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TEDCO

TEDCO is the Maryland Technology Development Corporation, a state-backed organization that invests in early-stage technology and life sciences companies in Maryland. It provides funding, resources, and support for innovation and commercialization.

Founded
1998
Recorded stages
Pre Seed, Seed, Series A, Growth Equity
Focus sectors
Biotech, Healthcare, AI
Recorded regions
United States, North America

Online destinations

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Official links

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Overview

TEDCO (Maryland Technology Development Corporation) is an independent instrumentality of the State of Maryland, established by the Maryland General Assembly in 1998. Its mission is to facilitate the creation and growth of technology-based businesses throughout Maryland. TEDCO serves as a primary source of funding for early-stage technology and life sciences companies, supporting technology transfer and commercialization from the state’s universities and federal labs. TEDCO's funding initiatives include the Pre-Seed Builder Fund, which focuses on expanding access to capital for Maryland-based technology companies, and it also supports socially and economically disadvantaged individuals (SEDI)-owned businesses through programs like the BRIDGE Program Proposal Lab.

Focus

TEDCO invests in early-stage technology and life sciences companies in Maryland. Its funding initiatives include the Pre-Seed Builder Fund, which focuses on expanding access to capital for Maryland-based technology companies. TEDCO also supports socially and economically disadvantaged individuals (SEDI)-owned businesses and very small businesses (VSBs) through programs like the BRIDGE Program Proposal Lab.

Support

TEDCO provides funding, business resources, mentoring, and ecosystem connections to early-stage technology and life sciences companies in Maryland. It aims to de-risk companies before larger follow-on rounds or exits, ensuring they have the support needed to thrive.

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