Maryland Helps Entrepreneurs

The Maryland Technology Development Corp. (TEDCO) generated nearly $1 billion in economic contributions to the state’s economy last year.

TEDCO’s efforts also generated 4,358 jobs, with an average salary of $74,700 — about $11,000 higher than the statewide average.

A study by Batelle, the world’s largest non-profit research and development organization, reports that TEDCO has:

  • supported the development of over 325 technology-based businesses;
  • funded approximately 650 research projects across the state;
  • mentored almost 800 rural companies through its Rural Business Innovation Initiative; and
  • presents the annual Entrepreneur Expo, a statewide, day-long celebration of entrepreneurship and innovation that has grown to almost 700 attendees.

http://tedco.md/press/tedco-generates-1-billion-in-economic-impact-4358-jobs-to-maryland-economy/

Read the report: http://tedco.md/wp-content/uploads/2016/02/40-Battelle-Final-Report_Jan13-16.pdf

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
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