TEDCO Happenings

Find out about recent developments and upcoming events of interest to our portfolio companies and your business.

In the Trenches with Dan Gincel/Maryland Stem Cell Research Fund

Dan Gincel, MSCRF's Executive Director and TEDCO's VP of University Partnerships, is featured in FITCI's In The Trenches video. 

TEDCO’s 2019 Entrepreneur Expo: October 29th

TEDCO’s 9th Annual Entrepreneur Expo will bring together all of Maryland’s entrepreneurial resources from across the state into one place, at one time.

You can expect to see 1,000+ of the region’s top entrepreneurs, small and large business executives, angel and venture capital investors, federal and state economic development officials, university leaders and legislators.

Machfu Awarded $1m Phase II Extension SBIR Grant From The Department Of Energy

Machfu, an industrial Internet of Things technology company, announced today that it has been awarded the Small Business Innovation Research(SBIR) Phase II extension grant for $1 million by the U.S. Department of Energy (DOE). 

Request For Proposals - Private Assets Secondary Sales & Advisory Services

The Maryland Technology Development Corporation (the “Corporation” or “TEDCO”) is distributing this Request for Proposals (“RFP”) to firms wishing to provide the Corporation with sales and advisory services related to the Corporation’s preparations for the sale of certain private assets (“TEDCO Assets”) on the secondary market.

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In the Trenches with Dan Gincel/Maryland Stem Cell Research Fund

Dan Gincel, MSCRF's Executive Director and TEDCO's VP of University Partnerships, is featured in
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Prof. Mathews Named Chair of Maryland Stem Cell Commission

Debra Mathews, Assistant Director for Science Programs and Associate Professor at the Johns Hopkins
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Maryland Stem Cell Research Commission Announces $1,351,400 Million in Stem Cell Program Awards

Maryland Stem Cell Research Commission Announces $1,351,400 Million in Stem Cell Program Awards
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MACHFU AWARDED $1M PHASE II EXTENSION SBIR GRANT FROM THE DEPARTMENT OF ENERGY

Machfu, an industrial Internet of Things technology company, announced today that it has been
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TEDCO Portfolio Company, Veralox Therapeutics Raises $5.4 Million in Seed Funding Co-Led by JDRF T1D Fund and Sanofi Ventures

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Frederick biotech Veralox Therapeutics raises $5.4 million seed round

Frederick biotechnology firm Veralox Therapeutics has raised a $5.4 million seed round of funding,
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MII Public Meeting Notice 9/13/19

* * PUBLIC MEETING NOTICE * * WHAT: The Maryland Technology Development Corporation (TEDCO) will
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NIH Awards Sonavex, Inc. $3 Million Grant to Pursue New Vascular Surgery Applications for EchoMark® & EchoSure®

Sonavex, Inc., a privately held medical device company focused on empowered patient care, announced
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MSCRF Public Meeting Notice 8-29-2019

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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Girl Scouts of Central Maryland CEO to Speak at TEDCO’s Entrepreneur Expo

Girl Scout Troops to Sell Cookies to Support Entrepreneurship Training COLUMBIA, Md. (August 29,
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Educational technology tool InferCabulary makes it easier for students to learn

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TEDCO awarded SBA FAST grant

The Maryland Technology Development Corporation (TEDCO) was awarded a grant of up to $125,000
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SBA Awards Grants to 24 Organizations to Support Small Business Innovation and R&D Commercialization

The U.S. Small Business Administration granted 24 awards up to $125,000 per recipient in FY 2019
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Maryland Innovation Initiative Public Meeting Notice

Public Meeting Notice WHAT: The Maryland Technology Development Corporation (TEDCO) will host a
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Protenus completes $17M Series C round, led by LTP with participation from Providence Ventures

Healthcare compliance analytics company Protenus today announced a $17M investment from some of the
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TEDCO Welcomes Jody Sprinkle as New Director of Government Relations

Sprinkle brings nearly 20 years of experience from the Maryland Legislative Services COLUMBIA, Md.
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NextStep, a TEDCO portfolio company, awarded NIH $1M cooperative agreement

NextStep Robotics, a University of Maryland, Baltimore start up tackling stroke rehabilitation,
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TEDCO hires first government relations director

Jody Sprinkle is tasked with strengthening relationships between state legislators and the Maryland
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TEDCO’s Maryland Innovation Initiative Fund Continues to Deliver Substantial Impact for Maryland Biohealth Companies

TEDCO's Maryland Innovation Initiative (MII), a program designed to propel research from partner
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TEDCO announces Entrepreneur Expo for Oct. 29

The Maryland Technology Development Corp. (TEDCO) announced the lunchtime keynote speaker for its
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TEDCO highlighted as an innovation best practices from around the U.S in the newly released The Brookings Institution report

Examining efforts by competitor states and national leaders
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A TEDCO Portfolio Company, InferCabulary, Joins Google for Education as a Build Partner

InferCabulary, a leader in providing visual vocabulary to support literacy in grades 1-12, announced
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New TEDCO Task Force Created to Improve Venture Capital and Support Opportunities for Women Entrepreneurs

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TEDCO elects four new board execs amid internal reorganization

Maryland Technology Development Corp. has elected four new executive officers to its board of
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Accomplished Women Entrepreneurs Take the Helm of TEDCO’s Board of Directors

COLUMBIA, Md. (August 14, 2019) – The Maryland Technology Development Corporation (TEDCO), Maryland
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Camber Creek On Board As Real Estate Tech Startup Curbio Raises Millions

Potomac startup Curbio Inc., which helps homeowners renovate their houses to get a higher price at
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MSCRF Public Meeting Notice 8-8-2019

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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TEDCO’s Task Force for Women Entrepreneurs

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology
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TEDCO Announces Entrepreneur Expo Keynotes Being Held on October 29

Marco A. Chacón, founder and former chairman of Paragon BioServices, and assistant vice president of
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RoosterBio Inc., a TEDCO portfolio company, raises $15M in Initial Series B Round

New Funding, Anticipated to Close at $22 Million, to Fuel Growth of its Regenerative Medicine MSC
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Airgility, a TEDCO portfolio company, in the news (Drone industry aims for takeoff in Maryland via The Daily Record)

In April a drone carried a kidney across Baltimore to the University of Maryland Medical Center,
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Lioness Magazine: TEDCO launches task force for women entrepreneurs

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology
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TEDCO announces task force on women’s entrepreneurship

TEDCO, the Maryland Technology Development Corporation, announced Wednesday the membership of a task
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TEDCO’s Task Force for Women Entrepreneurs

The Lineup of Participating Thought Leaders Announced COLUMBIA, Md. (July 24, 2019) – The Maryland
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How to Build a Leadership Team that Attracts Venture Capital

“According to Arti Santhanam, Executive Director at TEDCO’s Maryland Innovation Initiative, VCs want
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Longeviti Neuro Solutions, a TEDCO portfolio company, raised $9.6 million in a new round of funding

A local company developing medical devices for use in neurosurgeries has raised $9.6 million in a
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TEDCO's Maryland Innovation Initiative Public Meeting Notice 7-16-19

* * PUBLIC MEETING NOTICE * * TEDCO’s Maryland Innovation Initiative WHAT: The Maryland Technology
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TEDCO used $4.2 million to help commercialize university research last year

A TEDCO program designed to help universities turn research into commercial activity funded seven
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TEDCO’s Maryland Innovation Initiative Funds $4.22 Million For Start-Ups

TEDCO’s Maryland Innovation Initiative Funds $4.22 Million For Start-Ups Program accelerates
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Whitebox raises $5M for its e-commerce logistics platform

Whitebox, a startup that CEO Marcus Startzel said is working to “power the direct-to-consumer
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MSCRF Public Meeting Notice 7-1-2019

* * PUBLIC MEETING NOTICE * * Maryland Stem Cell Research Commission WHAT: The Maryland Stem Cell
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TEDCO Maryland Innovation Initiative awardee in the news

University of Maryland, College Park will work to create a universal flu vaccine, fueled by a new $3
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Congratulations, McKeever (Mac) Conwell,II! VC Unlocked Scholarship Recipient!

Cross Culture Scholarship: McKeever Conwell
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TEDCO portfolio company gel-e receives Breakthrough Device Designation from FDA

Accelerated regulatory pathway for first internal use product
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TEDCO to Host Entrepreneur Expo on October 29

Vensana Capital’s Justin Klein and AllegisCyber’s Bob Ackerman morning keynotes at the Expo COLUMBIA
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RoosterBio Inc. receives $300K grant from TEDCO's Maryland Stem Cell Research Fund to commercialize MSC-EV Technology

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TEDCO ANNOUNCES CEO GEORGE DAVIS IS COMPLETING HIS TENURE WITH GAINS FOR ENTREPRENEURS, LOCAL START-UPS, AND INVESTMENTS FOR MARYLAND

COLUMBIA, Md. (June 12, 2019) — The Maryland Technology Development Corporation (TEDCO), Maryland’s
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TEDCO portfolio, BurnAlong, in Forbes

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TEDCO's Maryland Innovation Initiative awardee, Natalia Trayanova, inducted into the WITI (Women in Technology International) Hall of Fame

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TEDCO Charts New Direction for Maryland Venture Fund

Jones Pursuing New Opportunities COLUMBIA, Md. (May 30, 2019)— The Maryland Technology Development
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