Governor Larry Hogan announced enhanced funding opportunities for technology startup companies through the Maryland Technology Development Corporation (TEDCO). TEDCO’s Technology Commercialization Fund (TCF) and Cybersecurity Investment Fund (CIF) will now provide up to $225,000 to support projects that advance a technology toward commercialization in Maryland.  In addition, TEDCO is broadening the scope of the TCF program by eliminating certain eligibility requirements.  This change opens the door for more Maryland companies to participate in the program.

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