BALTIMORE, MD—Entrepreneur magazine ranked the Maryland Technology Development Corp. the most active early-stage investor in the nation for the fourth straight year.

Known as Tedco, the organization invested $4 million in 71 companies since 1998.

Tedco says the companies brought in more than $152 million in additional investments to the state.

Tedco Executive Director Renée Winsky said, “Funding at the earliest stage of a company’s existence is the riskiest form of investing, but it’s also the most important in terms of making or breaking a new organization.”

The Maryland General Assembly created the organization to spark the growth of state businesses through technology transfer from universities to the marketplace.

For more see: http://www.marylandtedco.org/

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