Maryland Venture Fund

Maryland Venture Fund operates as an evergreen venture capital entity, fostering early-stage technology and life sciences companies in Maryland. It provides crucial capital and strategic guidance, enabling nascent businesses to develop and scale solutions. The fund strengthens the state's entrepreneurial ecosystem through targeted investments, advancing economic growth.

The Maryland General Assembly established the fund in July 2011 as the Maryland Venture Fund Authority, recognizing a critical need for dedicated early-stage investment. In October 2015, operations formally transitioned to the Maryland Technology Development Corporation (TEDCO). Formed in 1998, TEDCO now provides the institutional framework and expertise for the fund.

Maryland Venture Fund targets diverse early-stage companies and entrepreneurs across technology and life science sectors. Its vision is to be the premier funding source, bridging critical capital gaps. The fund strives to accelerate commercialization of transformative technologies, driving sustainable growth and strengthening Maryland's innovation leadership.