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.

Read the report:


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:
This entry was posted in Funding Portals, Legislative Intent, Small Business, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s