TEDCO Generates $2.7 Billion in Economic Benefits for Maryland’s Ecosystem in 2023, According to Independent Study

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TEDCO, Maryland's economic engine for technology companies, announced the findings of an independent economic impact study detailing the contributions of TEDCO's six core programs to the state of Maryland.
TEDCO continues to be a driving force for Maryland's economic empowerment activities
Conducted by the University of Baltimore's Jacob France Institute, the study found that TEDCO continues to be a significant economic driving force in Maryland creating nearly $2.7 billion in statewide economic activity as of 2023. TEDCO has invested in or supported the growth of a portfolio of 442 of Maryland's leading technology companies, more than doubling the number of companies identified in the first TEDCO impact study in 2008.
Conducted by the University of Baltimore's Jacob France Institute, the study found that TEDCO continues to be a significant economic driving force in Maryland creating nearly $2.7 billion in statewide economic activity as of 2023. TEDCO has invested in or supported the growth of a portfolio of 442 of Maryland's leading technology companies, more than doubling the number of companies identified in the first TEDCO impact study in 2008.

Source prnewswire

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