October 2022

The latest on innovation and entrepreneurship in Maryland

Join The Governor's Office of Small, Minority & Women Business Affairs in collaboration with TEDCO in celebrating National Hispanic Heritage Month, as we present a panel discussion from some of Maryland's emerging Hispanic-owned tech firms.

Who should attend?
Latino-owned small business owners, interested in
learning more about entering and succeeding in the emerging tech industry.

SharpRank, the sport betting industry’s ratings agency, announced today that it has officially oversubscribed and closed its seed round of funding. Led by TEDCO with participation from Sharp Alpha Advisors, Eilers & Krejcik Gaming, Old Line Capital, Metarail Capital, and others, the capital will be used to finalize product market fit, enhance data and technology infrastructure, and execute initiatives of its core, B2B, operations.

LASARRUS, based in Baltimore, is a medtech start-up that has developed the world's first wearable multimodal physiological sensing system. Its patented WearME wearable solution creates a portfolio of physiological parameters that allow for a comprehensive cardiopulmonary assessment to be used for early symptom identification and treatment. The technology addresses the data gap to reduce hospitalization costs and readmission rates.

Treevo, based in Upper Marlboro, developed a free social media application designed to unify followers and followings across platforms. With its integrated features and tools, Treevo has the ability to create a new sub industry under the social networking umbrella.

Dr. Arti Santhanam, Executive Director of the Maryland Innovation Initiative, and Airgility Co-Founder and CEO Pramod Raheja interviewed on Good Morning Washington's Small Business Spotlight.

BioHealth Innovation, Inc. (BHI) has partnered with Montgomery County, Maryland, to support entrepreneurs seeking to commercialize life sciences, digital health, and medical device technologies. The new BHI-County agreement will fund one or more Executives-in-Residence, dedicated to cultivating the local life sciences ecosystem within Montgomery County.

Dr. Arti Santhanam, Executive Director of the Maryland Innovation Initiative, and Galen Robotics President and CEO Bruce Lichorowic interviewed on Good Morning Washington's Small Business Spotlight.

The Baltimore BASE (Business Assistance and Support for Equity) Network is a partnership of entrepreneurial support organizations led by the Baltimore Development Corporation and the Mayor’s Office of Minority and Women-Owned Business Development that is committed to helping Black, Indigenous, and People of Color (BIPOC) owned small businesses located in Baltimore City access pandemic-related recovery assistance. The Network was launched in April 2020 and has helped more than 3,000 Baltimore businesses access upwards of $50 million in recovery assistance.

Application Deadline: October 13, 2022

National healthcare incubator 1501 Health is inviting early-stage healthcare startups to apply to its year-long cohort to help scale their solutions through investment and resources. 

Application Deadline: October 25, 2022

Commission also issues Request for Applications for seven funding programs.

Application Deadline: January 19, 2023

Small businesses that work in the technology and life sciences space should visit TEDCO’s website to explore an array of funding opportunities and resources for entrepreneurs. TEDCO’s Rural Business Innovation Initiative (RBII) is particularly noteworthy for Frederick County businesses, as it’s designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies in rural Maryland.

TEDCO held its annual election for the board of directors’ executive officers, reaffirming a second term for Chair Omar Muhammad of Morgan State University (MSU).

The Daily Record named TEDCO CEO Troy LeMaile-Stovall one of Maryland’s 2022 Most Admired CEOs.

What do the National Society of Black Engineers and TEDCO have in common? Both were highlighted in a pop-up conversation with entrepreneurs on seeking helpful resources at every stage of your life and career.

The Maryland General Assembly tasked TEDCO with overseeing the study, which will include an examination of publicly financed advanced industry investment funds in other states and an analysis of minority participation in Maryland’s advanced technology industry careers. RTI will begin work this month, with a completed report due by December 30, 2022.
Event Spotlight: TEDCO's Tech Fair
October 3-4, 2022

October 3-7, 2022

October 5-6, 2022

9:00 AM - 5:00 PM
October 6, 2022

9:00 AM - 5:00 PM
October 6, 2022

4:30 PM - 6:00 PM
October 6, 2022

5:00 PM - 8:00 PM
October 11, 2022

11:30 AM - 1:00 PM
October 11, 2022

5:30 PM - 7:00 PM
October 17, 2022

6:30 PM - 8:30 PM
October 18, 2022

12:00 PM - 1:00 PM
October 19, 2022

11:00 AM - 12:15 PM
October 19, 2022

5:00 PM - 7:00 PM
October 19-21, 2022

October 20, 2022

10:00 AM - 11:00 AM
October 20, 2022

5:00 PM - 7:30 PM
October 25, 2022

9:00 AM - 2:00 PM
October 26, 2022

7:00 AM - 12:00 PM
October 26, 2022

10:00 AM - 11:00 AM
October 27, 2022

7:30 AM - 4:30 PM
October 27, 2022

9:30 AM - 12:00 PM
October 27, 2022

4:30 PM - 8:30 PM
October 27, 2022

4:00 PM - 6:00 PM

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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.