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July 2025

The latest on innovation and entrepreneurship in Maryland

TEDCO Investments

TEDCO Invests in TeamWorx Security


Chris Anthony

CEO

TEDCO Invests in NanoBioFAB


Xiaonao Liu

CEO

TEDCO Invests in Astek Diagnostics


Mustafa Al-Adhami

CEO

TEDCO Invests in Higher Medicine


Leo Kim

Founder & CEO

TEDCO Invests in Atme


Joseph Ogundeyi

Founder

 

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!

 

Ecosystem Spotlights

Addressing the misconceptions – Forestry boosts the economy without harming the ecosystem

Included under the umbrella of agriculture, forestry offers significant benefits and contributions to the economy.


In Southern Maryland alone, forestry businesses contribute more than $585 million to the state’s economy while simultaneously supporting over 3,000 jobs and driving regional economic growth. Read more.


Source: Baltimore Business Journal

Propelling Maryland's aerospace future: The synergy of MATC and MAA



Maryland's aerospace industry represents a formidable economic engine and a critical hub for national security and technological innovation. With 15 of the world’s top 20 aerospace and defense companies calling Maryland home, the state's capabilities span space exploration, satellite technology, unmanned aerial vehicles (UAV) and robotics development, as well as extensive Department of Defense activities encompassing biodefense, cybersecurity, avionics, informatics and ordnance testing.


Source: Washington Business Journal

TEDCO Announces Jean-Luc Park’s Promotion to Deputy Chief Investment Officer & Senior Director, Social Impact Funds


We are pleased to announce the promotion of Jean-Luc Park to TEDCO's Deputy Chief Investment Officer & Senior Director, Social Impact Funds! This promotion highlights the hard work and dedication Jean-Luc continues to show to the Maryland ecosystem. Read more.

TEDCO’s Geyssel Gonzalez Selected for Leading Women Under 40


TEDCO announces the recognition of Geyssel Gonzalez, Deputy Chief Financial Officer, as one of the 2025 Leading Women Under 40. This recognition from The Daily Record celebrates women who have made tremendous accomplishments throughout their careers. 


Click here to learn more about Geyssel's recognition

TEDCO's Stephen Auvil: Advancing Innovation Between Labs and Startups



Stephen gives down-to-earth advice for small businesses interested in partnering with federal labs, reminding us all that sometimes the biggest breakthroughs start with a simple conversation.


Learn more on the Federal Laboratory Consortium's site here.

 

TEDCO Resources & Services

Register Today: TEDCO's Monthly Investment Open Forum


Are you an entrepreneur looking for funding opportunities for your business? TEDCO has several investment funds that could be a great fit! Any additional questions can be answered at the virtual Investment Open Forum, hosted by TEDCO’s investment team each month.

Back Office-in-a-Box Services RFP


Submission Deadline: July 14, 2025


Selected contractors will be responsible for delivering services that help qualified businesses with maintaining accurate records, managing payroll, complying with tax and payroll regulations and preparing for external capital opportunities.

Community Development Financial Institutions Technical Assistance Services RFP


Submission Deadline: July 14, 2025


TEDCO announces the release of a Request for Proposals to support the BRIDGE program’s Community Development Financial Institutions Technical Assistance Services. Chosen firms will be responsible for delivering financial consultations tailored to the unique circumstances of each business.

Apply Today: Equitech Growth Fund


Application Deadline: August 8, 2025



The Equitech Growth Fund (EGF) 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.  

SBIR/STTR Matching Funds RFP


TEDCO will accept applications on each Application Cycle Open date 


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. Companies that received an SBIR or STTR award within six (6) months of the application cycle should review the Request for Application (RFA) for a complete list of eligibility requirements.

Apply Today: 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. 

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.