TEDCO Signs $50 Million Investment Agreement with Taiwan’s TAIIDA and SFIC Group
The agreement will support collaborative efforts to expand the innovation ecosystem
TEDCO, Maryland’s economic engine for technology companies, announces a recent agreement signing with Taiwanese entity APAC Investment and Innovation Development Association TAIWAN (TAIIDA) and SFIC Group. The new agreement will enable up to $50 million in investment capital from TAIIDA and SFIC Group to co-invest with qualified TEDCO investment programs while also signifying a newfound commitment to collaboration across borders.
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