One of 14 winners, TEDCO recognized in the local investment category

COLUMBIA, Md. (December 18, 2023) – reneeTEDCO, Maryland’s economic engine for technology companies, today announced its award for local investment at the 49th Annual Mayor’s Business Recognition Awards. This award is hosted by the Greater Baltimore Committee (GBC), Baltimore Development Corporation, and Baltimore City Mayor’s Office. 

“TEDCO is honored to be recognized as a winner for the 49th Annual Mayor’s Business Recognition Awards,” said Troy LeMaile-Stovall, TEDCO CEO. “Our mission is to bring a more diverse, sustainable and inclusive ecosystem to Maryland. And that starts with uplifting entrepreneurs and startups in underserved and traditionally overlooked areas, including Baltimore. There is still work to be done, but we are proud to be able to support and promote this process.”

media collaboratorThe Mayor’s Business Recognition Awards recognizes businesses that demonstrated exemplary work to support and improve the quality of life in Baltimore. This work fell into at least one of the five categories below:

  • Economic opportunity 
  • Ambassador for Baltimore Region
  • Local investment
  • Supporting safe and vibrant communities
  • Community redevelopment

The celebration honoring awardees took place December 13 at 11:30am at the M&T Bank Exchange at the France-Merrick Performing Arts Center.


TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at

Media Contact
Tammi Thomas, Chief Development & Marketing Officer, TEDCO,