Maryland Launch Fund
Welcome to the University System of Maryland (USM) Launch Fund! We’re thrilled to support builders, creators, and innovators like you, connecting you with resources, mentorship, and capital.
If you are a student or employee at a USM institution without a venture yet, you can get in touch with your institution about the possibility of funding via a microgrant.
If you already have a venture, read on for guidance on how the Launch Fund can help with your next steps.
USM universities form the backbone of the Maryland Launch Fund. Regardless of the funding outcome, these universities (all 12 of them!) are here to support you, helping you tap into valuable resources. We’re all excited to be part of your entrepreneurial journey.
1. You Register and Apply: Get in the game by registering by June 15! We’ll provide you with a unique link to access the online application (you can preview the application below). Registrants after June 15th are not guaranteed to be considered.
2. Review Committees Advise: Once you’ve submitted your application, our Review Committees, comprised of institutional representatives, external experts, entrepreneurs, and investors, delve into the details. They evaluate each venture individually, utilizing the evaluation criteria, and then convene for a discussion on a call. Their insights help identify ventures ready for funding and prioritize them based on the current availability of funds.
3. Executive Committee Decides: The Executive Committee, representing all 12 USM universities and the USM Office, considers the Review Committees’ recommendations. With a keen focus on the program’s goals, they make the final decision. You’ll receive the news—whether your venture is approved or not—along with the opportunity for valuable feedback. If your venture is approved, the Managing Director will assist in finalizing the terms.
Welcome to the application process! First, some important notes:
When you register, you will receive a unique application link.
Below is a preview so that you can prep before entering your info. If discrepancies, defer to the actual form. Answering these questions will give us a deeper understanding of your venture. Be specific but concise.
// Venture Basics
// Venture Specifics
// Wrap-Up
Your success is our goal. Any feedback? Shoot it over – we’re all ears: via this form, via email, or phone — Lindsay Ryan at launch@usmd.edu and 410-409-2236.
Market Understanding
Market Access
Competitiveness in Market
Team
Finances
Short-Term Goals & Ask
Values of Diversity, Equity, and Inclusion
Long-Term Goals
Strategy & Cohesion
Likelihood of Execution
In the evaluation process, reviewers play a crucial role in advising on the fundability of applications and prioritization of which ventures to fund. The final funding decisions are made by the Executive Committee, which analyzes the provided information within the context of the existing portfolio and program goals. Reviewers will receive instructions on how to individually review applications and will be invited to a collaborative call to discuss applications with fellow reviewers. Learn more about the process here.
To ensure the highest quality review, reviewers are advised to follow these steps. This structured approach aims for a fair and comprehensive evaluation process. Your diligence contributes significantly to the success of the review process. We are thankful to the National Science Foundation and Chicago Beyond, whose resources helped inform the program and review design.
If you have any questions or concerns, please feel free to reach out to the Managing Director.
We are aiming for fair review, but we can always improve. Share any feedback via this form, via email, or phone — Lindsay Ryan at launch@usmd.edu and 410-409-2236.
Please direct any questions to Lindsay Ryan at launch@usmd.edu.
The University System of Maryland comprises 12 public universities, three regional higher education centers, and more than 200,000 people—students, faculty, and staff—dedicated to pursuing knowledge, advancing discovery, improving lives, and strengthening communities across the state and around the world.