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 & Authorities  •  Government Relations  •  TEDCO Regulations  •  Marketing & Communications  •  Core Values  •  OLA Fraud Hotline

 


Mission

TEDCO Leading Innovation to Market VideoEnhance economic empowerment 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
Core Values Fact Sheet

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 Overview (Spanish)


TEDCO Face Sheet

TEDCO Face Sheet


 

Recent TEDCO news

Maryland Companies Show Advantage of State for Business Growth with Latest News

The Maryland Marketing Partnership, created by Governor Larry Hogan in 2016 to help drive Maryland’s branding and marketing efforts to attract businesses, create jobs, and grow the state’s economy, today shared a summary of the latest news from companies and organizations that are part of the
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TEDCO’s YouTube series is entering its second year. Watch these 5 key episodes from its first

"TEDCO Talks" features CEO Troy LeMaile-Stovall's conversations on entrepreneurship and STEM support with leaders from Maryland's various economic sectors.
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TEDCO to Receive up to $50 Million from State Small Business Credit Initiative

TEDCO, Maryland’s economic engine for technology companies, announced today it will receive up to $50 million from Governor Hogan’s small business relief plan that was approved for funding from the United States Treasury Department’s State Small Business Credit Initiative. TEDCO will allocate the
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Committing to DEI: 7 stages to delivering higher performance

Studies have found that companies with a commitment to diversity, equity and inclusion (DEI) across the enterprise are more successful than those without. Why is there still a question regarding the value of DEI? If the goal of business is to perform, i.e., generate more revenue, raise share price
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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$2.3B

in Economic Impact
since 1998

 

over$100M

generated in State and local tax revenue annually

more than10,400

Jobs created in Maryland