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TEDCO Announces 2026 Concept Capital Pitch Competition Winner

TEDCO announced Stemora as the winner of its 2026 Concept Capital Pitch Competition, held during the Entrepreneur Expo on October 27. Founded by Srujana Cherukuri, Stemora received an additional $25,000 to support its development of regenerative therapies for cartilage damage and osteoarthritis. The company competed against eight other early-stage startups for the funding opportunity. The competition highlights TEDCO’s commitment to supporting Maryland entrepreneurs through early-stage funding, mentorship, and networking opportunities.

Posted November 3, 2026

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