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September 2025

The latest on innovation and entrepreneurship in Maryland

Featured Programming:

Morning Keynote Speaker: Niccolo de Masi, Chairman & CEO of IonQ


Don't miss out! TEDCO's 2025 Entrepreneur Expo will be filled with unique opportunities, including:


Morning Keynote Mimosas | Live Music During Reception |

FREE Professional Headshot Lounge

Interested in Sponsoring or Exhibiting? Spots are almost sold out!

Check out the Prospectus to learn more. 

Email us at marketing@tedcomd.com.

 

TEDCO Investments

TEDCO Invests in AGED Diagnostics

TEDCO Invests in LePrix

TEDCO Invests in Upling

Concept Capital Recipient: The Oaks Hospitality Group

 

TEDCO Resources & Services

SBIR/STTR Matching Funds


Applications close for this round September 30, 2025.


The SBIR/STTR Matching Funds Program is a competitive program established to further strengthen the power of SBIR/STTR awards while also fostering job creation and economic development in Maryland.

Technical and Business Assistance (TABA)


Application accepted on a rolling basis.


TEDCO's Technical and Business Assistance (TABA) applications are now open!


The program allows federal agencies to provide funding to SBIR/STTR Phase I and Phase II awardees to enhance their project’s commercialization potential. 

Request for Proposals: Community Development Financial Institutions Technical Assistance Services in the DMV and the District of Columbia

Applications close October 1, 2025.


These consultations will include an assessment of current financial conditions and the identification of any barriers to loan readiness. Afterwards, CDFIs will offer qualifying businesses assistance in correcting inaccuracies, interpreting credit reports and developing individualized plans to improve current standing.

 

Ecosystem Spotlights

TEDCO Portfolio Company Feature in The Baltimore Sun: Wave Engine Corporation

From college lab to $73B Market: Baltimore startup, Wave Engine Corporation, powers next wave of drones


Daanish Maqbool saw the potential of the booming drone industry. That's when he began researching ways to improve propulsion systems for aircraft.

Source: The Baltimore Sun

Developing Maryland's future, one opportunity at a time


Maryland’s economic empowerment begins with its people. TEDCO recognizes the importance of making opportunity available to everyone. This vision, known as equitech, is the guiding force behind the Equitech Growth Fund, which invests in the infrastructure and talent development programs that are creating a more inclusive and resilient workforce. Read more.


Source: Baltimore Business Journal

TEDCO’s Maryland Innovation Initiative Announces First Round of Baltimore Innovation Initiative Awardees


TEDCO’s Maryland Innovation Initiative announces the first round of Baltimore Innovation Initiative awardees! Across the 14 awardees, the program will award $645,000 to support an equitable innovation and entrepreneurial ecosystem within higher education institutions in the Baltimore-Columbia-Towson Metropolitan Statistical Area (MSA). Read more.

TEDCO Announces First Round of SBIR/STTR Matching Funds Awardees


Created to strengthen the power of the SBIR/STTR awards, the Matching Funds program fosters job creation and economic development in Maryland by promoting the commercialization of research, facilitating technology transfer, and encouraging SBIR/STTR program applications. Through this opportunity, companies who have received an SBIR or STTR award within six months of the application cycle are eligible to apply for supplemental funding. Read More.

Maryland’s stem cell research fund is filling the gap


The State of Maryland’s venture capital arm, TEDCO, was one of the first to bet on Diagnostic Biochips, Inc., providing a seed investment that helped bring the company to life in 2013. But recognizing an opportunity working with stem cell research, the startup sought support from the Maryland Stem Cell Research Fund (MSCRF).


MSCRF, an independent program within TEDCO, focuses on identifying and fostering cutting-edge research and innovation in the field of regenerative medicine. It offers non-dilutive funding, meaning it doesn’t take equity or shares in return for the investment

Read More.


Source: Technical.ly

TEDCO Office Hours & Open Forums

 

For more events happening in our ecosystem,

visit our Events Calendar.

 
 

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DISCLAIMER
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.