March 2021
The latest on innovation and entrepreneurship in Maryland
TEDCO Portfolio Company Spotlights
YoTengoBot wants to help immigration lawyers speak to thousands of clients in a day

The chatbot is designed to help increase the capacity of immigration lawyers. TEDCO's Seed Fund invested $200K in the startup.
TEDCO's Seed Fund invests $400K in Maryland HR Technology Start-ups

Truvelop and RallyBright receive investments.

For entrepreneurs applying for their first investment from Seed, all companies must have started operations within five years from the date of the application and investment. Click here for Seed Fund FAQs. 
Apply Today to TEDCO's Builder Fund

Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage. The fund typically invests up to $200,000 via convertible notes.

Applications assessed on a rolling basis.

Harry Alford Joins TEDCO’s Builder Fund as First Entrepreneur-in-Residence
SBIR Funding Opportunities

Small Business Transition Grant: Funding opportunity for early career scientists

Small Business Concept Award: New SBIR contract solicitation to fund high-risk, high-innovative projects in rare and pediatric cancers.
Johns Hopkins Virtual I-Corps

An immersive learning developed by the National Science Foundation for researchers, faculty, students, and others to determine if the problem they are working to solve exists on a larger scale in the market.

The I-Corps program is FREE and upon completion makes you eligible for a $2,880 Grant.

Applications accepted through April 5, 2021.
Maryland Energy Innovation Accelerator and Mtech Ventures announce Climate Tech Pre-Accelerator Program for summer 2021

Applications will be due on April 16, 2021. 
University of Maryland's Smith School of Business: Center for Global Business

Global Export Consulting Program: Connects teams of Smith School MBA students with Maryland companies looking to gain expertise in international expansion and global business strategies.

Global Marketing Virtual Internship Program: Provides a team of trained undergraduate students to companies seeking assistance with their international marketing efforts, including website localization tracking and analytics, and media strategies.

Jack Miner filling critical role as TEDCO's new Chief Investment Officer, leading TEDCO’s investment activities
NIST-TEDCO entrepreneurship program facilitates 11 new start-ups and $2.7M in annual revenue

The NIST Science and Technology Entrepreneurship Program (N-STEP) is a joint effort by NIST and TEDCO designed to create collaborations resulting in new company formations by departing NIST employees and commercialization of NIST technologies, which in turn, creates jobs. 
TEDCO Request for Proposals to Conduct Annual Audit

The Maryland Technology Development Corporation (TEDCO) is soliciting services from nationally recognized firms of certified public accountants with expertise in auditing, to conduct TEDCO and Maryland Innovation Opportunity Fund I (MIOF) audits for the fiscal year ending June 30, 2021, with one (1) year options of conducting such audits for each of the three subsequent fiscal years.
TEDCO Talks: A new virtual series featuring thought leaders in economic development from across the State of Maryland. Join TEDCO's CEO & Executive Director, Troy LeMaile-Stovall, in thought-provoking conversations with regional leaders about the future of Maryland’s innovation ecosystem. 
Recent Interviews include:
Multiple Dates
in March

Investment Open Forum

More Info on
TEDCO's Events Page
March 11, 2021

In Celebration of Women’s History Month: Closing the Gap in Access to Capital

12:00 PM - 1:15 PM
March 16, 2021

Morgan State University Town Hall: Supporting STEM at MSU and Other HBCUs

2:00 PM - 4:30 PM
March 17-19, 2021

BioHealth Innovation SBIR Workshop

9:00 AM - 5:00 PM
March 17, 2021

Technology Insights: Deep Learning & Cognitive Radio with Frost and Sullivan

10:00 AM - 11:00 AM
March 25, 2021

Digital Health Forum

1:00 PM - 3:00 PM
Longeveron's Allogeneic Cell Therapy Completes Early-Stage Study In Congenital Heart Defect
Covid could cause a glass vial shortage. This medical device startup is getting ready to step in.
Johns Hopkins-born stem cell startup Vita Therapeutics raises $20 million
TEDCO to provide emergency funding
TEDCO’s Seed Fund Invests $200K in a Maryland Technology Start-up
Seven Successful BioHealth Companies Led by African-American Entrepreneurs and Industry Leaders
Veteran Startup Founder Joins TEDCO’s Builder Fund as First Entrepreneur-in-Residence - Harry Alford to Join the Investment Team
Go beyond job creation: How to provide economic empowerment for Maryland’s workforce by Troy LeMaile-Stovall
Power Moves: TEDCO has a new chief investment officer
Leadership Maryland announced the Class of 2021:
Special congrats to TEDCO's Arti Santhanam!
The ORIGINAL Black Wall Street SERIES Featuring The Joe Manns : Black Wall Street Awards
TEDCO’s Tammi Thomas among honorees
NexImmune, Inc. Announces Pricing of Upsized Initial Public Offering
IBM, CareFirst, SC&H look to Maryland entrepreneurs to help solve business challenges
BioTalk Podcast interview with
Baltimore 2029 Podcast interview with

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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.