Date: Jul 22, 2013 Author: Ryan Marrow Source: bizjournals (
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The Maryland Technology Development Corp. (Tedco) has invested $1.1 million in 14 state startups.
The grants were made through the organization's Technology Commercialization Fund. The money will be put toward advancing the each company's technology and product commercialization efforts.
The startups represent industries including medicine and disease treatment, health care, biopharmaceuticals, software development and systems integration. Here is the list of winners:
• Common Curriculum LLC, Diagnostic Biochips Inc. and Firejack Inc. were each awarded $100,000.
• Authentik Solutions LLC; Brain Sentry LLC; Clear Guide Medical LLC; ConverGene LLC; Cordex Systems LLC; Pregmama LLC; SameGrain, Inc; TimberRock Energy Solutions, Inc. and Vasoptic Medical, Inc. each received $75,000.
• Magpie Sensing LLC was awarded $74,990
• Weinberg Medical Physics LLC received $60,000
