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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.

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

Maryland Venture Fund and TEDCO’s Seed Fund Hire New Business Development Associate

Organization invests in strategic initiatives COLUMBIA, Md. (September 11, 2018)— The Maryland
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TEDCO’s Rural Business Innovation Initiative Announces Pre-Seed Investments in Two Frederick Start-Ups

Program supports start-up companies founded and thriving in rural Maryland counties.
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TEDCO’s Maryland Innovation Initiative Supports Start-Ups with $5.6 million in Funding

TEDCO, Maryland’s economic engine for technology companies, announced its recent investments through
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Cykloburn Technologies Wins SBIR Phase I Grant

Cykloburn Technologies LLC, a company developing a low-emission combustion system that converts
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