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.
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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.
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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
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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
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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.
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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
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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.
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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
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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
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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
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TEDCO Invests in University Startups

TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Venture Funds investment in University Startups, an edtech software as a service (SaaS) platform. TEDCO’s evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses
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TEDCO Announces the Cyber Maryland Board of Directors

TEDCO, Maryland's economic engine for technology companies, recently announced the newly appointed Board of Directors for the Cyber Maryland Program ("Program"). The Program was established by the Maryland General Assembly during the 2023 legislative session to develop and implement a strategy to
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TEDCO Announces the Cyber Maryland Board of Directors

TEDCO, Maryland’s economic engine for technology companies, recently announced the newly appointed Board of Directors for the Cyber Maryland Program. The Program was established by the Maryland General Assembly during the 2023 legislative session to develop and implement a strategy to address
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TEDCO exec hired to relaunch city-backed tech development program

The Baltimore Development Corp. has hired the leader of a major Maryland venture fund to restart itstechnology development program. Arti Santhanam, currently the executive director of the Maryland Technology Development Corp.'s (TEDCO) Maryland Innovation Initiative, will now be charged with
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ETC, one of Baltimore’s oldest entrepreneurship incubators, is getting a new executive director

Arti Santhanam takes over on Feb. 1, and will be tasked with implementing a new strategic plan that renews the organization’s value. After a period of leadership transition and strategic planning, the organizations behind one of Baltimore’s longest-standing entrepreneurial communities have appointed
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