
TEDCO
TEDCO is a Maryland-based organization dedicated to supporting and fostering the growth of technology and life sciences companies in the state.
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TEDCO, the Maryland Technology Development Corporation, is a state-funded organization dedicated to fostering innovation and entrepreneurship in Maryland. They achieve this through a variety of programs, including funding for early-stage technology and life sciences companies, resources for entrepreneurs, and connections to industry professionals. TEDCO plays a crucial role in helping Maryland-based startups succeed by providing guidance, capital, and networking opportunities.
TEDCO is committed to fostering an inclusive and diverse entrepreneurial ecosystem in Maryland. Their Social Impact Funds are specifically designed to engage and invest in economically underserved founders and communities. They have also implemented a Diversity Rider to encourage a more inclusive investor base and promote greater access to wealth for underrepresented groups. This commitment to equity and inclusion strengthens TEDCO's position as a vital resource for Maryland entrepreneurs.
Mission
TEDCO, the Maryland Technology Development Corporation, is a state-run organization dedicated to fostering economic empowerment through an inclusive and entrepreneurial innovation ecosystem. Their mission is to identify, invest in, and help grow technology companies in Maryland, ultimately leading innovation to market and contributing to a robust entrepreneurial ecosystem within the state.
Culture
TEDCO promotes a culture of collaboration, integrity, accountability, respect, and stewardship. They believe in working together to build trust and credibility, pursuing innovation with the highest moral and ethical standards, and managing resources responsibly. They value diversity and inclusion, creating a welcoming environment for employees and stakeholders, and empowering everyone to act in accordance with their values.
DE&I
TEDCO embraces a culture of belonging, actively striving to create a more equitable future through its Diversity, Equity & Inclusion (DEI) initiative. The organization is committed to fostering inclusive and diverse entrepreneurship and innovation across Maryland, through targeted programs and investments focused on traditionally underrepresented communities. This commitment is reflected in its Social Impact Funds, the Urban Business Innovation Initiative (UBII), and the TEDCO Diversity Rider, which actively seeks to increase opportunities and access to wealth for underserved entrepreneurs. TEDCO further collects race, gender, and ethnicity data to better understand and address the needs of diverse communities, ensuring a more equitable entrepreneurial ecosystem for all.
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