Three startups received funding this week from a TEDCO fund designed to help firms founded by entrepreneurs from economically or socially disadvantaged backgrounds. As recipients from the Pre-Seed Builder Fund, these companies receive funding and executive management help from the ...
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TEDCO’s leader said a critical audit allowed the agency to open a conversation with legislators about its mission and where it should be spending its resources. The Maryland Senate Thursday approved legislation to create more oversight and direction for the ...
Tagged with: George Davis TEDCO
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TEDCO is focused on compliance after a critical legislative audit was released last week, TEDCO CEO George Davis said. “Change is hard. But I’m up to the task and I think I was hired to do that,” Davis said. “If ...
Tagged with: George Davis TEDCO
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Improving Maryland’s innovation infrastructure will enable the state to make the technology investments it needs to keep up with states like California and Massachusetts in the innovation economy, members of Gov. Larry Hogan’s administration told the Senate Finance Committee Tuesday. ...
Tagged with: Maryland Technology Infrastructure Program tech infrastructure TEDCO
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Gov. Larry Hogan unveiled plans for a Maryland Technology Infrastructure Fund at his Opportunity Zone announcement last week. But this is something TEDCO has been planning for a while as it tries to find more ways for tech startups in ...
Tagged with: innovation economy opportunity zones startups TEDCO
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TEDCO will fund and support five Maryland startups as part of its Pre-Seed Builder Fund, a program designed to help firms from disadvantaged backgrounds to position themselves to receive follow-on investment within 12-to-18 months. Companies in the cohort receive $50,000 ...
Tagged with: Mile Marker TEDCO
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Amazon’s move to Arlington will drive a demand for talent and help bring more venture capital into a region that has been slowly improving in that area. The possibilities have excited George Davis, who as CEO of TEDCO, could see ...
Tagged with: amazon George Davis TEDCO
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COLLEGE PARK — Celebrating TEDCO’s 20th year, the annual Entrepreneur Expo and Stem Cell Symposium focused Thursday on the next steps Maryland should take to realize its potential as a startup ecosystem. Keynote speaker Freeman Hrabowski III, the University of Maryland ...
Tagged with: TEDCO
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The announcement Thursday that AllegisCyber and DataTribe would not only be moving to Port Covington but bringing a $400 million cybersecurity investment fund with them sent a jolt of excitement through Maryland’s startup community. The move will bring the type ...
Tagged with: George Davis port covington startups TEDCO Tom Sadowski University System of Maryland
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TEDCO continued its efforts to grow businesses in Maryland’s more rural regions this week, investing in two Frederick technology companies. Through TEDCO’s Rural Business Innovation Initiative, Nanobiofab and GOEFER will receive ongoing mentorship and funding as they develop their products. ...
Tagged with: Rural Business Innovation Initiative TEDCO
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