TEDCO, Maryland’s economic engine for technology companies, announced a recent funding from the Concept Capital program to Nurse Lynx. Concept Capital is the bridge to early-stage funding that some entrepreneurs need; providing flexible funding and specialized support, the program helps businesses prepare for future venture opportunities.
TEDCO announced nine awardees for the inaugural Maryland Student Venture Showcase and Pava LaPere Innovation Awards. The awards, funded by the State of Maryland through the Pava LaPere Legacy of Innovation Act of 2024, recognize and support outstanding student entrepreneurs from colleges and universities in the Baltimore-Towson-Columbia metropolitan statistical area.
The 14 awarded projects for the first round of the Equitech Growth Fund include three (3) projects housed in Baltimore City, four (4) located in Montgomery County, two (2) located in Prince George’s County, and one each (1) in Talbot, Allegany, Howard, Caroline and Washington County.
The Equitech Growth Fund is an initiative under Cultivate Maryland established to support the economic competitiveness and inclusive growth of emerging and advanced industries in the State.
MSCRF’s Commercialization grant program expands to businesses outside Maryland.
RFAs for this initial cycle are now available for five grant programs: Manufacturing Assistance, Clinical, Validation, Commercialization, and Launch.
All applications are due by July 9, 2024.
39 scientists from Maryland-based research institutions and companies will be receiving awards from this round of funding to advance research addressing an array of medical conditions, including cancer, eye, heart, bone, blood, digestive, and central nervous system diseases.