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Maryland Technology Development Corporation (TEDCO)

Contact Information

Robert Rosenbaum
5565 Sterrett Place, Suite 214
Columbia, MD 21044
Phone: (410) 740-9442

Service Description

Maryland Technology Development Corporation (TEDCO) is a body corporate and politic and is constituted as a public instrumentality of the State of Maryland (the State). TEDCO’s mission upon creation was to capitalize on the vast underutilized technology assets in the state’s research universities through commercialization. TEDCO’s mission has since been expanded to include business incubation, entrepreneurship and community building.

TEDCO’s program activity includes grants and investments focused on technology commercialization, financial support for incubators, and educational and coaching activities for entrepreneurs. TEDCO also administers the Maryland Stem Cell Research Fund, which promotes State-funded stem cell research through grants to public and private entities in the State, and most recently was tasked with administering the Maryland Innovation Initiative which is focused on supporting technology proof of concept and commercialization projects for known market needs.

The details for all of TEDCO's various funding programs can be found at

Services Offered

Financial Resources and Assistance

  • Angel Investment Providers
  • Obtaining Debt Funding
  • Obtaining Equity Funding
  • Obtaining Government Funding
  • Technology Grants
  • Venture Capital Equity Providers

Manufacturing, High Tech, Life Sciences Development

  • Commercialization
  • High Tech Development
  • Industrial Technology Research
  • Life Sciences Development
  • Manufacturing Development
  • Technology Transfer


  • Formal Mentoring Programs
  • One-on-One Counseling

Product Development

  • Patent Information
  • Product Design & Development
  • Prototype Development

Technical Assistance

  • Commercialization
  • Technology Transfer