The Maryland Momentum Fund provides early investment in technology-based startup companies related to any of the 12 USM institutions; it was launched in 2017 by a $10M commitment from the USM. Momentum Fund investment helps companies bridge from early success to the next stage of growth, often a large investment, commercial launch, or commercial expansion; it generates economic impact by leveraging existing USM support for entrepreneurs, intellectual property, and innovation spaces.
“I am honored to be part of USM’s efforts to support the commercialization and growth of technology start-up businesses. The Maryland Momentum Fund provides companies the sustainable investment needed to move beyond early stage funding,” states Braue.
Braue brings to the board extensive experience representing private companies, venture capital investors and private equity funds in connection with mergers and acquisitions, private securities offerings and general corporate matters. Prior to forming Nemphos Braue, he worked at some of the largest corporate practice law firms in the world, leading transaction teams in complex, multibillion-dollar financing and acquisitions. His clients include manufacturing and industrial services companies, pharmaceutical and medical device businesses, telemedicine and high-tech telecommunications companies, real estate development firms, insurance entities and emerging food and beverage industries.