The Verte Opportunity Zone Fund, Inc (of College Park, MD) has made an investment in the MDC Studio-Baltimore. The Studio was recently formed by the MDC Partnership as a platform for expansion and investment. The Studio houses all of MDC’s current companies.
The MDC-Verte Impact Fund, a joint initiative between the MDC-Studio (of Baltimore, MD) and the Verte OZ Fund, Inc (of College Park, MD), will focus on providing capital to support innovation in the earliest stages of development. Capital in the early stages from Friends and Family through Seed is often a limiting factor in launching a medtech startup due to the resource-intensive nature of deep-tech innovation. The MDC-Verte Impact Fund focuses on the early stages to bridge the gap between idea and traditional VC funding.