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).
The fund invests $100,000-$500,000 in seed and Series A rounds of funding for direct commercialization efforts. The fund also co-invests with other funds in situations where the funding can leverage additional resources for the startup.
We are looking for companies that meet the following criteria:
- 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.
Use Chesapeake Bay Seed Capital Fund to…
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Identify/apply for funding & grants
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. The fund invests $100,000-$500,000 in seed and Series A rounds of funding for direct commercialization efforts. The fund also co-invests with other funds in situations where the funding can leverage additional resources for the startup.
If you are an early-stage team working on a technology in the green/environmental/sustainability space, please reach out. If the CBSCF is not a fit at this time, we can connect you to programs and resources that can assist you in the stage you are currently in.