News Archive

Prince George's County, Maryland based Medcura’s is pioneering a proprietary biosurgical technology that has repeatedly demonstrated the rapid arrest of difficult-to-control surgical bleeding. With help from TEDCO, a Maryland based venture capital leader, Medcura is working to become the next

Employment and labor law compliance technology company VirgilHR announced the closing of $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars, SHRMLabs, and TEDCO.

Total of 24 Maryland companies to receive expert advice and proposal support TEDCO, Maryland's economic engine for technology companies, announced the selection of 24 Maryland companies to participate in the FY2023 FAST SBIR/STTR Proposal Lab cohort. This program, now in its fifth year, supports

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, housed in 12 federal agencies and coordinated by the U.S. Small Business Administration, are the Nation's largest source of non-dilutive government early stage/high-risk funding for startups and

"TEDCO is dedicated to supporting innovators throughout Maryland. As such, we continue to look for new ways to improve their chances of success—that's what our Proposal Lab is for," said TEDCO CEO Troy LeMaile-Stovall. "Through this program, TEDCO can work to increase the chance Maryland companies'

Total of 24 Maryland companies to receive expert advice and proposal support This program, now in its fifth year, supports companies in the cohort, allowing them to work closely with TEDCO experts on preparing polished proposals for up to $275,000 in federal awards through the SBIR/STTR Phase 1

Recommendations include funding an Equitech Growth Fund and the establishment of an innovation-focused commission

My calling is to address the veteran health crisis, the visible and invisible wounds of our service members that go unnoticed, and to build a team whose passions in health equity align with my own.

The Maryland Technology Development Corp. (TEDCO) announced Wednesday a new collaboration between TEDCO’s Maryland Innovation Initiative (MII) and The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF). The MII Pop-up Event will take place Feb. 8 at HJF’s home office in

Rich Loeffler, a business consultant with the Maryland Small Business Development Center (SBDC), will be the featured speaker at the Talbot County Business Resource Fair Jan. 21 from 10 a.m. to noon at the Building African American Minds Athletic Center in Easton. Loeffler, who was part-owner of a

TEDCO, Maryland’s economic engine for technology companies, announced today its Venture Funds invested $750,000 in Neighborhood Sun, a tech-enabled community solar company increasing access to renewable energy solutions. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next

Using a “fireside chat” format, Troy LeMaile-Stovall engages guests in thought-provoking conversations about the future of Maryland’s innovation ecosystem. This format allows for a full range of topics, including information about diversity inclusion, funding programs and benefits, and advice to

Learn more about MII's Griffin St. Louis here.

As Maryland continues to blossom as a medtech powerhouse, TEDCO has played an instrumental role in providing capital, resources and mentorship. This was especially true in Q4 2022, where TEDCO invested over $1 million combined into LASARRUS, Linshom Medical, NanoBioFAB, CoolTech and Mi-Helper.

One of the healthcare problems that has accelerated due to COVID has been bacterial infections that are increasingly resistant to antibiotics – local startup Adaptive Phage Therapeutics (APT) is working to address this crisis. APT is a clinical-stage company founded with help from TEDCO, a Maryland