Maryland’s incubation network has helped foster several multi-million dollar companies that continue to operate in Maryland and support local jobs.
The Maryland Business Innovation Association (MBIA) was founded in 2002 to advance business incubation in Maryland. Representing 25 organizations, MBIA supports approximately 550 companies across the state in both urban and rural areas. Since its inception, our member companies have generated nearly 12,000 jobs, making it equivalent to one of the state’s largest employers. TEDCO partners with MBIA to reach entrepreneurs across the state and connect them with the right resources.