What stage does Conscious Venture Lab invest at?

Conscious Venture Lab invests at the Pre-Seed, Seed stages.

What sectors does Conscious Venture Lab focus on?

Conscious Venture Lab focuses on Impact & Social Good, Sector Agnostic.

Where is Conscious Venture Lab located?

Conscious Venture Lab is headquartered in Baltimore, US.

Does Conscious Venture Lab lead rounds?

Conscious Venture Lab typically participates in rounds rather than leading them.

Conscious Venture Lab

Accelerator

Baltimore · Pre-Seed–Seed · 3 people tracked

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✨ Fox Verdict

Investment thesis

Building on a decade of work through the Conscious Venture Lab, the organization trains under-estimated and early-stage founders operating at the intersection of profit and purpose. Its accelerator curriculum, developed with Raj Sisodia and UVA Darden's Ed Freeman, is grounded in Stakeholder Theory and Conscious Capitalism, teaching founders that managing a business for all stakeholders creates both societal and financial value. It emphasizes economic empowerment in historically neglected communities, immersive founder support, and a belief that diversity is a competitive advantage and that investing in people can revitalize communities long excluded from traditional venture ecosystems.

Invests inImpact & Social GoodSector AgnosticBaltimore United States

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Seed

Baltimore, US

Leads rounds

Follows

Founded

2013

Portfolio companies

Team · 3 people

from the firm's website

Gillian Krug· Program Manager· Baltimore, Maryland, United Statesin

Gillian Krug is a Program Manager at Novella Center for Entrepreneurship with three years of digital marketing experience. Her background spans growth marketing, customer support, and project management.

Jaime Coleman· Managing Director of Trenton· Trenton, New Jersey, United Statesin

Jaime Coleman is Managing Director at Novella Center for Entrepreneurship and leads Conscious Venture Lab in Trenton. Previously serving as a senior organizational strategist for the City of Concord, Coleman integrated initiatives across 1,200 employees and supported disadvantaged, veteran, and women-owned businesses through certification programs, earning the 2024 Charlotte Region Emerging Leader in Government award. Coleman holds an MBA from Georgetown University's McDonough School of Business, a Master of Arts from NYU, and a Bachelor of Arts from Rutgers University, with certifications in Strategic Management and Women's Entrepreneurship.

Jeffrey Cherry· Managing Partner· Baltimore, Maryland, United Statesin

Founder of Novella Center and the Conscious Venture Lab. A serial entrepreneur, management consultant, tech executive and investor with over 37 years of experience, he has started seven companies with three exits, was an Inc. 500 CEO in 1997, and founded the first public equity fund focused on stakeholder-oriented companies.

Portfolio companies · 1 tracked

alumni founders can tell you what the program is really like

Outlook Enterprises, LLCFeb 2022SEC filingmedium confidence

Baltimore, US

Trevor Pryce(Chief Executive Officer and Member of the Board of Managers)

BoardJeff Cherry(Member of the Board of Managers)inCynthia Gula(Member of the Board of Managers)Leisa McSpadden(Member of the Board of Managers)Del McSpadden(Member of the Board of Managers)Sonya Pryce(Member of the Board of Managers)

Board seatJeffrey Cherry· per SEC Form D · $6M raise · filed Feb 2022

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Conscious Venture Lab invest at?: Conscious Venture Lab invests at the Pre-Seed, Seed stages.
What sectors does Conscious Venture Lab focus on?: Conscious Venture Lab focuses on Impact & Social Good, Sector Agnostic.
Where is Conscious Venture Lab located?: Conscious Venture Lab is headquartered in Baltimore, US.
Does Conscious Venture Lab lead rounds?: Conscious Venture Lab typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

TEDCO Talks Ep 28: Troy LeMaile-Stovall with Jeff Cherry, Conscious Venture Lab

TEDCO · Jeff Cherry

CEO Lecture Series webinar with Jeff Cherry, Executive Director of Conscious Venture Lab

Busch School of Business at Catholic University · Jeff Cherry

Conscious Capitalism with Jeff Cherry, Founder of Shift Ventures and the Conscious Venture Lab

Startup Grind Local · Jeff Cherry

Jeff Cherry, Conscious Venture Lab | A cornerstone of Port Covington is Impact Village, which provides complimentary office space to nonprofits and startups whose mission focus on bettering... | By Baltimore Peninsula

Jeff Cherry · facebook.com

Images

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