News Archive

TEDCO established the Maryland Innovation Initiative (MII) in 2012 as a technology transfer program with the goal to grow and accelerate promising technologies through venture creation. University of Maryland College Park (UMCP) is one of five universities working in partnership with TEDCO on the

The Maryland Department of Commerce has received a federal grant from the U.S. Department of Defense to relaunch the state’s Defense Commercialization (DefTech) Center and to help small businesses serving the defense industry stay competitive by adopting “Industry 4.0” standards.

TEDCO, Maryland’s economic engine for technology companies, announced today it has selected Recast Capital to help identify 3-4 traditionally underrepresented early-stage venture capital fund managers. In this role, Recast Capital will review and recommend venture fund managers that have the

TEDCO, Maryland’s economic engine for tech and life science companies, announced today the selection of 15 entrepreneurs to participate in two new 10-month pilot leadership development programs. In collaboration with local university and county partners, TEDCO created the Open Institute for Black

Learn how Dr. Arti Santhanam became the executive director of TEDCO's Maryland Innovation Initiative (MII).

As its Chief Marketing and Communications Officer (CMCO), Tammi Thomas recognizes that TEDCO’s support can transform startups into successful businesses, leading to new jobs, increased revenue, and a better quality of life for Marylanders. It’s no wonder she’s relentlessly focused on spreading the

The Greater Baltimore Committee, today, announced the recipients of its annual Bridging the Gap Achievement Awards, which are issued annually to recognize exceptional majority, minority and women-owned businesses and executives who nurture the development of minority and women-owned businesses in

(Page 5) Google was there. So were Amazon and eBay. And Microsoft and TikTok, among others.

Science and tech entrepreneurs share a common challenge: accessing capital for essential research and development. That’s where TEDCO, Maryland’s economic engine for technology companies, comes in. TEDCO is here to help Maryland tech companies grow; that includes helping them apply for the $4

For Troy A. LeMaile-Stovall, CEO of TEDCO, helping the community is a matter of inclusion and equity.

The Gaithersburg-based company developed an Android- and iOS-compatible app that acts as what founder Rana Saad calls a "two-sided marketplace" for locally made goods and souveniers across the world.

TEDCO, Maryland’s economic engine for technology companies, announced today its Venture Funds invested $750,000 in Datakwip, an advanced analytics technology company based in Maryland. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of outstanding early-stage

Galen Robotics, which is commercializing a surgical robot developed at a Johns Hopkins research lab, has announced the first close of a Series A round, after raising $15 million from investors led by California’s Ambix Healthcare Partners. It simultaneously announced a second close for its Series A

TEDCO's Troy LeMaile-Stovall spoke with Ronald Mason, president of the University of the District of Columbia, on how the college is building local innovation pathways.

TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested in NanoBioFAB, a Frederick, Md. technology start-up. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate