News Archive

Dr. Dan Gincel, who died on Dec. 24, was hailed as a “transformative” leader and “quiet hero of medical progress” by former colleagues at TEDCO and the Maryland Stem Cell Commission.

The first five awardees for TEDCO’s new Concept Capital program previously applied to its Rural Pre-Seed Fund or the Social Impact Funds and received a $25,000 investment from the new program, plus an opportunity to obtain an additional $25,000 at the 2024 Entrepreneur Expo, where they competed

Governor Wes Moore today signed an executive order to strengthen Maryland’s business climate and catalyze more economic growth in the state. The governor signed the order during a visit to the Frederick Hotel and Conference Center project site in Frederick—a public-private development project that

“The Equitech Growth Fund was created to provide additional funding and resources to entities supporting Maryland’s growth through infrastructure and workforce development efforts,” said Troy LeMaile-Stovall, TEDCO CEO. “And with a highly competitive round of applications, we are anticipating the 14

The Maryland Association of Community Colleges (MACC), the advocate and unified voice for Maryland’s 16 community colleges, and BCR Cyber, a leading provider of comprehensive cybersecurity training and job placement services, have received a $935,680 grant for their Cyber Workforce Accelerator (CWA)

During his keynote at a recent conference, Gov. Wes Moore offered a version of his usual praise for Maryland’s founders. “Entrepreneurship is the backbone of the economy,” he said in a conversation with Troy LeMaile-Stoval, the CEO of TEDCO. The remarks from one of the innovation economy’s highest

HAGERSTOWN- The Washington County Department of Business and Economic Development, in partnership with the University System of Maryland at Hagerstown (USMH), is excited to announce that a project submitted by USMH is among 14 initiatives selected to receive funding through the inaugural round of

Governor Wes Moore and the Maryland congressional delegation today announced that the Maryland Department of Commerce, in collaboration with the Maryland Technology Development Corporation (TEDCO), are once again joining forces to expand Maryland’s Defense Technology Commercialization Center

MelaTech, LLC and Johns Hopkins University, in an Army Small Business Technology Transfer (STTR) partnership, are revolutionizing melanin use. Melanin is the pigment that gives human skin its color and has the potential to be used in radiation and heat shielding, as an insulator or semiconductor

TEDCO, Maryland’s economic engine for technology companies, announced the awardees for the first round of the new Equitech Growth Fund. A total of nearly $7 million will be distributed among the 14 projects located across Maryland. Of these awards, over $4.7 million will support six projects

Winners of the USPTO’s 2024 Patents for Humanity and inaugural Trademarks for Humanity competitions are using their intellectual property to meet environmental and climate change challenges

TEDCO’s Entrepreneur Expo — “TEDCO’s 10th Entrepreneur Expo will be held Wednesday, Dec. 4, 2024 at the Renaissance Baltimore Harborplace Hotel. The Expo is a premier event in Maryland showcasing various resources from across the state and is jam-packed full of workshops, roundtable discussions

The Beltsville, Md., startup developing solid-state batteries earlier this year received a $1.5 million grant from the Maryland Technology Development Corp. (TEDCO), through the Maryland Venture Fund, and a $20 million award from the U.S. Department of Energy’s Advanced Research Projects Agency

From leading ecosystem builders to a celebrated podcaster (who shared a surprise announcement), these winners helped local innovation shine.

TEDCO, Maryland’s economic engine for technology companies, announced a recent $100,000 Pre-Seed Builder Fund investment in PerSoN, a company creating digital health solutions to support complex mental health conditions. Businesses receiving an investment from TEDCO’s Pre-Seed Builder Fund, housed