Maryland’s innovation ecosystem thrives on collaboration
TEDCO partners with Maryland universities to help tech entrepreneurs scale up Email Facebook LinkedIn Twitter
Pictured from left: Tammi Thomas, TEDCO; Judy Costello, Montgomery County Government; Brian Darmody, AURP; Mary Morris, UMB; Dr. Arti Santhanam, TEDCO.
By Tammi Thomas – Chief Marketing & Communications Officer, TEDCO
July 08, 2022, 04:05pm EDT
Maryland may be small, but it’s a leader when it comes to nurturing its university-based biology and technology ventures. An array of assets makes it a top choice for biology and technology companies: our state is No. 1 in federal research and development funding, No. 1 in health and human services funding, and No. 3 in NASA funding, according to the National Science Foundation. The state is also home to the largest health researcher (National Institutes of Health), the largest food and drug regulator (the Food and Drug Administration) and the largest buyer of medical procurement (Center for Medicare and Medicaid Services in Woodlawn, Maryland).
TEDCO, Maryland’s economic engine for tech companies, partners with universities to offer entrepreneurs and emerging companies critical early-stage funding, business support and mentoring. This convergence of academia, research and economic development creates a nurturing environment that connects entrepreneurs…