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August 2025

The latest on innovation and entrepreneurship in Maryland

TEDCO Investments

TEDCO Invests in Keep Company

TEDCO Invests in Natáur

TEDCO Invests in Zero Point Five Therapeutics

TEDCO Invests in PerVista

 

Are You Ready for TEDCO's 2025 Entrepreneur Expo!?

Planning to stay overnight?! TEDCO has secured an exclusive $199 discounted hotel rate for Expo attendees, giving you convenience, comfort, and more time to connect with Maryland’s innovation community.


Early bird tickets are just $99 — through September 5!

Entrepreneur Expo News

TEDCO Announces Panel Discussion on Investing in Maryland's Future: SSBCI in Action at 2025 Entrepreneur Expo

We are excited to share TEDCO’s announcement revealing the “Investing in Maryland’s Future: SSBCI in Action” session taking place at the Entrepreneur Expo on October 21, 2025! The dynamic session will be separated into two parts a brief investment thesis presentation from each panelist, followed by a round of live startup pitches. Read more.

TEDCO’s 2025 Entrepreneur Expo to Feature Exit Strategy Panel: “Reverse Engineering Your Exit”

TEDCO’s 2025 Entrepreneur Expo will offer the “Reverse Engineering Your Exit: Growth with the End in Mind” session. This panel will explore how founders can proactively align their growth strategy, partnerships and funding decisions with an intentional path towards exit.  Read more.

 

TEDCO Resources & Services

SBIR/STTR Matching Funds


Applications close for this round September 30, 2025.


The SBIR/STTR Matching Funds Program is a competitive program established to further strengthen the power of SBIR/STTR awards while also fostering job creation and economic development in Maryland.

Technical and Business Assistance (TABA)


Application accepted on a rolling basis.


TEDCO's Technical and Business Assistance (TABA) applications are now open!


The program allows federal agencies to provide funding to SBIR/STTR Phase I and Phase II awardees to enhance their project’s commercialization potential. 

 

Ecosystem Spotlights

TEDCO Announces Square360 as Vendor Selected for Website Redesign


TEDCO selected Square360 as the vendor for the organization’s website redesign and creative development project. The seasoned digital agency will support the redesign and enhancement of TEDCO’s website. Read more.

Clym’s Breakthrough Medical Waste Facility Nears Completion in Frostburg


Supported by TEDCO's Equitech Growth Fund, when Clym Environmental Services announced its plans to bring a new kind of medical waste facility to Frostburg, Maryland, the promise was forward-thinking: a zero-emission, solar-powered system that could eliminate the need for incineration or autoclaving while keeping plastics out of landfills. Now, about a year and a half later, the project is entering its final phase thanks to a strong network of state and local partners. Read more.

TEDCO CEO, Troy LeMaile-Stovall, Featured in 2024-2025 Power 100 List


TEDCO CEO Troy LeMaile-Stovall was featured in The Daily Record’s 2024-2025 Power 100 List. The purpose of this accolade is to honor Maryland’s most influential figures who have contributed to reshaping the state’s culture, economy, and future. Read more.

TEDCO Selects Collide Capital to Support Management and Investment of Allocated SSBCI Funding


TEDCO announces the selection of Collide Capital to support the management and investment of up to $10 million in U.S. Department of the Treasury State Small Business Credit Initiative (SSBCI) funding. Read more.

TEDCO Awards $785,000 to the 2025 Maryland Makerspace Initiative Program Awardees


The 2025 Maryland Makerspace Initiative Program awardees are here! “Out of 25 highly competitive applications, we are pleased to announce the support for the 2025 Makerspace Program awardees,” said Justin Ferguson, Innovation Manager for the Venture Development department. “We are excited to see the continued interest in Makerspace growth and development across the state.” Read more.

Troy LeMaile-Stovall Selected as One of The Daily Record's 2025 Influential Marylanders


Influential Marylanders were selected by the editors of The Daily Record for their significant contributions to their respective fields and for their leadership in Maryland in the following areas: civic leadership, communications, education, finance, freestyle, general business, health care, law, philanthropy, real estate and technology. Read More.

TEDCO Office Hours & Open Forums

 

For more events happening in our ecosystem,

visit our Events Calendar.

 
 

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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.  

  • Entities and IndividualsWhile 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. 
  • Programs and ServicesTo 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.  
  • EventsTEDCO 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.