TT/ED  TEDCO

http://www.marylandtedco.org





     Office Locations:

5565 Sterrett Place, Suite 214
Columbia, MD 21044
Phone: 410-740-9442
Fax: 410-740-9422

 

Stages:

  • Early


 

Industries:

  • Communications & Networking
  • Information Technology
  • Life Sciences & Healthcare
  • Software & Internet

  •  

    Description:

    Maryland Technology Development Corporation (TEDCO) was created by the State legislature in 1998 to facilitate economic growth in the state. TEDCO Capital Partners (TCP) manages a family of specialized venture capital funds. Among many programs, TEDCO operates the Technology Commercialization Fund (TCF), which provides up to $100,000 to support projects that advance a technology toward commercialization. Another program, the University Technology Development Fund, provides grants of $50,000 to Universities, which are obliged to share revenues with TEDCO on intellectual property created or developed with a UTDF grant. A University must pay TEDCO 25% of all revenue received for rights to intellectual property developed with UTDF capital until it has repaid two times the UTDF funding provided. Another initiative, the Incubator Development Fund program, provides funding for capital expenditures in the development of new and the renovation of existing technology incubators in the state. The Chesapeake Regional Innovation Fund (CRIF) invests in early-stage companies which intend to create significant commercial enterprises based on potentially game-changing technologies developed at the region's federal research labs and major research universities.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Christopher G. College Managing Partner
    Dan Gincel Executive Director
    Gino Dellarocco General Partner
    Henry Ahn Program Manager
    John M. Wasilisin Executive Vice President and Chief Operating Officer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      04/19/2018


      Cerebro Capital


      MD


      undisclosed


      Series A


      03/07/2018


      Bandura Systems


      MO


      $3,500,000


      Seed


     

    Portfolio companies include:


      Allovue
        web link


      Authentik Solutions
        web link


      Bandura Systems
        web link


      Brain Sentry
        web link


      BuddyCast
        web link


      Cerebro Capital
        web link


      Clear Guide Medical
        web link


      Common Curriculum
        web link


      ConverGene
        web link


      Cordex Systems
        web link


      Diagnostic Biochips
        web link


      Firejack
        web link


      Integrated BioTherapeutics
        web link


      Ionova
        web link


      Magpie Sensing
        web link


      Next Development
        web link


      Pregmama
        web link


      RedOwl Analytics
        web link


      SameGrain
        web link


      Social Toaster
        web link


      TimberRock Energy Solutions
        web link


      TRX Systems
        web link


      Vasoptic Medical
        web link


      Weinberg Medical Physics
        web link


      Woofound
        web link


     

    Recent News:


      There is no recent news for TEDCO.