David Wise has been appointed director of the Maryland Momentum Fund, a $25m vehicle that supports companies emerging from University System of Maryland.
University System of Maryland (USM) has named David Wise (pictured) as director of its Maryland Momentum Fund, the $25m initiative that supports companies launched from USM’s 12 institutions and its incubators.
Wise joined USM at the end of last month, having previously been chief executive of vaccine and vaccine delivery technology developer Pharos Biologicals.
His responsibilities will include the review and due diligence of proposals as well as making recommendations on investments. Wise will also support early-stage spinouts alongside UM…
