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Article: United States: TEDCO awards $727K to tech startups.
- Article from:
- TendersInfo
- Article date:
- January 13, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayc03
The Maryland Technology Development Corporation (TEDCO) gave a total of $726,710 to 10 high-tech startups from the organization s technology transfer fund.The fund is meant to encourage partnerships between Maryland businesses, universities and federal laboratories to bring new technologies to market. The Maryland Technology Transfer Fund plays a vital role in facilitating commercialization of groundbreaking technologies as demonstrated by the collaboration with these ten promising companies, said Maryland Gov. Martin O Malley.
O Malley proposed the BIO 2020 Initiative, which will increase the state s tech transfer funding to $5 million ...