TEDCO

TEDCO, the Maryland Technology Development Corporation, is an independent entity established in 1998 to facilitate the creation and growth of technology-based businesses across Maryland. Its mission is to enhance economic empowerment by fostering an inclusive and entrepreneurial innovation ecosystem, identifying, investing in, and helping grow technology and life science-based companies in the state. TEDCO serves as Maryland's leading source of early-stage funding and entrepreneurial business assistance related to the development, transfer, and commercialization of technology.

The organization offers a range of programs and funds, including Seed Funds and Venture Funds, to support startups in bringing innovative ideas to market. TEDCO's portfolio includes over 300 companies, contributing to a robust entrepreneurial ecosystem in Maryland. Additionally, TEDCO plays a vital role in addressing workforce vacancies in cybersecurity through programs like the Cyber Maryland Program, which focuses on developing and implementing strategies to address cybersecurity-related workforce needs in the state.

With a vision to be the recognized national leader for supporting translational research and technology-based economic and entrepreneurial development, TEDCO continues to drive innovation and economic growth in Maryland. Its efforts have led to significant economic impact, job creation, and the promotion of technology transfer and commercialization from the state's universities and federal labs.