Capital Connections
Discovery Fund
The Discovery Fund, established by the University of Maryland, is an early-stage investment fund aimed at fostering the growth of technology companies in Prince George's County, Maryland. With an annual budget of up to $1 million, the fund provides support to innovative startups in various fields such as quantum technologies, cybersecurity, data analytics, and biomedical devices. It offers both dilutive capital (like equity and convertible debt) and non-dilutive capital (grants). To be eligible, companies must be growth-focused startups located or willing to relocate to Prince George's County and demonstrate potential for market returns and regional economic benefits.
For more detailed information, please visit the Discovery Fund webpage.