TEDCO announces a recent agreement signing with Korea Venture Investment Corporation (KVIC). Through this agreement, the organization seeks to collaborate with KVIC to continue this growth, allowing for the development of both locales. Such cooperation may include joint workshops, acceleration programs and more. 

The collaboration between TEDCO and the Ministry of Digital Economy and Entrepreneurship of the Hashemite Kingdom of Jordan solidifies a commitment to support the advancement of technological innovation in both locales, advancing collaboration in technology and entrepreneurship and expanding opportunities for innovation and entrepreneurship and to expand internationally through shared networks and expertise.

As part of the agreement, the entities will seek to establish international support and resource sharing, including seeking opportunities to co-invest in companies that have benefits to Maryland and Taiwan. Additionally, the entities will seek to jointly establish an International Startup Exchange Center in Taiwan and Maryland, focusing on six industries – AI, deep tech, robotics, semiconductor-related industries, agricultural technology and biotechnology.

The agreement between TEDCO and Kunicorn will last for two years and signifies a commitment to collaborate across borders to advance economic development. This includes the joint identification and evaluation of high-potential technology-based startups, working together in technology valuation and feasibility assessments, facilitating linkages to government support programs and R&D initiatives, and more. 
 

TEDCO, Maryland’s economic engine for technology companies, announced a recent Concept Capital recipient, PostCare AI. As part of the Concept Capital program, eligible entities are allotted funding to support founders during the beginning stages of entrepreneurial ventures.