Maryland ranks No. 2 in nation for successful minority entrepreneurs, study says
For example, 56% of all investments in the last three years have gone to minority founders, according to TEDCO, a Columbia-based, Black-led company whose mission is to “identify, invest in, and help grow technology companies in Maryland”
“The national average is between 2% to 10%, [meaning] we are at least five times the national average,” according to Jack Miner, TEDCO’s Chief Investment Officer.
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