Leading Innovation to Market. TEDCO provides Maryland entrepreneur 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

 


Mission 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 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 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 our customers. 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 our customers and strive to exceed expectations. We pursue innovation and entrepreneurial success with the highest regard for moral and ethical 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 and value 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 carry out our mission 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 22 Year Anniversary and History VideoTEDCO (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 22 Year Anniversary Video


 

Recent TEDCO news

Veralox Therapeutics Announces IND Submission for VLX-1005 to Treat Heparin-Inducted Thrombocytopenia

Veralox Therapeutics, a biotechnology company developing first-in-class small molecule therapeutics
LEARN MORE

TEDCO will provide $5M in COVID-19 aid for Maryland tech businesses

The agency is administering a state relief fund for entrepreneurs who are disadvantaged, or based in
LEARN MORE

TEDCO ranked #1 for Venture Capital Firms in the 2019 Baltimore Business Journal Book of Lists

LEARN MORE

TEDCO CEO Troy LeMaile-Stovall Interviews Michele Whelley from the Economic Alliance of Greater Baltimore

TEDCO Talks: A new virtual series featuring thought leaders in economic development from across the
LEARN MORE

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