The Maryland Technology Development Corp. invested a total of $1.2 million in five state startups through its seed fund. TEDCO has invested hundreds of thousands of dollars in young, growing companies across the state through its multiple funding initiatives. The state-backed organization has about 140 active seed fund investments. To qualify for seed funding, companies must be based in the state, be a small, seed-stage firm — generally less than five years old with fewer than 20 employees…
from https://www.bizjournals.com/baltimore/news/2018/03/21/tedco-doles-out-1-2-million-seed-funds-5-startups.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172104761527
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