M

Maryland Department of Commerce

10 employees

​MSBDFA promotes the viability and expansion of businesses owned by economically and socially disadvantaged entrepreneurs.

Investor insights

Sectors invested in

Health Care3
Food and Beverage2
Biotechnology2
Value-based Care2
Telecommunications2
Complex patients with multiple comorbid conditions2
Chronic Care Management (CCM) using Telehealth2
Bakery1
WFH1
Inspiration1
Social impact1
Textiles1
Comfort1
Athleisure wear1
Fashion1
Style1
Machinery Manufacturing1
Mechanical Engineering1
Manufacturing1
Restaurants1

Funding rounds participated in

$312K sweet spot round size

Most of their 10 investments are in rounds between $250K and $450K

Investor type

Private Equity Firm

Basic info

Industry

government administration

Sectors

Financial Services

Date founded

1978

Investments made

F

Fearless Sports raised $17M on August 21, 2023

Investors: Maryland Department of Commerce

-

- raised $290K on January 31, 2019

Investors: Maryland Department of Commerce

P

Precise Telehealth, Inc. raised $250K on November 22, 2018

Investors: Maryland Department of Commerce

F

FlightFab raised $800K on November 22, 2018

Investors: Maryland Department of Commerce

D

DC Sweet Potato Cake raised $369K on November 22, 2018

Investors: Maryland Department of Commerce

P

Precise Telehealth, Inc. raised $200K on November 22, 2018

Investors: Maryland Department of Commerce

P

Physical & Sports Rehab, Inc. raised $324K on November 22, 2018

Investors: Maryland Department of Commerce

L

Log Cabin Chocolates raised $300K on November 22, 2018

Investors: Maryland Department of Commerce

J

JesseJay-s raised $450K on November 22, 2018

Investors: Maryland Department of Commerce

T

The C2 Contracting Company raised $200K on November 22, 2018

Investors: Maryland Department of Commerce

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