TEDCO announced Wednesday the launch of its new Women Entrepreneur Leadership Programs, designed to build an alliance of diverse founders and CEOs to strategically navigate Maryland’s entrepreneurial innovation ecosystem.
In collaboration with Maryland’s four Historically Black Colleges and Universities (HBCUs), TEDCO’s new programs will focus on creating a diversified community of women entrepreneurs and help them grow their companies.
TEDCO’s Women Entrepreneur Leadership Programs Webinar learn about TEDCO’s newest program, the Women Entrepreneur Leadership Programs, from Executive Director Dr. Linda Singh, TEDCO Board Member and immediate past chair Myra Norton, and TEDCO’s CEO Troy LeMaile-Stovall as they discuss the program.
The leadership program kicks off with a pilot program in Howard County at the Maryland Innovation Center (MIC). The Open Institute for Black Women Entrepreneur Excellence will convene a cohort of 25 women entrepreneurs, with the goal of developing a network of peer advisors and creating a collaborative community.
The HBCUs will determine the needs of these entrepreneurs at the intersection of research, tech transfer and education. Maryland’s HBCUs include Bowie State University, Coppin State University, Morgan State University and the University of Maryland, Eastern Shore.
To be eligible for the cohort, applicants must be a founder, co-founder, or CEO whose company is at a minimum of pre-seed to growth stage and a maximum of pre-series A. Watch the webinar to find out more about the program by going to https://youtu.be/LmUSLXU8Egc.
The new program builds on past work by TEDCO as it works to support women and underrepresented entrepreneurs.
In 2016, TEDCO commissioned a study into the demographics of those startups applying for funding and support from TEDCO to try to identify underserved entrepreneurs. As a result of that study, TEDCO launched the Minority Business Pre-Seed Fund, which eventually became the Builder Fund for startups run by entrepreneurs who demonstrate economic disadvantage.
In 2019, TEDCO went further by convening its Task Force for Women Entrepreneurs. The 12 thought leaders in the Maryland entrepreneurial ecosystem were tasked with identifying and implementing concrete actions to drive outcomes for women entrepreneurs in the state. The task force came to a close with the recommendation of implementing these programs into the state’s entrepreneurial ecosystem.