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 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

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

Baltimore Tech Roundup: TEDCO investments, a virtual museum and accelerator news

TEDCO announced it has invested $1.8 million in 12 startup companies. Six were spun out of Johns Hopkins University, and two apiece from University of Maryland, Baltimore; University of Maryland, College Park; and University of Maryland, Baltimore County. TEDCO also invested more than $4.4 million
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TEDCO’s Maryland Innovation Initiative Advances Innovative Technologies From Lab to Market

TEDCO, Maryland’s economic engine for technology companies, announced its recent round of funding, including investments in 12 start-up companies and funding to 36 university projects through the Maryland Innovation Initiative (MII).
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TEDCO’s Maryland Innovation Initiative Advances Innovative Technologies From Lab to Market

$1.8M invested in 12 companies and over $4.4M awarded to 36 project grants
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TEDCO Generates $2.3 Billion in Economic Benefits to the State of Maryland and Supports 10,433 Maryland Jobs

According to a new independent study conducted by the The University of Baltimore Jacob France Institute, Maryland Technology Development Corporation - TEDCO, Maryland’s economic engine for tech companies, has generated more than $2.3B in economic benefits to the Region and state.
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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