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More About TEDCO

TEDCO (Maryland Technology Development Corporation) is an independent instrumentality of the State of Maryland, established by the Maryland General Assembly in 1998, to facilitate the creation of businesses and support their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for early-stage, technology-based businesses; to provide other business assistance to entrepreneurs throughout the State; and to foster technology transfer and commercialization from the State’s universities and Federal labs. TEDCO is leading innovation to market in Maryland and contributing to a robust entrepreneurial ecosystem in the State through its various programs and funds.

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Press Releases

TEDCO Invests in Sommos

AI company creating ‘modern time-capsule’ for families COLUMBIA, Md., (May 18, 2026) — TEDCO
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TEDCO Requests Proposals for Reimagined Urban Business Innovation Initiative Program

UBII program will now offer Entrepreneurs-in-Residence to Baltimore City and Prince George’s County
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TEDCO Invests in Escalate

Maryland-based company developing tools to minimize employee turnover COLUMBIA, Md., (May 15, 2026)
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Maryland Innovation Initiative Board Meeting Notice - May 21, 2026

Maryland Technology Development Corporation Maryland Innovation Initiative Board Meeting Notice
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