The Maryland Technology Development Corporation’s (TEDCO) Seed Funds are invested in companies that show promise of becoming venture-fundable or that, with seed investment, can become sustainable through customer revenue, follow-on funding, or other forms of corporate investment.
Donor Name: Maryland Technology Development Corporation
State: All States
County: All Counties
Type of Grant: Grant
Deadline: 12/31/2025
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
TEDCO is pleased to be one of the direct participants in the deployment of Maryland’s State Small Business Credit Initiative (SSBCI). This money will support TEDCO’s Seed Funds, which are invested in companies that show promise of becoming venture fundable companies or are companies that, through a seed investment, will be sustainable through customer revenue, follow-on funding, or other forms of corporate venture.
TEDCO’s aims to be a resource to all seed companies and encourage stage appropriate companies to reach out to directly.
The Seed Funds are a family of four funds each investing in early-stage technology companies. Investments are made through convertible debt and equity instruments with check sizes ranging from $100K to $500K.
- Cybersecurity Investment Fund – Invests in cybersecurity and information technology companies
- Life Sciences Investment Fund – Invests in companies with an FDA pathway
- Technology Commercialization Fund – Invests broadly in early-stage technology companies (Funds are 100% deployed for FY25)
- Gap Investment Fund – Invests broadly in early-stage technology companies – requires matching funds
Eligibility Criteria
TEDCO’s welcomes early-stage technology start-ups from all industries to apply. However, to be applicable, a company must meet all of the following qualifications:
- Principal place of business is in Maryland
- At least one full-time employee
For more information, visit TEDCO.
