Spotlight: Maryland Funds Profile

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Funds Profile: The Maryland Technology Development Corporation (TEDCO)/Maryland Venture Fund Are Key Resources for MD Startups

TEDCO is Maryland’s leading source for entrepreneurial business assistance, pre-seed, seed and venture funding for the development of startup companies in Maryland’s innovation economy. In October 2015, TEDCO completed its consolidation with Maryland Venture Fund (MVF), a fund that invests in early stage companies ready for VC investment, as compared to the seed stage funding TEDCO typically provides. The consolidation brought an additional $106 million in overall assets under TEDCO’s management. Andy Jones, the Managing Director for MVF, talked about how the two organizations have …read more

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