The Latest on Innovation &
Entrepreneurship in Maryland
April 2019

TEDCO Portfolio Company Spotlight:

NextStep Robotics, a portfolio company from TEDCO's Maryland Innovation Initiative, is a robotics company developing a low-cost, portable ankle robot to help treat foot problems and improve function in patients who use assistive devices to walk.

NextStep is providing clinics the ability to offer personalized robotic therapy to patients through adaptive software that provides a personalized assist as needed approach. This is the first ever clinically proven option to effectively treat foot drop. Their robot is easy to use and designed to be run by lower skilled clinic staff freeing up therapists to focus on more hands modalities.

There are a lot of educational materials on entrepreneurship that can be found on-line. The current thinking around best practices in entrepreneurship revolves around the lean start-up approach. TEDCO believes strongly that entrepreneurs in most technology sectors should follow these practices when working to establish a company. Find resources that may be helpful with accomplishing those goals on TEDCO's website.

WIB-Capital Region: Social Media and Personal Interactions

Wednesday, April 10, 2019
8:00 AM - 9:30 AM
University of Maryland, Baltimore
Prelude Pitch: Off-Site

Friday, April 12, 2019
10:00 AM - 2:00 PM
University of Baltimore

Register Now to pitch or observe
SoMD Innovates! Innovation Outreach Discovery Event
Wednesday, April 17, 2019
1:00 PM - 4:00 PM
College of Southern MD - Prince Frederick

Potential of Edtech: In STEM We Trust
Thursday, April 25, 2019
6:30 PM - 8:30 PM
Baltimore Robotics Center

Anchor Ventures: PowerTen
Thursday, April 25, 2019
4:30 PM - 7:00 PM
JHTV FastForward

MEDA 2019 Annual Conference
April 28 - 30, 2019
Hyatt Regency Chesapeake Bay

Innovation Celebration
Monday, May 6, 2019
5:30 PM - 8:30 PM
Delaplaine Visual Arts Center

EYECON: The Premier Youth Entrepreneurship Conference
Thursday, May 9, 2019
8:00 AM - 2:00 PM
Morgan State University

Cybersecurity Impact Awards
Tuesday, May 14, 2019
5:30 PM - 8:30 PM
SPACES - The Artisphere

Maryland Tech Council's Industry Awards Celebration
Wednesday, May 22, 2019
5:30 PM - 8:30 PM
Bethesda North Marriott Hotel

2019 Technology Showcase
Wednesday, June 12, 2019
6:00 PM - 9:00 PM
FNLCR Advanced Technology Research Facility

With the assistance of TEDCO’s mdPACE Program, Linshom Management LLC – a TEDCO seed portfolio company – submitted its 510(k) application to FDA on March 20th. The Company is seeking FDA clearance for it’s innovative respiratory monitoring device. Independent assessments suggest that Linshom is operating in a $4B US market that is growing at a rate of nearly 10% per year. FDA clearance is expected in early 3Q2019 and the Company is currently raising an investment round in expectation of that clearance.
Adaptive Phage Therapeutics , a TEDCO Portfolio Company, with two exciting announcements

Proudly representing biotech Innovation in MoCo, Adaptive Phage Therapeutics was featured in a video produced by the Montgomery County Economic Development Corporation (MCEDC).

More exciting news for Adaptive Phage Therapeutics, they had PhageBank case published representing a case of IV phage used to treat a poly-microbial bone infection.

Vixiar Medical Raises $1.5 Million in Additional Financing

Vixiar Medical, Inc., a privately held Maryland company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases, announced today that it closed its most recent financing of $1.5 million from new and existing investors. Proceeds will be used to complete an ongoing clinical trial and to prepare regulatory submissions.

Johns Hopkins spinout and TEDCO portfolio company Vixiar gets $1.5M for tablet-based cardiac measurement system

Vixiar's system measures left ventricle end-diastolic volume by walking the patient through a special breathing exercise.

BurnAlong , a TEDCO portfolio company, raises $1.5M, moves to new offices in Pikesville

The startup is looking to offer its streaming health and fitness classes to organizations for use by employees.

Sonavex receives FDA clearance for blood flow monitoring technology

The clearance for EchoSure marks the second regulatory approval for a product from the Canton-based medical device startup in a year.

TEDCO generated $1.6B in economic benefits in 2018, study shows

An independent study released shows The Maryland Technology Development Corporation (TEDCO) generates $1.6 billion in economic impact for the state and suppported 7,746 jobs.

VoiceVibes , a TEDCO portfolio company, uses AI to automate the process of polishing speech

Founder Debra Bond Cancro on the company's algorithms and approach: "The idea of giving people feedback about how others perceive them is what makes us really novel."

Check out Sisu Global Health on the 60 Minutes segment featuring the Rise of the Rest. Congrats to Carolyn Yarina and the team! (A TEDCO portfolio company)

Catalyte and Sisu Global Health were among the companies that made an appearance Sunday night on CBS.

Congrats to the inaugural Bisciotti Foundation Translational Fund awardees, especially Dr. Tian-Li Wang, Dr. Edward James Wright III (TEDCO MII alumni) and Dr. Warren Grayson ( MSCRF awardee)

Four Johns Hopkins professors received grants through a fund created to help faculty put their research on a path to commercialization.

TEDCO portfolio company remodelmate announces nationwide project financing partnership with SoFi

This partnership will allow remodelmate customers to apply for financing through SoFi for home renovation projects.

This group is where women leading startups learn from each other

The monthly meetings of TEDCO's Women's Executive Leadership Roundtable help execs deal with business challenges — gender-specific and otherwise — alongside peers.

TEDCO generated $1.6B in economic benefits in 2018, study shows

An independent study released shows The Maryland Technology Development Corporation (TEDCO) generates $1.6 billion in economic impact for the state and suppported 7,746 jobs.

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