University of Maryland's tech transfer office is set to form a fund that will invest in local university-linked startups.
UM Ventures, the tech transfer office for the University of Maryland System (UMS), has unveiled plans for a venture fund of undisclosed size aimed at retaining university-linked startups in the city of Baltimore.
Baltimore Fund will back startups affiliated with any of UMS’s 12 academic and research institutions. Eligible startups could have half of their first year’s rent covered to help lure them to local facilities such as UMB’s BioPark research space, City Garage hub in Port Covington and John…
