December 2022

The latest on innovation and entrepreneurship in Maryland

If you have a technical innovation that you need seed money for, a National Science Foundation grant may help – and TEDCO can help you win it through our Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) Proposal Lab 2023 cohort.

We are selecting up to 25 companies to participate in a unique opportunity to join the next SBA FAST* SBIR/STTR Proposal Lab. The application process is competitive and companies are admitted on a first-come, first-serve basis if they qualify.

Applications Due: December 31, 2022 or sooner if all the seats are filled.

Learn More:

Applications for three different Innovator programs – MedTech Innovator US, MedTech Innovator Asia Pacific, and BioTools Innovator – are now open. Numerous LaunchPort Residents have been selected for participation in Medtech Innovators in the past, and this excellent program provides access to mentors and high visibility at the annual Medtech Conference each Fall.

Applications Due: January 31, 2023

TEDCO, Maryland’s economic engine for technology companies, announced today it has selected Recast Capital to help identify 3-4 traditionally underrepresented early-stage venture capital fund managers. In this role, Recast Capital will review and recommend venture fund managers that have the processes and structures to responsibly manage and invest up to $10 million U.S. Department of the Treasury SSBCI (State Small Business Credit Initiative) funds on behalf of TEDCO. Learn more.

TEDCO established the Maryland Innovation Initiative (MII) in 2012 as a technology transfer program with the goal to grow and accelerate promising technologies through venture creation. University of Maryland College Park (UMCP) is one of five universities working in partnership with TEDCO on the MII program. Learn more.

TEDCO, Maryland’s economic engine for technology companies, released new episodes of the virtual series TEDCO Talks. Throughout this series, TEDCO CEO Troy LeMaile-Stovall, connects with various thought leaders in economic development from across the state of Maryland.

Featured guests:

Two cohorts of tech innovators selected for Howard and Montgomery County pilot programs. In collaboration with local university and county partners, TEDCO created the Open Institute for Black Women Entrepreneur Excellence in Howard County and the Leading Women’s Program in Montgomery County to support entrepreneurs in building critical skills, expanding their networks, and successfully growing their businesses.

Greater Baltimore Committee celebrates award winners at November 17 ceremony. TEDCO’s MII was recognized in the Innovative Partnership/Strategic Alliance category, while Linda Singh received the Mentorship award.

CIO Bulletin Magazine featured the company, and interviewed TEDCO’s CEO, Troy LeMaile-Stovall about the crucial role the organization plays on the Maryland ecosystem. 

TEDCO's Tammi Thomas was recently named “The Most Influential Businesswoman Making a Mark for Others, 2022.” As part of that recognition, Tammi is featured in a cover story in CIO Views Magazine.
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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. 
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