Leading Innovation to Market. TEDCO provides funding, resources and connections that early-stage technology and life sciences companies need to thrive in Maryland.

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Annual Reports, Policies & Studies  •  Boards, Commissions & Authorities  •  Government Program Development, Affairs & Policy  •  TEDCO Regulations  •  Development & Marketing  •  Finance & Operations  •  Equal Access Initiative  •  Core Values  •  OLA Fraud Hotline • Title VI Program Rights

 

 


Mission

Enhance economic empowerment by fostering an inclusive and entrepreneurial innovation ecosystem. Identify, invest in, and help grow technology companies in Maryland.

Vision

TEDCO will be the recognized national leader for supporting translational research, and technology-based, economic and entrepreneurial development while being the hub of Maryland’s innovation ecosystem.

Core Values

Our core values unite us and guide our efforts and interactions with people inside and outside of TEDCO. They are critical in TEDCO’s commitment to excellence in carrying out its mission and serving its stakeholders:

Accountability

Accountability

We take responsibility for our actions and for adherence to our mission, and we ensure that this responsibility is ingrained throughout the organization. We measure our activities and report our outcomes to our stakeholders. We do the right thing.

Collaboration

Collaboration

We focus on building trust and credibility across the organization and with all people across the state. We are transparent in the exchange of ideas and our encouragement of one another. We value teamwork in our pursuit of supporting innovation and entrepreneurial excellence.

Integrity

Integrity

We provide the best quality service to all stakeholders and strive to exceed expectations. We pursue innovation and entrepreneurial success with the highest regard for moral, ethical and inclusion standards. We stand by what we say and what we do, and we always act in an honest and open way.

Respect

Respect

We uphold a culture of respect at work, within our communities, and nationally. We value our employees for their individuality and the unique perspectives that they bring to the organization.

Stewardship

Stewardship

We take seriously our responsibility to manage scarce resources and to serve as stewards of State, Federal, and private funds. We value our ability to create a sense of belonging and to serve our customers in an efficient and fiscally responsible manner. We encourage and empower TEDCO’s staff to act in accordance with our culture.

 

TEDCO Core Values


 

View Our Core Values Video

About TEDCO 

TEDCO (Maryland Technology Development Corporation) is an independent instrumentality of the State of Maryland, established by the Maryland General Assembly in 1998, to facilitate the creation of businesses and support their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for early-stage, technology-based businesses; to provide other business assistance to entrepreneurs throughout the State; and to foster technology transfer and commercialization from the State’s universities and Federal labs. TEDCO is leading innovation to market in Maryland and contributing to a robust entrepreneurial ecosystem in the State through its various programs and funds.

 


TEDCO Face Sheet

25th anniversary

 

Recent TEDCO news

Governor Moore and Team Maryland Announce Federal Funding for Maryland DefTech Center

Governor Wes Moore and the Maryland congressional delegation today announced that the Maryland Department of Commerce, in collaboration with the Maryland Technology Development Corporation (TEDCO), are once again joining forces to expand Maryland’s Defense Technology Commercialization Center
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MelaTech Unlocks the Potential of Melanin Technologies Through Army STTR Program

MelaTech, LLC and Johns Hopkins University, in an Army Small Business Technology Transfer (STTR) partnership, are revolutionizing melanin use. Melanin is the pigment that gives human skin its color and has the potential to be used in radiation and heat shielding, as an insulator or semiconductor
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TEDCO’s First Round of Equitech Growth Fund Awardees Unveiled

TEDCO, Maryland’s economic engine for technology companies, announced the awardees for the first round of the new Equitech Growth Fund. A total of nearly $7 million will be distributed among the 14 projects located across Maryland. Of these awards, over $4.7 million will support six projects
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Twelve companies recognized for their efforts to develop and promote green energy technologies

Winners of the USPTO’s 2024 Patents for Humanity and inaugural Trademarks for Humanity competitions are using their intellectual property to meet environmental and climate change challenges
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Impact on the State and Beyond

TEDCO is the hub of Maryland’s entrepreneurial ecosystem. Whether your start up needs mentors, funding, organizational assistance, or facilities for daily operations, your roadmap to success starts at TEDCO. Here are a few highlights from our portfolio:

over$2.7B

in Economic Impact
since 1998

 

over$140M

generated in State and local tax revenue annually

more than12,000

Jobs created in Maryland