Leading Innovation to Market. TEDCO provides funding, resources and connections that early-stage technology and life sciences companies need to thrive in Maryland.

Sections

Annual Reports, Policies & Studies  •  Boards, Commissions, and Authorities  •  Government Relations  •  TEDCO Regulations  •  Marketing & Communications  •  OLA Fraud Hotline

 


Mission

TEDCO Leading Innovation to Market VideoEnhance economic development by fostering an inclusive and entrepreneurial innovation ecosystem. Identify, invest in, and help grow technology companies in Maryland.

Vision

TEDCO will be the recognized national leader for supporting translational research, and technology-based, economic and entrepreneurial development while being the hub of Maryland’s innovation ecosystem.

Core Values

Our core values unite us and guide our efforts and interactions with people inside and outside of TEDCO. They are critical in TEDCO’s commitment to excellence in carrying out its mission and serving its stakeholders:

Accountability
Accountability

We take responsibility for our actions and for adherence to our mission, and we ensure that this responsibility is ingrained throughout the organization. We measure our activities and report our outcomes to our stakeholders. We do the right thing.

Collaboration
Collaboration

We focus on building trust and credibility across the organization and with all people across the state. We are transparent in the exchange of ideas and our encouragement of one another. We value teamwork in our pursuit of supporting innovation and entrepreneurial excellence.

Integrity
Integrity

We provide the best quality service to all stakeholders and strive to exceed expectations. We pursue innovation and entrepreneurial success with the highest regard for moral, ethical and inclusion standards. We stand by what we say and what we do, and we always act in an honest and open way.

Respect
Respect

We uphold a culture of respect at work, within our communities, and nationally. We embrace diversity, equity and inclusion while also valuing our employees for their individuality and the unique perspectives that they bring to the organization.

Stewardship
Stewardship

We take seriously our responsibility to manage scarce resources and to serve as stewards of State, Federal, and private funds. We value our ability to create a sense of belonging and to serve our customers in an efficient and fiscally responsible manner. We encourage and empower TEDCO’s staff to act in accordance with our culture.

 

TEDCO Core Values - Stewardship, Integrity, Accountability, Collaboration, Respect

View Our Core Values Video

About TEDCO 

TEDCO (Maryland Technology Development Corporation) is an independent instrumentality of the State of Maryland, established by the Maryland General Assembly in 1998, to facilitate the creation of businesses and support their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for early-stage, technology-based businesses; to provide other business assistance to entrepreneurs throughout the State; and to foster technology transfer and commercialization from the State’s universities and Federal labs. TEDCO is leading innovation to market in Maryland and contributing to a robust entrepreneurial ecosystem in the State through its various programs and funds.

 


TEDCO Face Sheet

TEDCO Fact Sheet (Spanish)


 

Recent TEDCO news

Starting a health technology company in Baltimore? Here are 43 resources to know

From universities to VCs, Baltimore has a growing number of orgs working to build networks and grow companies in digital health, medical devices and life sciences.
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RealLIST Startups check-in: 14 promising Baltimore startups on 2021 goals and progress

In January, we named a collection of local startups to our annual list of most promising young companies. Here's how their year has gone.
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New Consortium to Grow Maryland’s Blue Tech Industry

TEDCO, Maryland’s economic engine for technology companies, announced today its collaboration with various Maryland partners in creating the BlueTechMD Consortium. The goal of BlueTechMD, comprised of for-profits, universities, and non-profits, is to attract more of the myriad of climate tech
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Tech deal roundup: DataTribe will dole out $2M, Sourcefire founder joins Annapolis cyber firm, and TEDCO News

Maryland Technology Development Corp. (TEDCO), received $125,000 from the U.S. Small Business Administration under the Federal and State Technology (FAST) Partnership Program, which funds efforts to increase participation of women-owned, rural and small disadvantaged businesses in Small Business
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Impact on the State and Beyond

TEDCO is the hub of Maryland’s entrepreneurial ecosystem. Whether your start up needs mentors, funding, organizational assistance, or facilities for daily operations, your roadmap to success starts at TEDCO. Here are a few highlights from our portfolio:

over$1.6B

in Economic Impact
since 1998

 

more than400

Seed investments since 1998

more than7,800

Jobs created at an average salary of $74,700