Neil R. Davis
TEDCO Director Neil R. Davis has developed the new Executive Exchange Program, which matches entrepreneurs seeking help achieving the next level of success with experienced executives to help lead the way.
The program includes loaned executives, executive coaches, CEO roundtables, portfolio workshops and advisers.
The exchange program launched in 2014 and has been hugely successful, he said.
“We think we’re making a real difference,” he said.
TEDCO is a private company formed by the state of Maryland to grow business in Maryland.
Already, he said, six loaned executives have been placed with high-potential TEDCO portfolio companies.
One company participating in the exchange already has seen a 100 percent increase in customer growth, Davis said.
“What we want to see happen,” Davis said. “Is to see these companies become successful quicker so that TEDCO’s investment can be repaid, and we can invest in new companies.”