TEDCO Announces SSBCI Investment in Linshom Medical
TEDCO, Maryland’s economic engine for technology companies, announced a recent $400,000 investment into Linshom Medical, a medical device company developing an innovative wearable sensor technology to support patient respiratory monitoring. This recent investment came in two parts – $250,000 from
This doctor got a shoutout from Maryland Gov. Wes Moore and is overcoming systemic barriers
Dr. Elizabeth Clayborne is beating the odds. Since she started fundraising in 2021, Clayborne said she’s raised $3.25 million for her medical device company, NasaClip. As a biracial Black woman, the numbers aren’t necessarily always on Clayborne’s side — in 2021, startups founded by Black women
Minnowtech Closes Series A Financing Led by Propel Baltimore Fund, with Participation from Maryland Momentum Fund, Abell Foundation, and TEDCO
Minnowtech, a Baltimore-based aquaculture technology company, announced today that it closed a Series A funding round led by the Propel Baltimore Fund, with participation from the University System of Maryland (USM) Momentum Fund (Momentum Fund), Abell Foundation, and TEDCO Seed Funds.
“Edtech” stands for “educational technology,” or the technology used to supplement the learning experience for both teachers and students alike. As the market grows, so too does the urgency to innovate and keep up with the need. That’s where venture capital firms can come in handy for edtech
Troy LeMaile-Stovall, MS, MBA, has been appointed to the University of Maryland School of Medicine (UMSOM) Board of Visitors. He is the CEO of TEDCO, Maryland’s economic engine for technology-based start-up companies. In addition to his expertise in entrepreneurial innovation, LeMaile-Stovall brings
TEDCO’s Terry Rauh Chosen for LMD’s Executive Program’s Class of 2024
Leadership Maryland announced that Terry Rauh, Chief Finance and Operations Officer at TEDCO, has been chosen to participate in the professional development program as a member of the Class of 2024.
TEDCO Generates $2.7 Billion in Economic Benefits for Maryland’s Ecosystem in 2023, According to Independent Study
Conducted by the University of Baltimore’s Jacob France Institute, the study found that TEDCO continues to be a significant economic driving force in Maryland creating nearly $2.7 billion in statewide economic activity as of 2023. TEDCO has invested in or supported the growth of a portfolio of 442
TEDCO Generates $2.7 Billion in Economic Benefits for Maryland's Ecosystem in 2023, According to Independent Study
"The most recent study reinforces TEDCO's impact on the Maryland innovation ecosystem," said Troy LeMaile-Stovall, TEDCO CEO. "As one of the top five Small State Business Credit Initiative investors in the country, according to the U.S Department of the Treasury, we are pleased to say that our
SBIR/STTR Proposal Lab marks 5-year anniversary with graduation ceremony
TEDCO and OST Global Solutions rolled out the red carpet to celebrate the fifth anniversary of the SBIR/STTR Proposal Lab program and honor the journeys of the participants who’ve conquered the program.
TEDCO’s ARR grant propels Grateful Gardener’s innovative technology in floriculture
Floriculture is a lucrative, international industry that involves the cultivation, production and management of flowers. Tom Precht, Ph.D., and Sarah Daken, research scientist and attorney, pivoted the hustle of climbing the corporate ladder to establishing Grateful Gardeners in 2018 – a flower farm
Truvelop Aims To Make Performance Management More Meaningful And Actionable For Managers And Employees
With Truvelop’s proprietary evaluation process, managers can capture and measure performance throughout the year. AI-enabled coaching functionality and Management Cue Cards help managers engage and motivate employees based on their current performance.
Givhero: Merging Corporate Wellness and Social Impact
Vishal Chintawar spent 15 years working in the nonprofit sector before founding the wellness-focused platform Givhero. “I saw how people are really motivated to support the causes they care about,” says Chintawar. “The idea was to use this emotional connection to social causes to motivate people to
How a unique competition united students from different backgrounds while establishing a foundation of leadership and entrepreneurial skills
Dr. Arti Santhanam realized she’d have to try something different. It was fall 2022, and the former executive director of TEDCO’s Maryland Innovation Initiative (MII) was looking for a way to promote commercialization efforts for universities with limited research budgets. What resulted was a series
Moore Speech Teases State Plan, Emphasizes Priorities, Partnership with Legislature
Gov. Wes Moore (D) used his second State of the State speech Wednesday to tease a major policy announcement expected for Thursday. Upon entering office, Moore vowed Maryland would “win the decade,” and in support of that goal, he said he would move quickly to make state “policies as bold as our