TEDCO launches $1M fund to help Maryland startups bridge the 'funding gap'

Favicon The Washington Business Journal

The Maryland Technology Development Corp. is launching a $1 million fund to help technology startup firms cover the gap between seed funding and venture capital investments. The Gap Investment Fund program was included in Gov. Larry Hogan’s fiscal year 2018 budget. State-backed TEDCO will provide up to $500,000 in gap funding to Maryland startups to help with hiring, expanding technology, scaling a product and increasing market reach. The funds must at least be used to hire additional employees...

Read the full article here: The Washington Business Journal


The post: «TEDCO launches $1M fund to help Maryland startups bridge the 'funding gap'» has been published on the website The Washington Business Journal where, everyday, you can find the latest news about Washington's area.



Get more articles about this topic

Leave a comment