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TEDCO Announces State-Backed Investment Fund for Cybersecurity Companies

September 04, 2014

The Maryland Technology Development Corporation (TEDCO) announced that it received state-backing for its Cybersecurity Investment Fund (CIF) – a fund that helps companies across the state develop and commercialize new cybersecurity products. TEDCO will make investments of up to $100,000 to help companies achieve early technical milestones that are critical to the commercialization process. Technologies eligible for CIF funding include devices and software that protects networks and components of networks from unintended or unauthorized access, vulnerabilities, attacks, use, change, or destruction. Additionally, computer and critical infrastructure security includes protection from unplanned events and natural disasters. Read the announcement…

Learn More at SSTI's 2014 Annual Conference!
Join us for Private Funds in Nonprofit Innovation Initiatives, TEDCO’s President & Executive Director Robert Rosenbaum and Tom Walker, President & CEO of TechColumbus, will share their insight on the role of venture development organizations in helping support regional prosperity through geographically focused equity investment funds. For more information about this session and many others visit the conference website: http://ssticonference.org/.

Marylandstate tbed, commercialization, r&d