TEDCO awards nearly $785,000 across a total of 14 awardees for the 2025 Maryland Makerspace Initiative Program.

“Out of 25 highly competitive applications, we are pleased to announce the support for the 2025 Makerspace Program awardees,” said Justin Ferguson, innovation manager for the Venture Development department. “We are excited to see the continued interest in Makerspace growth and development across the state.”
 

The two-part session will be moderated by Jack Miner, TEDCO's Chief Investment Officer, beginning with brief investment thesis presentations from each fund, followed by a round of live startup pitches. The second half of the session features an interactive discussion where investors provide real-time feedback and highlight the critical skills and considerations that shape their decisions—from understanding tech stacks to budget planning.

 TEDCO, Maryland’s economic engine for technology companies, announced a recent Venture Funds investment for nearly $350,000 in Zero Point Five Therapeutics. TEDCO’s evergreen Venture Funds are committed to investing in and advancing early-stage technology and life sciences companies across Maryland. These funds provide startups with access to a seasoned team dedicated to supporting their entrepreneurial growth and success.

“TEDCO’s commitment to creating opportunities aligns with our goals of ensuring capital goes to the most deserving applicants rather than the most privileged,” said Brian Hollins, co-founder and managing partner of Collide Capital. “With this funding, we are excited to better support the Maryland entrepreneurial ecosystem and look forward to working with TEDCO to help the ecosystem flourish.”

TEDCO CEO Troy LeMaile-Stovall was selected as one of The Daily Record’s 2025 Influential Marylanders. This designation highlights Maryland’s power players who have made significant impact in their fields and serve as leaders driving growth in Maryland.