Rural Maryland-based company developing solutions for healthcare staffing shortages
COLUMBIA, Md., (February 13, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent funding of $25,000 from the Concept Capital program to Nurse Lynx. Concept Capital is the bridge to early-stage funding that some entrepreneurs need; providing flexible funding and specialized support, the program helps businesses prepare for future venture opportunities.
“With this funding, I am confident that Nurse Lynx can continue moving forward, providing options that will address the current healthcare shortages we’re seeing,” said Judith Walker, CEO of Nurse Lynx. “I highly encourage any innovative entrepreneurs to look toward TEDCO for resources and opportunities that can help your business thrive.”
Nurse Lynx, located in Westminster, Md., provides solutions to address healthcare staffing shortages and illness management. Through its platform, the company focuses on three aspects – health literacy, direct patient care and noninvasive monitoring devices. Through these three focal points, it seeks to develop technology solutions that support the real time healthcare needs of facilities and patients without sacrificing the quality of care.
“The Concept Capital program was created to support businesses in Maryland, allowing us to remain inclusive and reach those located in rural Maryland,” said Graham Dodge, vice president of Venture Development at TEDCO. “Through these funds, we hope to see Nurse Lynx’s continued growth and support for patients and providers.”
Nurse Lynx has taken advantage of other programs and resources offered through TEDCO, including the Prelude Pitch, IPGen, Network Advisors and the Rural Business Innovation Initiative (RBII).
“Maryland is dedicated to leaving no business behind,” TEDCO CEO Troy LeMaile-Stovall explained. “Through programs like Concept Capital, TEDCO is supporting this initiative and working towards a sustainable and competitive ecosystem.”
TEDCO’s Concept Capital program was created to provide critical early-stage funding for tech companies in need of assistance to further launch and grow their business, allowing Maryland to become a hub for entrepreneurial success. For more information about the Concept Capital program, please visit tedcomd.com/funding/concept-capital.