Garrett County Government - Department of Business Development

TEDCO Accepting Applications for Technology Funding Programs

Last Updated on Dec 2, 2021 at 4:15pm | Business Resources

The Maryland Technology Development Corporation (TEDCO) continues to accept applications for the following funding programs::
 
Seed Funds:  Seed Funds are a family of four funds - Cybersecurity Investment Fund, Life Sciences Investment Fund, Technology Commercialization Fund, and Gap Investment Fund - that invest in early-stage technology companies.
 
Builder Fund: The Builder Fund invests in pre-seed technology startup companies via convertable notes or other financial instruments. 
  
Maryland Venture Fund:  The Maryland Venture Fund is an early-stage, evergreen venture capital fund dedicated to funding and growing the next generation of outstanding businesses in Maryland. 
 
Federal Tech Transfer Fund:  TEDCO works with the Federal labs to support their technology transfer efforts and to connect the labs to Maryland entrepreneurs, who are creating technology-based companies, and to existing companies, which are adopting new technologies to become more competitive and to scale.  
 
Rural Business Innovation Initiative (RBII):  The RBII is designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies in rural Maryland.
 
CLICK HERE to access other TEDCO resources.