CHESAPEAKE EMERGING OPPORTUNITIES CLUB

Chesapeake Emerging Opportunities Club, LLC, is no longer investing. It is a venture capital firm specializing in angel, early-stage, and mezzanine investments. The firm seeks to invest in companies that are located within a two-hour drive of Columbia, Maryland. It typically invests in between $0.15 million and $2 million in its portfolio companies. The firm may co-invest with established venture capital firms, other angel investing clubs, and other sources of capital and may act as a lead-investor at other times. The firm prefers to invest in preferred stock or convertible debt and equity-enhanced subordinated debt. It may provide follow-on investments. Chesapeake Emerging Opportunities Club, LLC, is based in Columbia, Maryland.