News Archive
Maryland Businesses Grow New Ventures and Initiatives as State Readies to Celebrate Maryland Day
The Maryland Marketing Partnership, which helps drive Maryland’s branding and marketing efforts to attract businesses, create jobs, and grow the state’s economy, today shared a summary of the latest news from companies and organizations that are part of the partnership.
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"TEDCO Talks": Troy LeMaile-Stovall, Brian Pieninck and Cultivate Maryland
TEDCO, Maryland’s economic engine for technology companies, released a live edition of the virtual series “TEDCO Talks.” Throughout this series, TEDCO CEO Troy LeMaile-Stovall connects with thought leaders across Maryland.
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Neighborhood Sun Brings Community Solar To Maryland
It doesn’t matter if you rent, lease, or own your home. Thanks to community solar, anyone with an electricity bill from a major utility across their service territory can save money by getting clean energy through the Neighborhood Sun state-supported community solar program. With no fees or signup
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Baltimore startup raising $4M to make nosebleeds easier to manage
Dr. Elizabeth Clayborne used to make do-it-yourself nose clips out of tongue depressors to stop patients' nosebleeds from flowing onto the floor. The University of Maryland emergency room physician is hunting for $4 million in seed funding to bring a device that replaces the tongue depressors —
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Innovation advancement of military medicine enhanced through a historic partnership
Feb. 8 was a historic day for Maryland entrepreneurs looking to make a difference in the medical field. It marked an official start to a partnership between TEDCO’s Maryland Innovation Initiative (MII) and The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF). Through the
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TEDCO Talks: Troy LeMaile-Stovall Interviews Carim Khouzami of BGE
On the latest TEDCO Talks, LeMaile-Stovall interviews Carim Khouzami, president and CEO of Baltimore Gas and Electric (BGE). During the discussion, Khouzami and LeMaile-Stovall dive into BGE’s role in the community, the importance of diversity, equity and inclusion and how it impacts the innovation
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TEDCO-Backed Hop Flyt, Inc. Raises $1.5M Series A
HopFlyt, a Maryland startup designing electric vertical takeoff and landing, or eVTOL, aircraft, has raised $1.5 million in Series A funding. So far, the six-year-old startup has raised $1.8 million, including pre-seed funding from Maryland Technology Development Corporation (TEDCO), according to
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TEDCO Talks: Troy LeMaile-Stovall Interviews Washington College President Mike Sosulski
TEDCO, Maryland’s economic engine for technology companies, released a new episode of its virtual thought leadership series, TEDCO Talks with special guest, Washington College President Michael Sosulski.
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TEDCO Invests in NasaClip
TEDCO, Maryland’s economic engine for technology companies, announced a recent $250,000 investment in NasaClip, a woman- and minority-led startup which created a new device to assist in a painless, hands-free method for stopping nosebleeds
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How these 3 organizations interact with Big Tech to support their local communities
Big Tech influences almost every aspect of modern life, and local tech ecosystems are no exception. It’s not surprising, then, that communities’ Ecosystem Builder supporters — like universities, law firms, accelerator programs, economic development groups, coding bootcamps and corporate entities —
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NextStep Robotics Develops New Tech To Help Prevent Falls
According to the Centers for Disease Control and Prevention (CDC), three million older people are treated in emergency departments for fall injuries each year. One of the risk factors that contribute to these injuries is foot drop, which is the inability to raise the foot during daily activities
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New Jiddu Platform Revolutionizes The Treatment of UTI's
Astek Diagnostics is a clinical-stage local company founded by Mustafa Al-Adhami, PhD with help from TEDCO, a Maryland based venture capital leader, to provide an effective therapeutic response to urinary tract infections. The founder’s grandfather became sick with a UTI, it took doctors four days
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MEDA Member’s Corner: Silvia Goncalves
Learn more about TEDCO's Silvia Goncalves, Assistant Manager of the Maryland Innovation Initiative (MII)
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TEDCO is Committed to DEI at Every Step in the Entrepreneur’s Journey
While many organizations are increasingly comfortable talking about diversity, equity and inclusion (DEI), the proof of commitment is in the actions taken to ensure DEI permeates both the organization and its external stakeholder work. Here, at the Maryland Technology Development Corporation (TEDCO)
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