First investments from TEDCO’s Concept Capital Program total $150K
The first five awardees for TEDCO’s new Concept Capital program previously applied to its Rural Pre-Seed Fund or the Social Impact Funds and received a $25,000 investment from the new program, plus an opportunity to obtain an additional $25,000 at the 2024 Entrepreneur Expo, where they competed against each other in a friendly pitch competition.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
Tammi Thomas, President, TEDCO, tthomas@tedcomd.com
Rachael Kalinyak, Associate Director, Marketing & Communications, TEDCO, rkalinyak@tedcomd.com