CHESAPEAKE BAY SEED CAPITAL FUND

A Scholar's Program for Industry-Oriented Research in Engineering

Overview

The Chesapeake Bay Seed Capital Fund invests in companies with innovative solutions that can help improve air and water quality in the Chesapeake Bay watershed.

Investments are jointly selected by investment staff at the Maryland Technology Enterprise Institute (Mtech) and technical staff at the Maryland Department of Natural Resources (DNR).

Funding

We invest $100,000-$500,000 in seed and Series A rounds of funding for direct commercialization efforts. We also co-invest with other funds in situations where our funding can leverage additional resources for the startup.

Industries of Interest

The Chesapeake Bay Seed Capital Fund is looking for investments in the following industries. Please note that this list is not all-inclusive. If you think that your company might fit the criteria for the fund, please apply.

Criteria

We are looking for companies that:

  • Have a product prototype
  • Can demonstrate product-market fit
  • Have a thoughtful commercialization plan
  • And can demonstrate a quantifiable reduction in nitrogen, phosphorous and/or sediment in the Chesapeake Bay as a result of their solution

Applications are accepted on a rolling basis.

Select Portfolio Companies

Manta BiofuelSmartSlopeZymetis

Team

Please reach out to Scott Christensen at schris14@umd.edu if you have any questions.

apply!