After seeing the strength of the six finalist projects and evaluating each of the teams’ proposals, TEDCO board members decided to up their $300,000 offer, and fund every one of them.
Expo will bring together startup to seasoned entrepreneurs from across Maryland for a full-day conference to promote the State’s innovation economy; Forcepoint’s Guy Filippelli and Terra’s Kitchen Mike McDevitt, will serve as the keynote speakers.
Six companies, from medical technology to food service, will be vying for a $25,000 grand prize at this year's Beta City live Venture Capital Pitch Day competition.
McKeever “Mac” Conwell spent about six years working on two separate startups. He has built technologies, assembled staffs, gone through multiple accelerator programs and experienced the struggles of seeking funding and being in charge.
Last month, Baltimore cybersecurity analytics startup RedOwl announced it had been acquired by cybersecurity firm Forcepoint, a subsidiary of Raytheon. For the most part, the acquisition was a validation for both RedOwl and the Baltimore tech community in general.
With much of the focus on Maryland’s tech startup community centered on Baltimore and the I-270 corridor, the Maryland Technology Development Corporation (TEDCO) has developed a mentorship program to help give companies in the state’s rural areas the same access to opportunity.
The Innovation Center was launched in 2016 through collaboration with the Dorchester County Economic Development, the Maryland Department of Commerce, and the Technology Development Corporation (TEDCO).
George Davis, CEO of Maryland Technology Development Corp., said having the state and federal governments as active partners in the tech community is also a strategic advantage for Maryland.
“I’m pleased to serve as the Chair of TEDCO’s trailblazing board of directors,” said Frances Smyth, chief executive officer of Century Engineering. “I have tremendous respect for Chuck, Paul, Matthew and the other board members, and I look forward to working with them.
With a learning platform and medical education videos, the startup is looking to provide education for students and health professionals. TEDCO recently made a $100,000 seed investment.
For almost twenty years, the Maryland Technology Development Corporation, otherwise known as TEDCO, has been the state’s s lead source for business assistance and seed funding for the development of startup companies.
The Daily Record has announced its 2017 Innovators of the Year, 26 individuals and companies who have created new products, services or programs that have had a positive effect on business, industry or the community.
