2022 Technology Showcase

Published on :

The 2022 Technology Showcase, organized by the National Cancer Institute Technology Transfer Center and the Frederick National Laboratory, is scheduled for the afternoon of September 7. – Free, half-day hybrid [….]

Ben Antebi, Ph.D., Joins the Maryland Stem Cell Research Fund (MSCRF) as Assistant Director

Published on :

At MSCRF, Ben is responsible for management and oversight of the research portfolio. In this role, Ben aspires to develop and support stem cell and regenerative medicine research in the state of Maryland by working with scientists and various stakeholders to promote commercialization of stem cell technologies for treating patients at the bedside.

TEDCO to Receive up to $50 Million from State Small Business Credit Initiative

Published on :

TEDCO, Maryland’s economic engine for technology companies, announced today it will receive up to $50 million from Governor Hogan’s small business relief plan that was approved for funding from the United States Treasury Department’s State Small Business Credit Initiative (SSBCI). TEDCO will allocate the funds into four existing programs targeting technology-based Maryland businesses and entrepreneurs. 

Maryland Stem Cell Research Commission Announces Over $7 Million in Awards to Accelerate Cures

Published on :

The Maryland Stem Cell Research Commission announced it will grant $7,067,409 in award funding to innovative research that will strengthen and advance stem cell treatments and technologies in Maryland. Awardees submitted proposals to the Commission in response to its Request for Applications (RFAs) for its second round of funding cycle in 2022.

Maryland STEM Entrepreneurs Get a Boost With Tech Company’s Social Impact Funding

Published on :

Dr. Elizabeth P. Clayborne juggles many roles: emergency room physician, spouse, parent – and most recently, the inventor and founder of NasaClip.
The need for her NasaClip product came directly from Clayborne’s day job where she was struck by the large number of people who came to the ER with nosebleeds. The NasaClip device provides simple and effective nosebleed rescue at home, using hands-free, external nasal compression with intranasal sponges that medicine can be added to that go inside the nose. The product aims to stop nosebleeds within 10 to 20 minutes, eliminating hours-long waits in crowded ERs. Clayborne’s experience working as an ER doctor during the pandemic further illustrated the importance of helping patients solve simple problems at home.
While many of Clayborne’s skills as a physician helped her develop her business – strong communication skills and understanding everyday health problems – she knew her expertise rested with her product, not the business world. That’s where the Maryland Technology Development Corporation (TEDCO) came in. TEDCO fosters an inclusive entrepreneurial innovation ecosystem by investing in Maryland science and tech companies, and NasaClip proved a good match for TEDCO’s Builder Fund.

TEDCO and the Howard County Government Collaborate on Open Institute for Black Women Entrepreneur Excellence

Published on :

TEDCO, Maryland’s economic engine for technology companies, announced today the launch of the Open Institute for Black Women Entrepreneur Excellence in collaboration with the Howard County Government. In an alliance with Maryland’s four Historically Black Colleges and Universities (HBCUs), TEDCO and Howard County are creating a community of entrepreneurs to support each other and provide a best-in-class entrepreneur leadership development program focused on building critical skills that foster resilience. 

Life Science Development Projects Position Baltimore BioMed Ecosystem for Boom

Published on :

The Baltimore biotech ecosystem is thriving. And new, big and bold life sciences development projects are in the works, leading many to project Charm City as the next sector of the BioHealth Capital Region (BHCR) to boom.

TEDCO’s New Women Leadership Programs Empowering Maryland’s Entrepreneurs

Published on :

TEDCO, Maryland’s economic engine for technology companies, announced today the launch of its new Women Entrepreneur Leadership Programs. The new programs are designed to build an alliance of diverse founders and CEOs to strategically navigate Maryland’s entrepreneurial innovation ecosystem. In collaboration with Maryland’s four Historically Black Colleges and Universities (HBCUs), TEDCO’s new programs will focus on creating a diversified community of women entrepreneurs and help them grow their companies.

TEDCO’s Pre-Seed Builder Fund Invests in Maryland Medical Device Start-up

Published on :

TEDCO, Maryland’s economic engine for technology companies, announced today its Builder Fund invested $100,000 in Astek Diagnostics, a medical device start-up based in Maryland. TEDCO’s Builder Fund invests in and provides executive support to Maryland-based technology companies run by entrepreneurs who demonstrate economic disadvantage. 

15 Companies Supported by TEDCO Exceed $12.6M in Market Value

Published on :

TEDCO, Maryland’s economic engine for technology companies, announced today the successful exits of 15 portfolio companies in 2021. The portfolio companies received a total of $7 million from three TEDCO funds and reported a total fair market value in 2021 of over $12.6 million.