Neuroregenerative biotechnology company working to combat Alzheimer's disease
COLUMBIA, Md., (April 14, 2025) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $25,000 Pre-Seed Rural Business Innovation Initiative (RBII) investment in Neuros Biotechnology, Inc. TEDCO’s RBII was designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies based in rural Maryland.
"Alzheimer’s disease is the leading cause of dementia across the globe. It remains incurable and fatal, yet we stand ready to discover a solution," said Simon P. Selwood, CEO of Neuros Biotechnology, Inc. "With the generous support of TEDCO, we can persevere in our research and development efforts. I am hopeful that these endeavors will pave the way to combat this devastating disease and truly make a difference."
Neuros Biotechnology, located in Sunderland, Md., is a neuroregenerative biotechnology start-up working to combat Alzheimer’s disease through neurogenic therapies. Through its process, the company is using a human-derived acellular mixed biologic to rejuvenate neuroplasticity and cognition by activating the naturally occurring neurogenic niche in the temporal lobe, with the intention of halting and reversing the effects of Alzheimer's disease development.
“The RBII program was created to enhance technology commercialization and provide assistance to small and early-stage technology companies in rural Maryland,” said Justin Ferguson, program manager of Venture Development at TEDCO. “We are excited to continue this process by investing in companies like Neuros Biotechnology and supporting the overall ecosystem in Maryland.”
“While TEDCO’s mission is to support start-ups in the technology and life sciences industries, our impact is not possible without the support Maryland provides overall,” said TEDCO CEO, Troy LeMaile-Stovall. “With more than 120,000 workers in the information technology field and 46,000 in life sciences, Maryland is a place for companies to grow. TEDCO’s work supports that growth, providing the connections, resources and funding opportunities needed.”
For more information about mentoring and funding opportunities from the RBII program, please visit https://www.tedcomd.com/resources/rural-business-innovation-initiative.