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


Enhance economic development growth through the fostering of an inclusive entrepreneurial and innovation ecosystem. Discover, invest in, and help build great Maryland based technology companies.


TEDCO will be the recognized leader for supporting entrepreneurial and innovation development while being the critical central hub of Maryland’s Innovation Ecosystem.

This will be accomplished by administering an integrated platform of success-based programs that support advanced technology development and commercialization from research stages through company formations and growth.

We will collaborate with best-in-class partners and be inclusive of minorities, women and veterans.

We will establish and maintain an investment philosophy that supports both economic development goals and meaningful returns for our stakeholders, and we will help build great Maryland-based companies that grow and last. 


Goal Oriented

We set challenging goals, and strive to achieve them.


Collaboration allows us to accomplish more than we could individually, across programs, helping us provide more innovative solutions and positive results for our customers.

Execution Focused

We do what we say we are going to do, and we move with a sense of urgency.


We don’t wait for things to happen, we make them happen.  We get out into the market every day seeking opportunities.


We hold ourselves personally accountable for our actions, our commitments and our results. And if we see a challenge or problem, we fix it.  Performance measurement to Metrics keeps us honest here.


We always act with honesty and truthfulness (even if it’s a difficult message that people do not want to hear), and we never compromise on our values.


Customer Satisfaction

The entrepreneur is our customer.  We strive tirelessly to understand the needs of our customers, and deliver solutions that consistently exceed their expectations.



Annual Reports

2016 Annual Report

2015 Annual Report

2014 Annual Report

2013 Annual Report

2012 Annual Report

TEDCO Policies

TEDCO Spin Out Policy

TEDCO Policy of Conflict of Interest of Reviewers

TEDCO Principal Place of Business Policy

TEDCO Point of Contact for Public Information Act requests - Timothy Copney tcopney@tedco.md

TEDCO Impact Study

TEDCO 2013 Impact Study - Executive Summary

TEDCO 2013 Economic Impact Study

Recent TEDCO news

Topbox raised $5M for its customer experience analytics service

Today, the company announced it has raised a $5 million funding round led by Telescope Partners,

In the Trenches John Wasilisin, TEDCO

TEDCO's John Wasilisin shares great information for early-stage technology and life sciences

Maryland Loves Its Start-Ups

When it comes to the need for technological innovation, Maryland has been putting its money where

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:


Deployed for innovation since 1998

more than400

Seed investments since 1998

more than4,350

Jobs created at an average salary of $74,700