News Archive

The North American Wave Engine Corporation (“Wave Engine Corp.”), a leader in affordable next-gen propulsion technology and aerial systems, has demonstrated complete flight capability on a UAV using a jet engine that requires no moving parts.

LeMaile-Stovall and Secretary Anderson discuss the Baltimore Tech Hub and Maryland’s growth TEDCO, Maryland’s economic engine for technology companies, released another episode of TEDCO Talks. Throughout this insightful series, TEDCO CEO, Troy LeMaile-Stovall, connects with thought leaders

Maryland thought leaders support the diversification of Maryland’s workforce TEDCO, Maryland’s economic engine for technology companies, recently announced the newly appointed Equitech Growth Commission, that manages the Cultivate Maryland initiative.

VirgilHR is a powerful all-in-one solution that helps HR professionals and business decisionmakers stay up-to-date and compliant with ever changing employment and labor laws in the United States. VirgilHR helps HR professionals navigate the complexities of employment and labor law, close the

Learn about resources available for entrepreneurs and the benefits of partnering with local groups.

Eight years have moved by quickly for STEER Tech CEO Anuja Sonalker, not just in the growth and success of her autonomous vehicle company but in cities and states embracing the industry as a catalyst for growth in infrastructure.

TEDCO, Maryland’s economic engine for technology companies, announced a recent $400,000 investment into Linshom Medical, a medical device company developing an innovative wearable sensor technology to support patient respiratory monitoring. This recent investment came in two parts – $250,000 from

Dr. Elizabeth Clayborne is beating the odds. Since she started fundraising in 2021, Clayborne said she’s raised $3.25 million for her medical device company, NasaClip. As a biracial Black woman, the numbers aren’t necessarily always on Clayborne’s side — in 2021, startups founded by Black women

“Edtech” stands for “educational technology,” or the technology used to supplement the learning experience for both teachers and students alike. As the market grows, so too does the urgency to innovate and keep up with the need. That’s where venture capital firms can come in handy for edtech

Troy LeMaile-Stovall, MS, MBA, has been appointed to the University of Maryland School of Medicine (UMSOM) Board of Visitors. He is the CEO of TEDCO, Maryland’s economic engine for technology-based start-up companies. In addition to his expertise in entrepreneurial innovation, LeMaile-Stovall brings

Minnowtech, a Baltimore-based aquaculture technology company, announced today that it closed a Series A funding round led by the Propel Baltimore Fund, with participation from the University System of Maryland (USM) Momentum Fund (Momentum Fund), Abell Foundation, and TEDCO Seed Funds.

Leadership Maryland announced that Terry Rauh, Chief Finance and Operations Officer at TEDCO, has been chosen to participate in the professional development program as a member of the Class of 2024.

"The most recent study reinforces TEDCO's impact on the Maryland innovation ecosystem," said Troy LeMaile-Stovall, TEDCO CEO. "As one of the top five Small State Business Credit Initiative investors in the country, according to the U.S Department of the Treasury, we are pleased to say that our

Conducted by the University of Baltimore’s Jacob France Institute, the study found that TEDCO continues to be a significant economic driving force in Maryland creating nearly $2.7 billion in statewide economic activity as of 2023. TEDCO has invested in or supported the growth of a portfolio of 442

TEDCO and OST Global Solutions rolled out the red carpet to celebrate the fifth anniversary of the SBIR/STTR Proposal Lab program and honor the journeys of the participants who’ve conquered the program.