Governor Moore and TEDCO Announce $50 Million Taiwanese Investment and New Global Partnerships to Grow Maryland’s Innovation Economy
ANNAPOLIS, MD — Governor Wes Moore, the Maryland Technology Development Corporation, APAC Investment and Innovation Development Association Taiwan, and SangFroid International Capital today announced an agreement to unlock up to $50 million in co-investments into Maryland’s innovation economy. The agreement is one of four developing international collaborations featured during TEDCO’s annual entrepreneur expo, where the governor highlighted the Moore-Miller Administration’s work to invest in the state’s lighthouse industries and expand international economic engagement.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
Tammi Thomas, President, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com