TEDCO’s MII invested $1.8M in 12 companies and over $4.4M awarded to 36 project grants
COLUMBIA, Md. (November 22, 2021)
TEDCO, Maryland’s economic engine for technology companies, announced its recent round of funding, including investments in 12 start-up companies and funding to 36 university projects through the Maryland Innovation Initiative (MII).
Established in 2012, the MII program was created as a partnership between the State of Maryland and five Maryland academic research institutions: Johns Hopkins University; Morgan State University; University of Maryland, Baltimore; University of Maryland, Baltimore County; and University of Maryland, College Park. The program’s mission is to accelerate promising technologies with significant commercial potential to market while leveraging each partner University’s strengths.
A full list of funded companies can be viewed on the MII website. Visit TEDCO’s YouTube Channel to view an MII highlight video: https://youtu.be/2rxq9EcjQNQ.
The program also funded a total of 36 grants for FY21 for its technology assessment projects. Read More