Maryland-based company building a platform to help life sciences companies navigate commercialization from strategy through market access
COLUMBIA, Md., (June 16, 2026) — TEDCO , Maryland's economic engine for technology companies, announced its support of JGS Orbit, developer of Dira, through the Concept Capital program. The program provides eligible companies with $25,000 to help founders advance their ventures in the early stages of company development.
“Taking a life sciences innovation from idea to market is a confusing and complicated process, but it shouldn’t have to be,” said Jen Murray, CEO of JGS Orbit, developer of Dira. “This is where Dira steps in, allowing researchers, developers and decision makers to focus on the path ahead, rather than worrying about missing any steps. The funding from TEDCO’s Concept Capital will help push this innovative solution to the next level.”
Dira, developed by Baltimore-based JGS Orbit, was created to be an AI-powered commercialization platform for companies in the medical device, diagnostics, digital health and biotech spaces. The platform aims to create a streamlined, secure process that unifies the company’s commercialization strategy—from regulatory strategy to clinical evidence development and distribution readiness.
“With approximately 38% of startup funding coming from the “friends and family” round, it is critical that we provide solutions for those facing challenges during this stage, which is where Concept Capital comes into play,” said Justin Ferguson, TEDCO’s innovation manager, Venture Development. “Created to help bridge a gap entrepreneurs face, the program offers eligible companies anywhere from $25,000 to $50,000 in funding with the idea that these funds will bridge the gap, allowing founders to continue their business journey.”
TEDCO's Concept Capital program was created to provide critical early-stage funding to technology companies, helping founders launch and grow their businesses while strengthening Maryland's innovation ecosystem. For more information about the Concept Capital program, visit tedcomd.com/funding/concept-capital.
"Maryland is home to one of the nation's strongest life sciences industries, with more than 54,000 professionals employed in research and development, manufacturing and laboratory operations," said Troy LeMaile-Stovall, CEO of TEDCO. "The state's life sciences innovators benefit from a highly collaborative ecosystem that supports growth, commercialization and innovation. Combined with a deep pool of STEM talent and one of the nation's most highly educated workforces, Maryland offers companies the resources they need to start, grow and succeed."