The latest on innovation and entrepreneurship in Maryland | | |
Enjoy your lunch while listening to an engaging fireside discussion featuring Tamla Olivier, President and CEO of Baltimore, Gas and Electric (BGE), and Troy LeMaile-Stovall, TEDCO CEO. The two experts will dive into Maryland’s energy sector, the power of industry-entrepreneur collaborations and how they can spur continued growth.
Click here to learn more about the upcoming session.
| | Ecosystem & Entrepreneurial Resources | | |
Equitech Growth Fund
Deadline: August 7, 2026
Infrastructure Awards (Up to $1M)
Workforce Awards (Up to $250K)
Provides grants for infrastructure and workforce development initiatives that support Maryland’s economic competitiveness, foster economic opportunity for all and accelerate growth of emerging and advanced industries in the State.
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Laurel Thrive Small Business Grant
Deadline: Rolling
Funding Amount: $10,000
Specifically for businesses located (or moving) within the City of Laurel, this grant provides foundational capital for new businesses to expand and hire. It is awarded on a first-come, first-served basis, so early application is highly recommended.
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Buy Maryland Cybersecurity (BMC) Tax Credit
Deadline: Rolling
Funding Amount: 50% of purchase price (up to $50,000 credit for the buyer)
Qualified Maryland Companies may claim a tax credit for 50% of the net purchase price of cybersecurity technologies and services purchased from a Qualified Maryland Cybersecurity Seller.
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Maryland Technology Internship Program (MTIP)
Now Accepting Applications for Summer 2026
Funding Amount:
Up to $5,500 annually per intern
Administered by UMBC and funded by the State of Maryland MTIP helps Maryland retain top tech talent by increasing the number of paid technical internships offered in the state.
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Maryland Energy Innovation Accelerator (MEIA) Grants
Deadline: Rolling
Funding Amount: Up to $300,000
Supports Maryland-based companies developing innovative clean energy technologies. Funding can be used for early-stage commercialization, pilot projects, and product validation.
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Maryland Makerspace Program Initiative
Deadline: May 15, 2026
Funding Amount: Up to $100K
Provides grants and technical assistance for qualified entities looking to establish a new Makerspace, expand an existing Makerspace, or develop Makerspace programming.
| | Recent Investments and Funding | | |
Phycin, Inc
James Highsmith
CEO
Phycin, Inc is a company that developed an innovative method for producing growth factors in green algae. This innovation supports the growing demands found in several industries, including regenerative medicine, cultivated meat,
cosmetics and more.
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TEDCO Invests in Nowy
Branda Fan
CEO
Nowy is an artificial intelligence (AI)-powered travel platform created to process travel content across major social media platforms and identify every place
and experience mentioned.
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Sybal
Christine Sanni
CEO
Sybal is a software company developing AI-powered governance solutions to help transform policy from static documentation into measurable, enforceable performance.
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Acorn Family Services
Tom Herb
Co-Founder
Acorn Family Services seeks to provide online cremation services. These services aim to be seamless, affordable and respectful, allowing families to remove the complexities of traditional funeral planning.
| | Events are Happening Across Maryland! | | Visit TEDCO's Events Calendar to explore the latest opportunities and happenings throughout Maryland's innovation ecosystem. | | TEDCO Office Hours & Open Forums | | |
Click here to explore more news, events, and announcements
on our website.
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DISCLAIMER
The companies, resources, events, and programs in this newsletter are presented as a courtesy to help you navigate the various business support services established for and available to Maryland entrepreneurs.
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Entities and Individuals: While we recognize the accomplishments of businesses, non-profits and individuals connected to TEDCO, in sharing this news there is no intent to recommend or endorse any business, nonprofit, or individual for any purpose. TEDCO does not verify information in linked articles or press-releases. And, TEDCO does not necessarily share the views contained in any linked articles or press-releases.
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Programs and Services: To apply for or obtain services from a particular agency or program, you will need to apply through that program’s or agency's website. TEDCO cannot guarantee eligibility or success in applying to or using a program's or agency's resources. Each individual program and agency will determine your eligibility when you apply. While updates to the page are being made regularly, due to the ever-changing nature of these programs and agencies and state, federal, and local laws, this page may not be all-encompassing. Any information you share with any program or agency will be subject to the laws governing that program or agency and that program's or agency's policies, procedures and rules.
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Events: TEDCO does not endorse or recommend any individual, business, or other entity presenting or hosting any webinar, podcast, or event. Any views shared on any of these formats are not necessarily shared by TEDCO. Unless otherwise stated, TEDCO has not contributed to the content or format of webinars, podcasts, or events promoted on this page.
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