The Latest on Innovation &
Entrepreneurship in Maryland
February 2020

TEDCO Portfolio Company Spotlight:

Gaithersburg, Maryland-based, Adaptive Phage Therapeutics (APT) is developing phage-based therapies designed to target specific bacteria strains, as contrasted with antibiotics, which target multiple types of bacteria.

APT announced that the DoD had awarded it $10.2 million to fund a clinical trial to develop its personalized bacteriophage therapeutic, PhageBank.


Apply today for Campus Manager:
1776 @ Greencourt Innovation Center

Shore Hatchery Program at Salisbury University

Deadline for submissions: April 6, 2020

Startups and Entrepreneurship Industry Day
Thursday, February 6, 2020
5:00 PM - 7:00 PM
Spark Baltimore

Marketing Matters Presents: Corporate Culture Counts
Tuesday, February 11, 2020
4:00 PM - 6:00 PM
Maryland Innovation Center

2020 Economic Development Day in Annapolis
Tuesday, February 18, 2020
10:00 AM - 2:00 PM
Miller Senate Building - Annapolis

CONNECTpreneur Baltimore Forum
Wednesday, February 19, 2020
7:30 AM - 12:00 PM
Johns Hopkins Carey Business School

Commercialization of University Inventions
Friday, February 21, 2020
1:30 PM - 4:30 PM
George Mason University

Digital Health IT Webinar with Frost and Sullivan
Friday, February 28, 2020
10:00 AM - 11:00 AM

Theraly Fibrosis , a TEDCO portfolio company, awarded $3.9 Million SBIR Phase II grant to support the development of TLY012 for Chronic Pancreatitis

Theraly Fibrosis, a preclinical-stage biotechnology company focused on development and commercialization of drugs for various fibrotic diseases today announced the company has been awarded a Small Business Innovation Research (SBIR) Phase II grant by the National Institutes of Health (NIH) in the amount of $3.9 million to support development of TLY012 for treatment of chronic pancreatitis.

Datakwip , Frederick-based Company, Internationally Recognized as a Top 50 Startup Working in Construction Technology

Datakwip, a building analytics software company in Frederick, Maryland, was internationally recognized in CEMEX Ventures top 50 most promising start-up companies working in construction technology.

CEMEX Ventures, Boston Consulting Group (BCG) and Tracxn recently announced their list of the 50 most promising startups working in the construction industry. The 50 start-up companies were internationally selected for their potential in solving the challenges faced in the construction technology industry today. Datakwip was highlighted as a leader in project and jobsite management for their work in reducing energy consumption in the commercial building space. This prestigious recognition further establishes Datakwip as a highly investable company and confirms the substantial impact Datakwip is making in the built environment.

TEDCO Maryland Innovation Initiative awardee Anthony Kim in the news

Researchers at the University of Maryland School of Medicine (UMSOM) developed a new nanoparticle drug formulation that targets a specific receptor on cancer cells and appears to be more effective than a standard nanoparticle therapy currently on the market to treat metastatic breast cancer, according to a study published today in the journal Science Advances. The new ‘DART’ nanoparticles bypass healthy cells and tissues and bind to tumor cells, dispersing evenly throughout the tumor while releasing the chemotherapy drug paclitaxel.

The United States Of Venture Capital: The Most Active VC In Each State (including TEDCO's Maryland Venture Fund)

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country.

Using CB Insights data, we analyzed the most active venture capital firm investing in tech startups in every US state.

Industry-leading companies & experts, to include TEDCO thought leaders, are presenting at the Phacilitate World Stem Cell Summit

Phacilitate Leaders World & World Stem Cell Summit have combined into one conference in 2020! Taking place January 21 – 24, 2020 in Miami, the event has attracted more than 1,600 attendees from across the entire ecosystem of the advanced therapies industry and from all around the globe.

6 People in the BioHealth Capital Region You Should Know In 2020 (to include TEDCO's Linda Singh )

Retired Major General Linda Singh was just appointed as interim Executive Director/Chief Executive Officer (ED/CEO) for TEDCO as of January 2020. Singh joins TEDCO at a critical time for Maryland’s investment engine for start-up technology and life science companies. A rocky 2019 brought sweeping leadership exits and a moratorium on investing for TEDCO. Singh takes charge just as TEDCO is allowed to begin accepting applications for investments again in its Rural Business Innovation Initiative (RBII Fund), Builder Fund (Builder Fund), Seed Funds (Seed Fund) and Maryland Venture Fund (MVF).

TEDCO's Linda Singh adds another post-retirement job as Towson U leader-in-residence

Retired Maj. Gen. Linda L. Singh, former adjutant general of the Maryland National Guard, has joined Towson University as its first leader-in-residence, the university announced Monday.

The position is a second role announced for Singh this month. She earlier joined the Maryland Technology Development Corporation as its interim CEO.

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