The U.S. Small Business Administration's Office of the Chief Operating Officer awarded a $1,150,000 Congressional Grants project grant (CFDA 59.059) to the Maryland Technology Development Corporation (TEDCO). The grant will provide funding for TEDCO's small business development and entrepreneurship initiatives in Maryland over a 3-year period from July 1, 2024 to June 30, 2027. Specific activities to be supported include the operation of small business incubators, funding for SBIR/STTR proposal development, and other programs aimed at strengthening the technological competitiveness and commercialization participation of Maryland's small, high-technology companies, particularly those owned by minorities, women, veterans, and entrepreneurs in underserved communities.
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