SBA Awards Grants to 24 Organizations to Support Small Business Innovation and R&D Commercialization

The U.S. Small Business Administration granted 24 awards up to $125,000 per recipient in FY 2019 under its Federal and State Technology (FAST) Partnership Program. FAST’s objective is to improve outcomes for underrepresented entrepreneurs in SBA’s Small Business Innovation Research (SBIR) and Small
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TEDCO awarded SBA FAST grant

The Maryland Technology Development Corporation (TEDCO) was awarded a grant of up to $125,000 Tuesday by the U.S. Small Business Administration under its Federal and State Technology (FAST) Partnership Program.
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TEDCO hires first government relations director

Jody Sprinkle is tasked with strengthening relationships between state legislators and the Maryland Technology Development Corp. (TEDCO), as the funding organization enacts mandated reforms. The state-backed funding organization has created a new director of government relations position and hired
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NextStep, a TEDCO portfolio company, awarded NIH $1M cooperative agreement

NextStep Robotics, a University of Maryland, Baltimore start up tackling stroke rehabilitation, specifically foot drop, has been awarded Phase I of a Fast Track Cooperative Agreement application worth up to $5.4 million over four years by the National Institutes of Health.
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TEDCO announces Entrepreneur Expo for Oct. 29

The Maryland Technology Development Corp. (TEDCO) announced the lunchtime keynote speaker for its annual Entrepreneur Expo, to be held at The Hotel at University of Maryland, on Tuesday, Oct. 29: Linthicum-based Paragon BioServices’ and the University of Maryland, Baltimore’s Marco Chacón.
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TEDCO’s Maryland Innovation Initiative Fund Continues to Deliver Substantial Impact for Maryland Biohealth Companies

TEDCO's Maryland Innovation Initiative (MII), a program designed to propel research from partner universities towards commercialization, has had a strong, demonstrable impact on many important life science portfolio companies in the BioHealth Capital Region (BHCR).
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Protenus completes $17M Series C round, led by LTP with participation from Providence Ventures

Healthcare compliance analytics company Protenus today announced a $17M investment from some of the country’s top healthcare technology investment firms, to keep up with growing customer demand and to continue partnering with health systems that aim to take a more innovative approach to maintain
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TEDCO highlighted as an innovation best practices from around the U.S in the newly released The Brookings Institution report

Examining efforts by competitor states and national leaders
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A TEDCO Portfolio Company, InferCabulary, Joins Google for Education as a Build Partner

InferCabulary, a leader in providing visual vocabulary to support literacy in grades 1-12, announced that it has become a Google for Education Build Partner. InferCabulary was chosen as a partner as it easily integrates with Google for Education products, such as Google Classroom, in addition to
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New TEDCO Task Force Created to Improve Venture Capital and Support Opportunities for Women Entrepreneurs

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TEDCO elects four new board execs amid internal reorganization

Maryland Technology Development Corp. has elected four new executive officers to its board of directors as the organization works to reshape its internal policies to meet new legislative requirements.
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Camber Creek On Board As Real Estate Tech Startup Curbio Raises Millions

Potomac startup Curbio Inc., which helps homeowners renovate their houses to get a higher price at sale, has raised $7.1 million in fresh funding from several big name investors, according to a recent Securities and Exchange Commission filing.
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TEDCO’s Task Force for Women Entrepreneurs

The Maryland Technology Development Corporation (TEDCO), Maryland’s economic engine for technology companies, announced the lineup of thought leaders participating in its new Task Force for Women Entrepreneurs. The task force is dedicated to the recruitment, funding and operational support of women
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RoosterBio Inc., a TEDCO portfolio company, raises $15M in Initial Series B Round

New Funding, Anticipated to Close at $22 Million, to Fuel Growth of its Regenerative Medicine MSC Manufacturing Platform Worldwide, Scale the Organization, and Accelerate R&D Innovation
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Airgility, a TEDCO portfolio company, in the news (Drone industry aims for takeoff in Maryland via The Daily Record)

In April a drone carried a kidney across Baltimore to the University of Maryland Medical Center, where a patient who had waited eight years on dialysis received the organ.
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