Keep up with all the latest news about how TEDCO is helping grow the Maryland entrepreneur funding sector through investments, network of industry professionals, and educational resources.
News & Events
TEDCO in the News
TEDCO 2021 Recap – Successful Initiatives and New Funding Programs
2021 was a phenomenal year for TEDCO (Maryland Technology Development Corporation)! Despite challenges and setbacks due to COVID-19, the venture and equity investment organization pushed boundaries and made phenomenal strides in growth and expansion across the state of Maryland. TEDCO also provided
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Y Combinator alum Astek wants to revolutionize antibiotics
With an $850,000 raise and a cosign from the prominent accelerator, cofounder and CEO Mustafa Al-Adhami is looking toward FDA designation to take on the diagnostics space.
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TEDCO’s Maryland Innovation Initiative launches local university entrepreneurs
Dr. Mustafa Al-Adhami knew the severity of the sepsis problem: 1.7 million Americans are evaluated for sepsis every year, and too many have died while waiting for the correct antibiotic. His solution was to develop a platform to determine antibiotic sensitivity in one hour, giving doctors and
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Truvelop raises $700K to close out seed funding round
Truvelop, a human resources technology company, has raised $700,000 to close out its seed funding round and help fuel its growth plans for 2022. The Baltimore-based startup has now raised a little more than $2 million since being founded in 2019, CEO Lisa First-Willis said. The new funding comes
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Press Releases
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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TEDCO’s Rural Business Innovation Initiative Announces First Recipient of Pre-Seed Funding
Program supports start-up technology-based companies doing business in rural Maryland counties.
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