February 2023

The latest on innovation and entrepreneurship in Maryland

The Urban Business Innovation Initiative (UBII) is designed to support underserved early-stage companies in key urban areas in Maryland. The program’s mentors come from all backgrounds, allowing businesses access to experts from different backgrounds and expertise.

Source: Technical.ly

Foretrace Inc. offers cost-effective cyber security techniques to help businesses stay safe and proactive. The External Attack Surface Management platform offered provides foot printing and information gathering services through the integrations of known attacker techniques. This method results in a clear image of what information is not secure. 

Neighborhood Sun is a technology enabled community solar company increasing access to renewable energy solutions. Through the retail subscription acquisition and management services provided, Neighborhood Sun offers a solution that connects solar farm developers with local individuals and businesses looking for access to affordable solar energy, allowing them to save money while reducing their carbon footprint and increasing equitable access to solar energy.

TEDCO unveiled a legislatively mandated Maryland Innovation Competitiveness Study—one that could lead to a 5-year, $250 million down payment for an Equitech Growth Fund and the establishment of a major Kirwan-type commission. The new commission would map out an in-depth strategic plan focused on ensuring Maryland becomes a national model for a thriving, inclusive tech sector and innovation economy. Learn More

Maryland Defense Technology Commercialization (DefTech), supports the growth of businesses by helping them leverage the technology, facilities and expertise in the Maryland Department of Defense (DoD) labs. These efforts will be enhanced and expanded upon with a new partnership between TEDCO, Maryland's economic engine for technology companies, and the Maryland Department of Commerce. Learn more

As Maryland continues to blossom as a medtech powerhouse, TEDCO has played an instrumental role in providing capital, resources and mentorship. This was especially true in Q4 2022, where TEDCO invested over $1 million combined into LASARRUS, Linshom Medical, NanoBioFAB, CoolTech and Mi-Helper.

Source: BioBuzz

The MII Pop-up Event will take place Feb. 8 at HJF’s home office in Bethesda, including the signing of the Memorandum of Understanding (MOU) and speakers from MII, TEDCO, and HJF leadership.

The MOU with HJF will establish a new regional collaboration to promote technology commercialization and outreach, with MII and HJF working together to bring advanced medical innovations to members of the armed forces and the public. 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.

Source: BioBuzz
February 8
9:30 - 10:30 AM
February 22
10:00 - 11:00 AM
February 28
11:00 AM - 1:30 PM
February 8
4:00 - 7:00 PM
February 22
12:00 - 2:00 PM
February 16
4:30 - 7:00 PM
February 24
10:00 AM - 5:30 PM
For more events, visit our Events Calendar.
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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.