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TEDCO (Maryland Technology Development Corporation)

TEDCO Social Impact Funds (Pre-Seed Builder Fund & Inclusion Fund)

Amount
$100,000 – $750,000
Deadline
Rolling
Odds
Not published
Effort
1 to 2 hrs
Can you get this?
Principal place of business must be in Maryland
At least one full-time employee required
50%+ of founders demonstrate economic disadvantage (Pre-Seed Builder Fund)
30%+ ownership by economically disadvantaged individuals (Inclusion Fund)
Early-stage technology startups from all industries welcome
Your real odds
TEDCO is actively deploying capital on a rolling basis, with publicly announced deals as recently as July 2026.
Applications are reviewed continuously rather than in cohort rounds, so timing is less of a factor than whether you clear the ownership, residency, and economic disadvantage criteria, all of which are defined by regulation.
What it takes
Confirm eligibility and ownership thresholds1 to 2 hrs
Submit online application through TEDCO2 to 5 hrs
Email TEDCO to confirm receipt15 min
Worth knowing
The fund starts at $100,000 via convertible note and can follow on up to $750,000 in the same company, so a strong start here opens real capital runway without switching funders, and TEDCO treats the hands-on executive support it provides as a formal part of the investment, not an add-on.
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