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TEDCO Generates $2.3 Billion in Economic Benefits to the State of Maryland and Supports 10,433 Maryland Jobs

According to a new independent study conducted by the The University of Baltimore Jacob France Institute, Maryland Technology Development Corporation - TEDCO, Maryland’s economic engine for tech companies, has generated more than $2.3B in economic benefits to the Region and state. The findings detail the impact of TEDCO’S six core programs and their value to the start-up community, supporting more than 10k jobs. “By creating a more connected suite of funding and resources, TEDCO is able to provide significant value to the state’s start-ups. It’s encouraging to see the continuous growth in our economy from the support provided by our programs,” said Troy LeMaile-Stovall, CEO. To see the full study and learn more about TEDCO, visit,

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Michele Whelley - President & CEO

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Michele Whelley
President & CEO

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