News & Events

What does the Zulu word “ubuntu” have to do with a successful science and tech fund at Maryland’s TEDCO? To start, it’s been a guiding force for that fund’s leader. The Maryland Technology Development Corporation (TEDCO) has an important mission in Maryland: “enhance economic empowerment by

Baltimore's Vita Therapeutics announced the completion of a $31 million series B funding round on Wednesday, propelling the cell therapy company toward a clinical trial and the development of new treatments for rare diseases.

TEDCO, Maryland’s economic engine for technology companies, has been awarded $125,000 by the U.S. Small Business Administration (SBA) through its Federal and State Technology (FAST) Partnership Program. TEDCO is one of 44 recipients to receive the award, which will support TEDCO’s SBIR/STTR Proposal

In the two years Troy LeMaile-Stovall has been leading TEDCO, Maryland’s leading source of funding and support for early-stage, technology-based businesses, his focus has been investing in his team and ensuring that the organization is engaging with the broader innovation ecosystem across the state.