Maryland TEDCO restructures to funnel more money into state start-ups
One of Maryland’s most active early-stage investors, the Technology Development Corp. , or TEDCO, has restructured some of its existing programs and added others in hope of funneling more money to the state’s upstarts. Created by the Maryland General Assembly in 1998, TEDCO has almost exclusively invested state money to date. That will change under its new programs, which […]
InvestMaryland Forum Draws More Than 200 Entrepreneurs, Venture Capitalists
BALTIMORE, MD – The Maryland Venture Fund Authorityalong with the Maryland Department of Business and Economic Development (DBED) hosted a free public forum on InvestMaryland – a state sponsored initiative to invest in the Maryland’s start-up and early stage companies. The forum, held on the Johns Hopkins University Rockville campus, drew more than 200 entrepreneurs, venture capitalists and other […]
Maryland partners with London VC firm to vest InvestMaryland early-stage fund
The Maryland Department of Business and Economic Development has chosen Altius Associates of London to oversee the state’s new InvestMaryland program.
Invest Maryland: Insurance-company credits lead to new start-up dollars
Eleven Maryland-based insurance companies recently won an online auction of tax credits that generated $84 million for a program designed to invest in “promising” new in-state companies. Martin O’Malley Gov. Martin O’Malley last year created InvestMaryland, implemented through the Venture Fund Authority and the Maryland Department of Business and Economic Development (DBED), to invest in […]