TEDCO in the News

TEDCO reopens apps for Maryland startup funding

Maryland Technology Development Corporation (TEDCO) is once again accepting applications from startups seeking investment from several of its funds that were put on hold in the middle of 2019.
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TEDCO, NIST give four companies funding

The Maryland Technology Development Corp. and the National Institute of Standards and Technology awarded four companies a total of $448,000 to develop NIST-licensed technologies for the market, TEDCO announced Tuesday.
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RoosterBio, a TEDCO portfolio company, expands facility for second time in 2019

Project will support the increasing global need for “off-the-shelf” cell banks and hMSC bioprocess media products as sales continue to climb.
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HeMemics Biotechnologies, Inc, a Rockville-based TEDCO portfolio company, received a $2.5 million investment from AMVI Partners

Hememics Biotechnologies Inc. plans to use the investment from AMVI Partners to begin clinical research for FDA submission for its flagship biotech product, a point-of-care panel to test for sexually transmitted diseases
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Press Releases

TEDCO Launches Next Generation Funding Program to Enhance Entrepreneurial Support

Pre-Seed Builder Fund aids in ongoing development of thriving start-ups in Maryland
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TEDCO’s Rural Business Innovation Initiative Announces Second Pre-Seed Investment

TEDCO’s Rural Business Innovation Initiative (RBI2) announced its latest pre-seed investment in PaverGuide, Inc.—a structural base for paving systems designed to advance permeable pavements.
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Solomons Inventor and Entrepreneur Takes First Place at Crab Pot Pitch Contest

The Southern Maryland Innovation and Technology (SMIT) meetup and PaxSpace announced Lowell Cade, Founder of RYG Light LLC, as the first place winner of the Crab Pot Pitch Contest.
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Partnership Between Maryland Stem Cell Program and Bio-Trac Continues to Grow Through Sponsorship of Upcoming Workshops

Bio-Trac, biotechnology training solutions company, announced the Maryland Stem Cell Research Fund at TEDCO will partner on three stem cell related training programs.
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