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Chesapeake Crescent Initiative

WASHINGTON, DC -- (Marketwire) -- 12/03/12 -- A new $50 million investment fund will provide seed capital to launch new businesses that use technologies from government and university research labs in the Maryland, Virginia, Delaware and the District of Columbia. The Chesapeake Regional Innovation Fund will provide seed capital for startups and emerging technology companies focused on innovations in energy, life sciences and security. The first investments are anticipated for later in 2013.

To read the original article: Chesapeake Crescent Initiative and TEDCO Forming Regional Innovation Fund for Start-Ups | SYS-CON MEDIA