

By |2020-12-02T09:48:15+00:00December 2nd, 2020|Maryland, Venture Fund|0 Comments

For one, there’s a question of visuals. The objects have to be three-dimensional enough to look like they’re in front of a player, and a character has to be able to move around to see those objects to the right or left. It’s not just a question of look, but also feeling like you’re somewhere [...]

20 08, 2020

TEDCO’s Maryland Innovation Initiative Accelerates Technologies from Bench to Market | TEDCO

By |2020-08-20T10:14:29+00:00August 20th, 2020|Maryland, State or Government|0 Comments

 TEDCO, Maryland’s economic engine for technology companies, announced its recent round of investments in six (6) start-up companies and funding to  fifteen (15) university projects through the Maryland Innovation Initiative (MII). Established in 2012, the MII program was created as a partnership between the State of Maryland and five Maryland academic research institutions: Johns Hopkins University; Morgan [...]

23 07, 2020

This Maryland accelerator is helping to turn clean energy tech into startups 

By |2020-07-23T11:17:01+00:00July 23rd, 2020|Accelerator/incubator, Maryland, Proof of Concept (POC) Fund|0 Comments

The immediate impact of the COVID-19 pandemic and economic shock are the focus of plenty of societal problem-solving efforts right now. In the long-term, however, climate change remains a vexing challenge that’s not going away. The environmental imperatives of reducing emissions and creating clean energy options offer an area where new technology can play a role in [...]

7 05, 2020

TEDCO’s Seed Fund made two new investments in local startups

By |2020-05-07T09:27:02+00:00May 7th, 2020|Maryland, State or Government|0 Comments

Following a few months of organizational uncertainty — and despite an ongoing global crisis — Maryland Technology Development Corporation (TEDCO)’s Seed Fund is back to making investments in local startups. Bethesda, Maryland’s NewConnect and Baltimore’s BullFrog AI each received a $200,000 investment from the Columbia, Maryland-based fund last month. Launched in 2013, NewConnect provides high-speed internet access to commercial buildings and enterprises [...]

9 01, 2020

TEDCO’s Maryland Innovation Initiative Infuses $2.63M in New Round of Projects

By |2020-01-09T09:36:10+00:00January 9th, 2020|Maryland, New Investments/Awards, State or Government|0 Comments

COLUMBIA, Md., Jan. 8, 2020 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, announced its recent round of funding for select projects through the Maryland Innovation Initiative (MII). This round of funding includes project grants for technology assessment and investments in the spin-out companies, from its five partner universities for a total of $2.63M. Established in 2012, the MII program was created [...]

21 11, 2019

Supercharging Student Startups

By |2019-11-21T08:48:25+00:00November 21st, 2019|Maryland, Student Funds|0 Comments

Student startups that aim to give fashion aficionados their own virtual runway and to improve students’ memory of what they’ve learned were selected as the inaugural winners of $20,000 in seed funding through a new program at the Dingman Center for Entrepreneurship. Terp Startup Fellows is launching this week with two student companies: Savvy Tech and [...]