News Archive

Matt is the Director for Operations and Outreach for the University of Maryland Clark School of Engineering MATRIX Lab at the University System of Maryland at Southern Maryland (USMSM). He promotes the Clark School’s role in the areas of integrated education and research (specifically focusing on

Small business isn’t the predictor of economic vitality you might think it is. Of the 10 countries in the world with the highest rates of companies with fewer than 250 employees, Paraguay, Kenya and Ecuador are included — not exactly major economies. The US states where small business holds the

Matt Scassero, the Director of Operations and Outreach at the Maryland Autonomous Technologies Research, Innovation, and eXploration (MATRIX) Lab, part of the University of Maryland Clark School of Engineering, joined Good Morning Washington to talk about the ground-breaking work happening at the

TEDCO, Maryland’s economic engine for technology companies, held its annual election for the board of directors’ executive officers, reaffirming another term for Chair Omar Muhammad of Morgan State University (MSU). TEDCO’s full slate of executive officers are: • Chair – Omar S. Muhammad • Vice

Omar Muhammad, director of the Entrepreneurial Development and Assistance Center (EDAC) in the Earl G. Graves School of Business and Management at Morgan State University, was reelected chair of the board for fiscal year 2024 at TEDCO, the Maryland Technology Development Corporation announced

SixMap, a Mindshare startup based in Pasadena, Maryland, successfully raised $11.76 million in a recent round. With a focus on reimagining network mapping, SixMap aims to create comprehensive and internet-wide indexes for both IPv6 and IPv4. Leveraging its high-performance computing cluster, SixMap

TEDCO, Maryland’s economic engine for technology companies, Tuesday announced an investment of $1 million in Cerebro Capital Inc. through its State Small Business Credit Initiative (SSBCI). Baltimore-based Cerebro Capital was started in 2017 by founder and CEO Matt Bjonerud to help middle-market

TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 State Small Business Credit Initiative ( SSBCI) investment into KaloCyte, Inc. This investment came through TEDCO’s Venture Funds.

Mosquitoes are one of many vectors – insects that can transmit infectious pathogens among humans, or from animals to humans. According to the World Health Organization, “vector-borne diseases account for more than 17% of all infectious diseases, causing more than 700,000 deaths annually.”. This is

Theradaptive, a biopharmaceutical firm pioneering advancements in targeted regenerative therapeutics, has been awarded the Manufacturing Assistance Program grant by theMaryland Stem CellResearch Fund (MSCRF). The grant will help Theradaptive develop their GMP Manufacturing Facility in Frederick

Aidar Health snares TEDCO grant By Mark R. Smith Senior Writer The first two sentences on Aidar Health's website get to the point about its health checking device, MouthLab: "Creating a new paradigm for personalized care at home. Reimagjning today's

For example, 56% of all investments in the last three years have gone to minority founders, according to TEDCO, a Columbia-based, Black-led company whose mission is to “identify, invest in, and help grow technology companies in Maryland” “The national average is between 2% to 10%, [meaning] we are

TEDCO, Maryland’s economic engine for technology companies, announced a $500,000 State Small Business Credit Initiative ( SSBCI) investment into Longeviti Neuro Solutions, LLC. This SSBCI investment came out of TEDCO’s Venture Funds.

TEDCO, Maryland’s state-created investor for technology companies, has bid farewell to a cybersecurity firm from its portfolio. On Thursday, the funder announced the successful exit of Ellicott City-based Blackpoint Cyber. This exit came nearly five years after TEDCO’s Seed Funds provided an initial

TEDCO, Maryland’s economic engine for technology companies, announced a Seed Funds investment of $250,000 into Astek Diagnostics, a life sciences company fighting antibiotic resistance through innovative technology. In addition to this investment through the Life Sciences Investment Fund – a funding