TEDCO Announces Move to Downtown Columbia
TEDCO (Maryland Technology Development Corporation), Maryland’s economic engine for technology companies, announced its move to Merriweather District in Downtown Columbia. This announcement follows the news that the greater Baltimore region has received a federal tech hub designation.
“This move represents more than a change of scenery,” says Troy LeMaile-Stovall, TEDCO CEO. “It’s a testament to TEDCO’s strategic decision making aimed at enhancing our support for Maryland’s innovation ecosystem.” The new, centralized office offers great opportunities for TEDCO staff and its collaborators. The organization is Maryland’s leading funding source for early-stage, technology-based businesses. It works to provide business assistance to entrepreneurs and foster technology transfer and commercialization from the State’s universities and Federal labs. Its mission strives to identify, invest in, and help grow technology companies in Maryland.
“TEDCO is a great fit for Downtown Columbia’s thriving ecosystem,” said Kristi Smith, president of the Maryland region for Howard Hughes. “Downtown Columbia is perfectly positioned to meet the demands of today’s workforce with our city’s convenient location, high-quality office space with walkable amenities, access to top talent and an environment that provides a wonderful quality of life for all. We look forward to collaborating with TEDCO in its mission to bring more innovative companies to life.”
TEDCO is scheduled to relocate its offices to 10960 Grantchester Way, Suite 110, Columbia, Maryland in Q1 2024.