CoapTech LLC Awarded $1.2M Grant from National Institutes of Health to Support Clinical Evaluation and Training for Novel PUMA-G Device

BALTIMORE, Md., Oct. 21, 2019 (GLOBE NEWSWIRE) -- CoapTech LLC announced today that the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) within the National Institutes of Health (NIH) awarded the company a two-year, $1.2M R44 Small Business Innovation Research (SBIR) Phase II
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TEDCO and GovCon Incubator Win a Second Consecutive U.S. SBA Grant to Train Small Businesses in a New FY2020 SBIR/STTR Proposal Lab

OST Global Solutions’ GovCon Incubator, a woman-owned small business, will train 20 additional Maryland small businesses on how to win government seed fund capital. The U.S. Small Business Administration (SBA) Federal and State Technology (FAST) grant was awarded to Maryland’s Technology Development
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TEDCO Portfolio Company, MF Fire, Scores $2M in DOE Grants

MF Fire has been transforming wood heat into clean, renewable energy, and eliminating particulate matter from wood fires since 2014. Today, MF Fire announced it received two (2) Department of Energy grants from the Office of Energy Efficiency and Renewable Energy totaling $2 million to aggressively
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TEDCO Portfolio Company, Renalert, wins $25K Beta City Prize

A Baltimore medical device firm that aims to prevent kidney injury was awarded the $25,000 grand prize in the Beta City Venture Capital Pitch Competition.
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In the Trenches with Dan Gincel/Maryland Stem Cell Research Fund

Dan Gincel, MSCRF's Executive Director and TEDCO's VP of University Partnerships, is featured in FITCI's In The Trenches video.
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Five new stem cell grants awarded by state commission

The Maryland Stem Cell Research Commission has awarded $1.35 million through five grants as part of the commission’s first round of funding for the fiscal year, the commission announced Tuesday.
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Prof. Mathews Named Chair of Maryland Stem Cell Commission

Debra Mathews, Assistant Director for Science Programs and Associate Professor at the Johns Hopkins Berman Institute of Bioethics, has been named to a two-year term as Chair of the Maryland Stem Cell Research Commission. The Commission is focused on identifying and fostering cutting-edge research
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MACHFU AWARDED $1M PHASE II EXTENSION SBIR GRANT FROM THE DEPARTMENT OF ENERGY

Machfu, an industrial Internet of Things technology company, announced today that it has been awarded the Small Business Innovation Research(SBIR) Phase II extension grant for $1 million by the U.S. Department of Energy (DOE). Machfu won the Phase II award in 2017.
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TEDCO Portfolio Company, Veralox Therapeutics Raises $5.4 Million in Seed Funding Co-Led by JDRF T1D Fund and Sanofi Ventures

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Frederick biotech Veralox Therapeutics raises $5.4 million seed round

Frederick biotechnology firm Veralox Therapeutics has raised a $5.4 million seed round of funding, to help push its first drug candidate toward clinical trials.
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NIH Awards Sonavex, Inc. $3 Million Grant to Pursue New Vascular Surgery Applications for EchoMark® & EchoSure®

Sonavex, Inc., a privately held medical device company focused on empowered patient care, announced that it received a $3 million Phase IIB Small Business Innovation Research (SBIR) grant from the National Institutes of Health to use its EchoMark & EchoSure devices to support arteriovenous (AV)
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Educational technology tool InferCabulary makes it easier for students to learn

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SBA Awards Grants to 24 Organizations to Support Small Business Innovation and R&D Commercialization

The U.S. Small Business Administration granted 24 awards up to $125,000 per recipient in FY 2019 under its Federal and State Technology (FAST) Partnership Program. FAST’s objective is to improve outcomes for underrepresented entrepreneurs in SBA’s Small Business Innovation Research (SBIR) and Small
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TEDCO awarded SBA FAST grant

The Maryland Technology Development Corporation (TEDCO) was awarded a grant of up to $125,000 Tuesday by the U.S. Small Business Administration under its Federal and State Technology (FAST) Partnership Program.
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TEDCO hires first government relations director

Jody Sprinkle is tasked with strengthening relationships between state legislators and the Maryland Technology Development Corp. (TEDCO), as the funding organization enacts mandated reforms. The state-backed funding organization has created a new director of government relations position and hired
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