Prof. Mathews Named Chair of Maryland Stem Cell Commission

Debra Mathews, Assistant Director for Science Programs and Associate Professor at the Johns Hopkins Berman Institute of Bioethics, has been named to a two-year term as Chair of the Maryland Stem Cell Research Commission. The Commission is focused on identifying and fostering cutting-edge research
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Five new stem cell grants awarded by state commission

The Maryland Stem Cell Research Commission has awarded $1.35 million through five grants as part of the commission’s first round of funding for the fiscal year, the commission announced Tuesday.
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MACHFU AWARDED $1M PHASE II EXTENSION SBIR GRANT FROM THE DEPARTMENT OF ENERGY

Machfu, an industrial Internet of Things technology company, announced today that it has been awarded the Small Business Innovation Research(SBIR) Phase II extension grant for $1 million by the U.S. Department of Energy (DOE). Machfu won the Phase II award in 2017.
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TEDCO Portfolio Company, Veralox Therapeutics Raises $5.4 Million in Seed Funding Co-Led by JDRF T1D Fund and Sanofi Ventures

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Frederick biotech Veralox Therapeutics raises $5.4 million seed round

Frederick biotechnology firm Veralox Therapeutics has raised a $5.4 million seed round of funding, to help push its first drug candidate toward clinical trials.
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NIH Awards Sonavex, Inc. $3 Million Grant to Pursue New Vascular Surgery Applications for EchoMark® & EchoSure®

Sonavex, Inc., a privately held medical device company focused on empowered patient care, announced that it received a $3 million Phase IIB Small Business Innovation Research (SBIR) grant from the National Institutes of Health to use its EchoMark & EchoSure devices to support arteriovenous (AV)
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Educational technology tool InferCabulary makes it easier for students to learn

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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’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 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 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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