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Veterans’ Opportunity Fund
1
Veterans’ Opportunity Fund
2
TEDCO Grant Programs
• Technology Validation Program
• TechStart
• University Technology Development Fund
• Patent Assistance Program
• Maryland Innovation Initiative
• Rural Business Innovation Initiative
• Maryland Stem Cell Research Fund
• Pre-Clinical & Clinical Program
• Investigator Initiated Program
• Exploratory Research Program
• Post-Doctoral Fellowship Program
Veterans’ Opportunity Fund
3
TEDCO Funding Programs
Proof of Concept
Product Design
Tech Commercialization Fund – $75,000
Basic Research
Rural Business Innovation – $7500
University Laboratory Corporate Activity
Tech. Validation – $50,000
Stem Cell Research Fund $110K - $750M
Commercial Launch
F, F, F & F Seed, SBIR & TBED
MD Innovation Initiative – $200,000
TEDCO Affinity Funds – $500,000
Patent Support – $10,000
Grants, Corp. R&D Angels & Venture
Veterans’ Opportunity Fund
4
TEDCO Investment Programs
• Technology Commercialization Fund
• TEDCO Affinity Funds
– Propel Baltimore Fund
– Veterans’ Opportunity Fund
1
– Orange Knock Cyber Fund
1
– Chesapeake Crescent Fund1
1-Currently in formation stage
Veterans’ Opportunity Fund
5
Why a Veteran Fund
• First venture capital fund dedicated to veterans
• Over 20 million veterans of the United States Armed Forces
• Military is reducing its size
• Service in America’s Armed Forces is a leading indicator of
future success
Veterans’ Opportunity Fund
6
Veterans’ Opportunity Fund
VOF invests in businesses that are owned by
veterans of the U.S. Armed Forces
• Initial fund size: $35 million
• Initial portfolio investment: $1.0 + million
• Industry focus: Technology, business services,
specialized manufacturing and healthcare
• Differentiation: Veteran focus
• Partners: Gino Dellarocco, Stuart Sutley, Chris College,
Rob Rosenbaum, Randy Domolky
Veterans’ Opportunity Fund
7
Investment Thesis
• Service in America’s Armed Forces is a leading indicator
of future success
• The Veteran business network is a powerful way to
accelerate growth
• A fund which is solely focused on veterans will benefit
from focus, brand recognition and critical mass
• No competition: traditional organizations working with
veterans are training and/or mentorship oriented, not
focused on providing investment dollars

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Veterans Initiative Panel: Veterans Opportunity Fund

  • 2. Veterans’ Opportunity Fund 2 TEDCO Grant Programs • Technology Validation Program • TechStart • University Technology Development Fund • Patent Assistance Program • Maryland Innovation Initiative • Rural Business Innovation Initiative • Maryland Stem Cell Research Fund • Pre-Clinical & Clinical Program • Investigator Initiated Program • Exploratory Research Program • Post-Doctoral Fellowship Program
  • 3. Veterans’ Opportunity Fund 3 TEDCO Funding Programs Proof of Concept Product Design Tech Commercialization Fund – $75,000 Basic Research Rural Business Innovation – $7500 University Laboratory Corporate Activity Tech. Validation – $50,000 Stem Cell Research Fund $110K - $750M Commercial Launch F, F, F & F Seed, SBIR & TBED MD Innovation Initiative – $200,000 TEDCO Affinity Funds – $500,000 Patent Support – $10,000 Grants, Corp. R&D Angels & Venture
  • 4. Veterans’ Opportunity Fund 4 TEDCO Investment Programs • Technology Commercialization Fund • TEDCO Affinity Funds – Propel Baltimore Fund – Veterans’ Opportunity Fund 1 – Orange Knock Cyber Fund 1 – Chesapeake Crescent Fund1 1-Currently in formation stage
  • 5. Veterans’ Opportunity Fund 5 Why a Veteran Fund • First venture capital fund dedicated to veterans • Over 20 million veterans of the United States Armed Forces • Military is reducing its size • Service in America’s Armed Forces is a leading indicator of future success
  • 6. Veterans’ Opportunity Fund 6 Veterans’ Opportunity Fund VOF invests in businesses that are owned by veterans of the U.S. Armed Forces • Initial fund size: $35 million • Initial portfolio investment: $1.0 + million • Industry focus: Technology, business services, specialized manufacturing and healthcare • Differentiation: Veteran focus • Partners: Gino Dellarocco, Stuart Sutley, Chris College, Rob Rosenbaum, Randy Domolky
  • 7. Veterans’ Opportunity Fund 7 Investment Thesis • Service in America’s Armed Forces is a leading indicator of future success • The Veteran business network is a powerful way to accelerate growth • A fund which is solely focused on veterans will benefit from focus, brand recognition and critical mass • No competition: traditional organizations working with veterans are training and/or mentorship oriented, not focused on providing investment dollars