Maryland Loves Its Start-Ups

When it comes to the need for technological innovation, Maryland has been putting its money where its mouth is for more than 20 years. The state legislature established TEDCO in 1998, and in just two decades, the economic impact to the state has exceeded $1 billion.
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Hopkins faculty and startups receive translational funding from TEDCO

This summer, two Hopkins faculty members and two Hopkins startups will receive funding from the Maryland Innovation Initiative (“MII”) to commercialize promising technologies.
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Frederick firm bringing wearable nanotechnology to market with TEDCO funding

A Maryland startup aiming to bring nanotechnology to the wearable tech space has earned a $25,000 investment from Maryland Technology DevelopmentCorp., to help it move closer to market.
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Neuraly, a TEDCO MII and MVF portfolio company, launches with $36M funding round

The Maryland biotech startup is developing new treatments for Parkinson’s disease and Alzheimer’s disease.
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Latest TEDCO-funded rural startup, GOEFER, developed a power strip to help cut down your energy costs

A Frederick startup working to help save consumers and companies money on their energy consumption is ramping up sales with a new $25,000 investment from Maryland Technology Development Corp.
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Md. manufacturing startup, Xometry, acquires competitor and raises $25 million, to include TEDCO’s Maryland Venture Fund

Gaithersburg manufacturing platform Xometry acquired a competitor and raised $25 million, the startup announced Tuesday.
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How a TEDCO portfolio company, Adaptive Phage Therapeutics, is saving lives with bacteria-killing viruses

Dr. Carl Merril began researching bacteria-killing viruses at National Institutes of Health in 1965, leading to a partnership with the U.S. Navy’s biological defense group to combat potential bioterrorism attacks with superbugs.
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Two Baltimore university-born startups move their tech closer to market with fed funds

Cykloburn Technologies, born out of Morgan State University, has also been awarded a $225,000 Phase I grant.
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Cykloburn Technologies Wins SBIR Phase I Grant

Cykloburn Technologies LLC, a company developing a low-emission combustion system that converts biomass into energy, announced that it has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) Phase I grant.
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TEDCO has new funding and programming for underserved founders

TEDCO plans to provide funding and business-building programming to entrepreneurs from groups who are often overlooked by investors through a new fund that will begin this fall.
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Journey from Intern to CEO – inConversation with Brad Hennessie of NextStep Robotics

The secret to becoming a successful CEO “Build your own comfort level with being uncomfortable”.
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Checking in with Legends of Learning, the edtech startup providing games for teachers to assign

CEO Vadim Polikov said the company has been growing its slate of science-oriented games.
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RackTop Systems Named Best Storage & Backup Solution at 2018 SIIA CODiE Awards

RackTop’s BrickStor platform that offers high-performance Software-Defined Storage embedded with advanced security, encryption and compliance earns prestigious industry recognition
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RoosterBio Inc., a TEDCO portfolio company, becomes Industry Partner in NSF-Funded Public-Private Cell Manufacturing Technologies Initiative

RoosterBio Inc. has joined the new NSF Engineering Research Center for Cell Manufacturing Technologies, known as CMaT.
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Inova Personalized Health Accelerator Invests in CoverMyTest, a New Software Platform that Speeds Insurance Verification for Genomic Testing

Prior Authorization Software Facilitates Broader Access to Genomic Testing
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