BBJ: TEDCO to distribute $5M in COVID relief to rural, disadvantaged startups

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TEDCO is offering financial relief to early-stage companies that have been heavily impacted by the ongoing coronavirus crisis and are in need of bridge funding to survive.
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TEDCO’s Maryland Innovation Initiative accelerates technologies from bench to market

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In the eight years since its launch, MII has disbursed $39M, de-risked 252 unique technologies and created 102 start-ups.
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TEDCO appoints Troy LeMaile-Stovall as new CEO/Executive Director

LeMaile-Stovall has more than 25 years of experience in the fields of investment management, higher education, telecommunications, information/communication technology, management consulting, and non-profit leadership/management. 
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TEDCO’s Builder Fund invests $450K in eight start-ups

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TEDCO’s Builder Fund was created to financially and operationally support the development of startup companies run by entrepreneurs who demonstrate a socially or economically disadvantaged background that hinders access to traditional forms of capital and executive networks at the pre-seed stage.
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TEDCO’s Seed Fund Invests $200K in NewConnect, LLC

TEDCO, Maryland’s economic engine for technology companies, announced April 29 that NewConnect, LLC, a Bethesda-based provider of high speed internet access to commercial buildings and enterprises, received a $200,000 investment from its Seed Fund.   
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