What is Maryland Technology Development?
Maryland Technology Development, also known as TEDCO, is an entity focused on enhancing economic empowerment through the cultivation of an inclusive entrepreneurial innovation ecosystem. The organization's core mission involves identifying, investing in, and fostering the growth of technology and life science-based companies within Maryland. This strategic approach aims to catalyze innovation and drive economic development within the state by providing crucial support to emerging businesses.
How much funding has Maryland Technology Development raised?
Maryland Technology Development has raised a total of $125K across 1 funding round:
Grant
$125K
Grant (2020): $125K with participation from U.S. Small Business Administration
Key Investors in Maryland Technology Development
U.S. Small Business Administration
The U.S. Small Business Administration is a federal agency dedicated to supporting entrepreneurship and small business development. It provides counseling, financial assistance, and advocacy to strengthen the small business ecosystem and ensure entrepreneurs have access to necessary resources.
What's next for Maryland Technology Development?
With a substantial funding history, Maryland Technology Development is poised for continued expansion and impact. The recent strategic investment suggests a focus on scaling operations and potentially broadening its reach within the technology and life sciences sectors. Future initiatives will likely involve further investment in promising startups, the development of new innovation programs, and strengthening its role as a key player in Maryland's economic landscape. The company's trajectory indicates a commitment to nurturing a robust entrepreneurial environment.
See full Maryland Technology Development company page