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NBMBAA Greater Maryland Announces Partnership with Greenspring Associates

NBMBAA Greater Maryland Chapter is pleased to announce our new partnership with Greenspring Associates, a global venture capital platform based in the Baltimore area. With the partnership, Greenspring will be recognized as a Founding Partner, and will engage in a number of local events to support NBMBAA’s mission and build awareness of venture capital careers in the Baltimore, MD area.

“A lifelong Marylander myself, I am thrilled that the NBMBAA has chosen Greenspring Associates as a Founding Partner at the state chapter level. As one of the larger providers of institutional capital to the venture capital ecosystem, we believe in the transformative, positive impact of our industry and are excited to leverage our human capital and unique resources to create educational, wealth building and growth opportunities for Black students, professionals, and entrepreneurs in our community,” said co-Founder and Managing General Partner Ashton Newhall.

Erica Roberts, Interim President of the NBMBAA Greater Maryland Chapter, noted that “Greenspring Associate’s strong values, investment in community, and commitment to making an impact aligns with the vision of the new chapter. We look forward to working collaboratively to positively influence Maryland business-owners, students, and residents.”

About Greenspring Associates

Greenspring Associates was founded in 2000 to focus solely on venture capital investments. Through a comprehensive platform, the Firm serves as a lifecycle partner for fund managers and entrepreneurs, investing across multiple stages, sectors, and geographies. Greenspring Associates currently has over 125 employees exclusively focused on the venture asset class and manages over $12 billion in committed capital across a variety of specialized venture strategies on behalf of a diverse group of global investors. For more information on Greenspring Associates, please visit its website at


NBMBAA® is a non-profit, 501(c)(3) professional member-based organization which leads in the creation of educational, wealth building and growth opportunities for black professionals. Representing more than 16,000 members within 40 professional chapters, 33 Leaders of Tomorrow® chapters and over 280 corporate and university partners, the organization is dedicated to developing partnerships that create intellectual and economic wealth in the Black community through its five channels of engagement: career, education, entrepreneurship, leadership, and lifestyle. Learn more about NBMBAA at

About NBMBAA Greater Maryland

NBMBAA Greater Maryland was approved as an Interim Chapter of NBMBAA in October 2020 and was created to serve the needs of membership in the state of Maryland. Our mission and vision is consistent with that of the national organization and we support national partners that want to engage with the organization in the state of Maryland. NBMBAA Greater Maryland has a leadership team with more than 60 years of NBMBAA membership experience, and approximately 45 years of NBMBAA chapter leadership.

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