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Maryland Aims to Lead the Nation in Federal Research Commercialization with Newly Funded Program

TEDCO, the Maryland Technology Development Corporation, has introduced the Federal Lab Leveraging Innovation to Products (FLLIP) Pilot Program to bridge this gap. Announced recently, the FLLIP Pilot Program, a collaborative effort between TEDCO and the Frederick Innovation Technology Center, Inc. (FITCI), aims to develop strategies that will better connect small businesses with federal labs, particularly focusing on Socially and Economically Disadvantaged Individual (SEDI) businesses in Maryland. The initiative is supported by $1,150,000 in federal funding and was the centerpiece of a roundtable discussion at TEDCO’s new headquarters in Downtown Columbia, attended by U.S. Senators Ben Cardin and Chris Van Hollen and Congressman John Sarbanes.

Posted July 15, 2024

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.

Media Contacts

Tammi Thomas, President, TEDCO, tthomas@tedcomd.com

Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com