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TEDCO announced it has invested $1.8 million in 12 startup companies. Six were spun out of Johns Hopkins University, and two apiece from University of Maryland, Baltimore; University of Maryland, College Park; and University of Maryland, Baltimore County. TEDCO also invested more than $4.4 million

That whiteboard session gave birth to the concept of the SueChef, a countertop robotic appliance, about the size of a large microwave, that can keep up to five frozen premade meals stored in a built-in freezer, and transfer them into the convection oven portion of the device on command.

$1.8M invested in 12 companies and over $4.4M awarded to 36 project grants

A new report analyzing the Maryland Technology Development Corp. finds that the agency “makes a significant and growing contribution to the Maryland economy.”