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Hospital Innovation Programs Directory

An independent editorial resource published by Lisa T. Miller

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Healthcare company-building profile

TEDCO (Maryland Technology Development Corporation)

State of Maryland

AcceleratorGovernment or nonprofit acceleratorNonprofitActive

Source-based profile

Program at a Glance

Program type
Accelerator
Program category
Government or nonprofit accelerator
Organization
State of Maryland
Organization type
Nonprofit
Location
Columbia, Maryland
Company stage served
Pre-seed to Seed to Early stage
Cohort or participation model
Not a cohort program; rolling application to funds and programs
Investment or funding offered
Yes
Published investment terms
Pre-seed and seed investment through Builder Fund and other TEDCO funds; specific check sizes vary by program
Equity or fee model
Not publicly documented
Clinical or hospital connection
Not publicly documented
Application status
Active
Founded
1998

Public description

About the program

TEDCO is Maryland's state-created economic development corporation for technology commercialization and early-stage investment, and life sciences is one of its most active sectors. Its Pre-Seed Builder Fund, seed funds and Maryland Innovation Initiative back medical device, diagnostics and biotech startups across the state. TEDCO combines direct investment with entrepreneur support programs rather than running fixed cohorts.

What the program publicly emphasizes

Focus areas and features

Life sciencesMedical devicesDiagnosticsTherapeuticsDigital health
  • Category: Government or nonprofit accelerator
  • Program structure: Not a cohort program; rolling application to funds and programs
  • Published terms: Pre-seed and seed investment through Builder Fund and other TEDCO funds; specific check sizes vary by program

Sources

External source links open in a new tab.

  1. tedcomd.com
  2. tedcomd.com
  3. medamd.com