News Archive

TEDCO, Maryland’s economic engine for technology companies, announced a recent State Small Business Credit Initiative (SSBCI) investment of $150,000 into JuneBrain Inc., an organization focused on creating new ways for physicians to remotely monitor their patients.

With both the expansion and a new partnership with TEDCO, state leadership hopes DefTech can reach entrepreneurs statewide.

On February 8, representatives from TEDCO, The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF), and the local community at large came together to witness and celebrate the signing of the Memorandum of Understanding (MOU) by Maryland Innovation Initiative (MII) Executive

As a young physician, Dr. Elizabeth Clayborne saw a need for a better way to stop nosebleeds, a common condition she saw at the hospital where she worked, especially among children. She developed a bandage-like device for your nose and secured patents for her invention, called “NasaClip.” Then, in

The study recommends funding an Equitech Growth Fund and the establishment of an innovation-focused commission

Morgan State University (Morgan State) is one of five institutions collaborating with TEDCO as part of the Maryland Innovation Initiative (MII) – a technology transfer program established in 2012 to grow and accelerate promising technologies through venture creation.

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.

The program connects founders with technical and business resources from across Maryland. Learn about some of those founders' stories.

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

TEDCO, an FLC partner, unveiled a legislatively mandated Maryland Innovation Competitiveness Study—one that could lead to a 5-year, $250 million down payment for an Equitech Growth Fund and the establishment of a major Kirwan-type commission. The new commission would map out an in-depth strategic

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

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