May 2022
The latest on innovation and entrepreneurship in Maryland
Funding and Resources

Dogwood Gaming, LLC, based in Silver Spring, Md., is an indie game development studio that has released four games in the last five years. Dogwood also houses an entire development suite which includes the only motion capture studio within 200 miles. Dogwood Gaming is the go-to resource for freelance motion capture animations in Maryland.

Our Social Impact funds are purposefully designed to engage and invest in economically underserved founders and communities. We want to optimize the path to follow on funding; many companies show a path to sustainability without the need for venture capital. 

Up to $200K investments made.

Applications assessed on rolling basis.

Working alongside entrepreneurs to drive the next wave of start-ups.

Funds include: 
Cybersecurity Investment Fund
Life Sciences Investment Fund
Technology Commercialization Fund
GAP Fund

Up to $200K investments made.

Applications assessed on rolling basis.

An early-stage, evergreen venture capital fund dedicated dedicated to funding and growing the next generation of outstanding early-stage businesses in Maryland. We are an experienced team with significant operating and venture experience whose focus is on making the entrepreneurs successful.

Up to $2M investments made.

Applications assessed on rolling basis.

Intended to assist a promising start-up company accelerate its path toward key milestones. Our resources take several different forms, depending on the stage of the company and an assessment of its likely path forward. TEDCO collaborates with the start-up company and its other advisors to create an advisory solution that complements the other assistance being received by the entrepreneur.
– Network Advisors
– Market Search
– Prelude Pitch
– Start-up Orientation Forum
– Rural Business Innovation Initiative
– Urban Business Innovation Initiative
– Online Educational Tools
– Marketing Toolkit
– Maryland Entrepreneur Hub
– Roundtables

Safe Check, based in Potomac, Md., developed the Safe Check Software as a Service (SaaS) platform that provides employees and consumers with a mechanism to easily share their wellness data with their employers, other businesses, and family members.

In an alliance with Maryland’s four Historically Black Colleges and Universities (HBCUs), TEDCO and Howard County are creating a community of entrepreneurs to support each other and provide a best-in-class entrepreneur leadership development program focused on building critical skills that foster resilience.

Application Deadline: May 31st, 2022

Award Total: Up to $10,000 in applicable RoosterBio® products to be used over a 12 month period
TEDCO Attended the MEDA Annual Conference

TEDCO was well represented at this year's MEDA Annual Conference. It was the first time being back in-person for this conference since Spring 2019.

MEDA Awards - TEDCO Recognitions:

TEDCO is committed to ensuring its programs and funds are utilized by a broad array of under-represented innovators and entrepreneurs—while also providing an exceptional work environment and enhanced organizational results.

Elizabeth Good Mazhari, who was named TEDCO’s DEI Advisor in December 2021, helped spearhead the new initiatives, working closely and collaborating with TEDCO team members.

When it comes to growing a startup business, there’s a lot to consider. The good news for rural Maryland startups: state and local partners like the TEDCO, economic development offices, and incubators can advise on everything from space to tech solutions.

The University of Maryland seeks a full-time manager for the Chesapeake Bay Seed Capital Fund, which invests in Maryland companies with innovative solutions that can help improve air and water quality in the Chesapeake Bay watershed while supporting the State’s climate change goals.
Exploration Commons at 50 East, located in Westminster, MD, provides the region with a collaborative and experiential learning space that integrates a makerspace, teaching kitchen and learning and meeting spaces. Guided by the input of many members of the Carroll County community and makerspace leaders from around the nation, this space is the future of library services not only in Carroll County, but around the nation. The space allows every person who walks through the doors to not only consume information and access equipment, but to create and contribute to their communities, learn new skills, or begin a new career.

Dr. Tammira Lucas, TEDCO’s venture growth advisor and Omar Muhammad, Board Chair join Two Way Talk to discuss the Urban Business Innovation Initiative, funding, and business resources for Maryland entrepreneurs.
Growth Beyond Me: Women in Tech Event
Dr. Tammira Lucas - with the help of TEDCO, EDAC Morgan and Moms as Entrepreneurs - put on this workshop to provide thoughts, ideas and strategies to allow women entrepreneurs to spend more time working on the business versus working in the business. This event took place at the Cube Cowork.
Left-Right: Omar Muhammad, Morgan State University; Dr. Tammira Lucas, TEDCO; Koffi Harrison, Uplight, LLC; Shawna Stepp-Jones, Divaneering Lab LLC; Latoya Staten, Fearless
Left-Right: Dr. Tammira Lucas, TEDCO; Koffi Harrison, Uplight, LLC; Shawna Stepp-Jones, Divaneering Lab LLC; Latoya Staten, Fearless
Join TEDCO's CEO, Troy LeMaile-Stovall, in thought-provoking conversations with regional leaders about the future of Maryland’s innovation ecosystem.
Join TEDCO’s Chief Marketing & Communications Officer, Tammi Thomas, in discussions exploring new innovative technologies in Maryland's startups.
May 10 - 11, 2022

Blu Cyber Summit
May 11, 2022

Company Setup for Investor Pitch & Funding Success. May Live Virtual Event

12:00 PM - 1:00 PM
May 11, 2022

Accounting 101 Workshop Presented by TEDCO and SC&H Group

12:00 PM - 1:00 PM
May 11, 2022

Startup U: Business Model Class

5:30 PM - 8:30 PM
May 12, 2022

Industry Awards Celebration

5:30 PM - 8:30 PM
May 12, 2022

Crab Pot Pitch Competition

6:00 PM - 8:00 PM
May 16, 2022

The Angel Investor: A Perspective on Early-Stage Startups

11:00 AM - 12:00 PM
May 17, 2022

2022 Women's Leadership Conference

9:00 AM - 4:00 PM
May 17, 2022

TEDCO Investment Open Forum

10:00 AM - 11:00 AM
May 18, 2022

PitchMasters Workshop

11:00 AM - 1:30 PM
May 18, 2022

Design Thinking/Imagining Your Business or Product Idea

11:00 AM - 1:00 PM
May 19, 2022

The Big Idea CONNECTpreneur Forum - IN PERSON

7:30 AM - 12:00 PM
May 19, 2022

Refresh Your Brand Design Workshop

1:00 PM - 2:30 PM
May 19, 2022

Family Office Panel: Investment Landscape in the Emerging Tech Space with Katherine Hill Ritchie

2:00 PM - 3:30 PM
May 19, 2022

Kauffman FastTrac @ MIC

6:00 PM - 9:00 PM
May 20, 2022

2022 GOLFERS FOR CHARITY 14th Annual Event

7:30 AM - 6:00 PM
May 20, 2022

BAM! Business Advocacy & Mentorship via Zoom: Financial Statements, Taxes, & Financial Decisions

9:00 AM - 10:30 AM
May 23, 2022

Information Session: Athena PowerLink Baltimore

3:00 PM - 4:00 PM
May 23, 2022

Social Capital Building

5:30 PM - 7:30 PM
May 24, 2022

AGILE 2022 Session II - The Future of Work and the Workforce

4:30 PM - 7:00 PM
May 25, 2022

AAPI Business Resource Session

9:00 AM - 11:00 AM
May 25, 2022

GBC 67th Annual Meeting

5:30 PM - 8:00 PM
May 26, 2022

TEDCO's Southern Maryland Pop-Up

5:30 PM - 7:30 PM
Adaptive Phage Therapeutics Extends Series B to $61 million with Addition of The AMR Action Fund
First woman to become president of UMBC to succeed retiring Freeman Hrabowski
Money Moves: DC cyber firm Corsha raised $12M in a Series A
Maryland Companies Across a Variety of Industries Share Events, Growth, and More
Maryland STEM entrepreneurs get a boost with tech company’s social impact funding
Eastern Shore Entrepreneurs Benefit from TEDCO Resources - Dorchester County Economic Development
TEDCO’s Pre-Seed Builder Fund Invests in Dogwood Gaming - citybiz
TEDCO and the Howard County Government Collaborate on Open Institute for Black Women Entrepreneur Excellence - citybiz
Givhero Receives Investment from Maryland Momentum Fund, TEDCO & Conscious Venture Partners - citybiz
TEDCO’s Pre-Seed Builder Fund Invests in Dogwood Gaming - Greater Baltimore Committee
TEDCO and the Howard County Government Collaborate on Open Institute for Black Women Entrepreneur Excellence - BioBuzz
TEDCO’s Urban Business Innovation Initiative provides assistance to small, startup companies in Maryland - WEAA Radio

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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.