VirgilHR offers a software as a service (SaaS) solution that allows Human Resources (HR) professionals to make compliant, real-time employment decisions through its web-based application. VirgilHR offers an automated chatbot that provides instant employment and labor law guidance to HR professionals, along with a robust compliance resource center for easy compliance navigation. This solution is created by HR professionals, for HR professionals, allowing for smart, well-informed, in-the-moment employment and labor law decisions without the need to research regulatory requirements.

Warrior Centric Health is an organization focused on bridging the gaps in healthcare throughout the United States, particularly the gaps that are creating a Veteran healthcare crisis. The business’s focus on providing health equity will enable healthcare facilities to provide optimal care to large, diverse patient populations of veterans, service members and their families. This Warrior Community makes up almost a quarter of the population—and according to WCH research, over 90% of them get all or some of their care outside the Veterans Administration, or “VA,” hospital system.

Linshom Medical developed and patented the respiratory sensor technology and then gained FDA clearance with validating data from the Cleveland Clinic and Harvard. The company is entering a $2 billion US market next month via clinical study at Ohio State University Wexner Medical Center. The technology was advanced in 2021 with an $800K US Air Force Small Business Innovation Research (SBIR) contract in the dual use program for civilian and military applications. The National Institutes of Health (NIH) also recently awarded Linshom Medical a $2.4 million SBIR fast-track grant to further advance the technology and product.

SeeTrue Technology, LLC has designed an innovative microneedle that provides researchers with a reliable and easy-to-use technology that reduces needle clogging and wasted efforts, while also providing increased efficiency and productivity. Through this innovative technology, researchers can more seamlessly continue fundamental research into areas such as stem-cell gene manipulation, in vitro fertilization cycle therapy and more.

The Open Institute for Black Women Entrepreneur Excellence and Leading Women’s Program were both created in partnership with government agencies and universities working in Howard County and Montgomery County, respectively. The programs are designed to help local women founders grow their startups, expand networks and increase their leadership skills. To qualify, applicants needed to be a founder, cofounder or CEO of a company in the pre-seed to growth stage phases that raised nothing beyond a Series A.

Source: Technical.ly

According to Arti Santhanam, Ph.D., executive director of TEDCO's Maryland Innovation Initiative (MII), Maryland’s elevation in national rankings for commercialization is critical. “Investment in tech commercialization and the creation of new business translates to income flowing into the state through follow-on investments, creation of jobs, and retention of the talent trained in labs and corporations in Maryland.”

Fostering an active tech ecosystem with programs like MII to mentor, fund and support the creation of new businesses is key to retaining young talent out of our universities.

Source: Washington Business Journal

Through her company Clymb, Williams founded an interactive emotional wellness software to improve the well-being of young individuals. Through this software, individuals can receive personalized emotional wellness resources that can help increase resilience and reduce stress levels. Williams is helping future generations take their well-being into their own hands.

Sonosa Medical is working on a wearable ultrasound system that aims to both diagnose sleep-time breathing obstruction and provide therapeutic treatment.

Source: Technical.ly

As we approach the end of the year, there’s a natural inclination to pause, look back and prepare for what’s next.

“In 2022, TEDCO launched an initiative to expand and elevate our Diversity, Equity and Inclusion (DEI) efforts. As we enter a new year, we are proud to be continuing these efforts, holding ourselves accountable and supporting those traditionally underrepresented in the entrepreneurial community. This expansion will allow Maryland’s ecosystem to thrive — allowing much needed diverse perspectives and innovative ideas into the market.” — Troy LeMaile-Stovall, CEO

Source: Technical.ly

Balance Theory, a Columbia startup that creates workplace management applications for cybersecurity professionals, has raised $3 million in seed funding and intends to use the proceeds to build out a development team.

Source: Baltimore Business Journal

TEDCO's Chief Investment Officer, Jack Miner, was one of 49 applicants chosen by committee to complete Leadership Maryland’s eight-month hands-on learning program. The 2022 class participated in an orientation and closing retreat that bookended five, two-day sessions focused on Maryland’s five main geographic regions and the most vital issues impacting a variety of areas.

Source: The Daily Record

Troy LeMaile-Stovall is the CEO of TEDCO—Maryland’s economic engine for technology companies – which to date has helped create more than 10,000 jobs. He leads the organization’s mission to support economic development through the cultivation of an inclusive entrepreneurial innovation ecosystem, including access to funding and critical resources.

Source: CCBJ

Troy LeMaile-Stovall guest stars on Season 2 of the Maryland Tech Council Capital M Podcast:

With a diverse background as an electrical engineer and investor, LeMaile-Stovall leads TEDCO, the State of Maryland’s early-stage technology investing organization. Troy discusses how TEDCO seeks to help early-stage entrepreneurs overcome their natural shortages in time, talent, and treasure.

Source: Capital M

Over the past few months, leaders from four of Maryland's HBCU institutions have shared their executive view of their partnership with TEDCO in an ongoing TEDCO Talks virtual series. Led by TEDCO CEO Troy LeMaile-Stovall, the series probes questions of potential and prosperity for these historic institutions and their connections to Maryland’s economic future.

Source: Baltimore Business Journal

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