UMB and Hopkins recently collaborated on two different incubator projects as part of a funding competition presented by the Maryland Technology Development Corp. Both projects will now be brought to life, using the $125,000 they each won in the challenge.
TEDCO is partnering with local investment and advisory firm Evergreen Advisors to grow a program that offers startups temporary access to experienced executives.
TEDCO (Maryland Technology Development Corp.) has various programs that provide funding for startups including the Maryland Innovation Initiative that provides early stage funding for projects that originate from Johns Hopkins, University of Maryland and Morgan State.
During the the Maryland Technology Development Corp.’s recent Entrepreneur Expo, local investors John Cammack and Chris College of TCP Venture Capital joined a few startup founders to discuss what it takes for a young company to land an attractive investment.
After seeing the strength of the six finalist projects and evaluating each of the teams’ proposals, TEDCO board members decided to up their $300,000 offer, and fund every one of them.
Expo will bring together startup to seasoned entrepreneurs from across Maryland for a full-day conference to promote the State’s innovation economy; Forcepoint’s Guy Filippelli and Terra’s Kitchen Mike McDevitt, will serve as the keynote speakers.
Six companies, from medical technology to food service, will be vying for a $25,000 grand prize at this year's Beta City live Venture Capital Pitch Day competition.
McKeever “Mac” Conwell spent about six years working on two separate startups. He has built technologies, assembled staffs, gone through multiple accelerator programs and experienced the struggles of seeking funding and being in charge.
Last month, Baltimore cybersecurity analytics startup RedOwl announced it had been acquired by cybersecurity firm Forcepoint, a subsidiary of Raytheon. For the most part, the acquisition was a validation for both RedOwl and the Baltimore tech community in general.
With much of the focus on Maryland’s tech startup community centered on Baltimore and the I-270 corridor, the Maryland Technology Development Corporation (TEDCO) has developed a mentorship program to help give companies in the state’s rural areas the same access to opportunity.
The Innovation Center was launched in 2016 through collaboration with the Dorchester County Economic Development, the Maryland Department of Commerce, and the Technology Development Corporation (TEDCO).
George Davis, CEO of Maryland Technology Development Corp., said having the state and federal governments as active partners in the tech community is also a strategic advantage for Maryland.
