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April 2024

The latest on innovation and entrepreneurship in Maryland
Click here for the most up-to-date information regarding the Francis Scott Key Bridge Response

TEDCO's Legislative Technology Showcase

TEDCO brought a selection of technology startups in their portfolio together for an informative networking event.

Exhibiting companies included ARMR Systems, CarrTech Corp. , CyDeploy, Dynamic Dimension Technologies, NextStep Robotics, RoosterBio, Redhelm Labs, SharpRank, Signum Technologies, and Warrior Centric Health

View photos from the event (here) and a recap video (here).

Apply now for the next cohort with the Institute for Women Entrepreneur Excellence

This TEDCO program is a great opportunity to engage with a community of leaders, learn about the resources available, and grow as a female entrepreneur. Each cohort will take place in a different part of Maryland; the next cohort will be in Columbia, MD. Learn more

Deadline to apply for next cohort: May 20, 2024

Apply Now

TEDCO's 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.

Click here to register for the next Investment Open Forum.

Connect with TEDCO Mentors

TEDCO’s Rural Business Innovation Initiative (RBII) and Urban Business Innovation Initiative (UBII) offer entrepreneurs the opportunity to work with TEDCO thought leaders and mentors. To learn more about the programs, visit the RBII and UBII webpages and connect with your regional/local mentors today.


LASARRUS is a company dedicated to advancing device-enabled solutions for remote monitoring of COPD patients. This mission led the company to develop WearME, a digital stethoscope, motion tracker, and optional ECG and temperature sensors, uniquely focused on precise lung function monitoring to address the critical needs of COPD patients with unparalleled accuracy and convenience. Read More

TEDCO Invests in Sonogen Medical

Sonogen Medical is a medical device company working to develop and commercialize an ultrasonic bone fracture healing device. By utilizing therapeutic ultrasound signals, the company is working to create a reliable, economical and effective solution for supporting bone growth to assist the patients whose bone breaks fail to heal on their own. Read More

TEDCO Invests in Minnowtech

Minnowtech is an agtech company working to help aid shrimp farmers through their BRS-1 device. This device sits under the surface of a pond and utilizes sonar technology to collect important information about their shrimp population. Read More

TEDCO Invests in Dockshare

Dockshare, based in Baltimore, Md., is an online reservation platform designed to facilitate reservations between boaters and waterfront property owners who are looking to lease their docks. Read More

TEDCO Invests in Innate Technologies, Inc.

Innate Technologies, Inc. mission is to deliver innovative software solutions for the digital manufacturing sector. They look to empower businesses by bridging the gap between sales and production teams, fostering smarter manufacturing practices. Read More

Ira Schwartz Chosen as a Member of The Daily Record’s 2024 Leaders in Law

The Daily Record’s Leaders in Law awards are presented in collaboration with the Maryland State Bar Association and honor outstanding legal professionals across Maryland who are serving businesses, clients and individuals and making communities stronger. Read More

TEDCO Successfully Exits Portfolio Company Allovue, Inc.

Allovue started as a team of educators, technologists, education finance experts and data specialists who sought to build innovative solutions for maximizing student outcomes. Read More

TEDCO's State of the Startups FY23

For 25 years, TEDCO has provided Maryland entrepreneurs with the resources, connections, and mentoring they need to succeed, contributing to a culture of innovation in the State.

Click here to read the full FY23 State of the Startup

TEDCO Announces the Appointment of the Equitech Growth Commission

The Cultivate Maryland initiative was established by the Maryland General Assembly as the Equitech Growth Fund and Commission during the 2023 legislative session to increase Maryland’s competitiveness as an innovation economy. Read More

How Maryland can take a lesson from Superman and Popeye to move forward

We all have something that gives us the ability to fight beyond our normal abilities and we each have that small stone that can truly limit or even cripple us. Read More

Source: Washington Business Journal

How Maryland's Innovative Technology Startups Are Transforming Education

In today's tech-driven world, companies are creating and leveraging innovative "edtech" solutions to revolutionize education, offering personalized learning experiences. This transformative approach to teaching and learning is reshaping the educational landscape, fostering adaptability and catering to individual needs. Read More

Source: Baltimore Business Journal

Applications for TEDCO’s Maryland Makerspace Initiative Program are officially open! This innovative program was created to encourage the growth of Maryland’s Makerspace ecosystem.

Deadline to Apply: May 15, 2024

Learn More and Apply

TEDCO's Market Search is a resource to help entrepreneurs address the challenges of conducting market assessments. The goal is to improve the market assessment and opportunity analysis associated with the development of business plans and applications for TEDCO’s funding programs.

Learn More and Register

Is your startup investor ready? Each month, TEDCO invites five companies to give their pitch. They will pitch in front of our team members and experienced mentors to receive valuable feedback and an introduction to TEDCO's community.

Learn More and Apply

IPGen’s IP SaaS platform is a free resource available to eligible entrepreneurs and start-up businesses to assist in navigating the patent process. 

IPGen provides guidance and assistance throughout the entire lifecycle of the patent process, including: searching, drafting, and prosecution. 

Learn More and Register

TEDCO is Hiring

Visit tedcomd.com/jobs to view our available positions.


April 4

3:00 - 7:00 PM

Register Now

April 9

10:00 AM

Register Now

April 10

8:00 AM - 10:00 AM

Register Now

April 16

9:00 AM - 1:00 PM

Register Now

April 21- 23

Register Now

April 24

10:00 AM

Register Now

For more events, visit our Events Calendar.
Ecosystem News

ABC7 Good Morning Washington: Jocelyn King, VirgilHR

ABC7 Good Morning Washington: Crystal l. Berger, EBO

Tammi Thomas Chosen for the Girl Scouts of Central Maryland’s Distinguished Women Awards

Baltimore Money Moves: Brown Advisory secures $14M, Latimer Ventures leads a $10M round 

Maryland-Based NanoBioFAB Wins Top Spot at Defense-Tech Startup Contest at AFCEA International Emerging Technology Conference

Wave Engine Corp. Demonstrates Complete Flight Capability on a UAV using a Jet Engine That Requires No Moving Parts

MACo Supports Equitech Growth Commission, Boosting County Economic Strategies

4 regional orgs supporting innovation and the development of new tech

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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.