The MTTF encourages the transfer of technology between Maryland companies and eligible federal labs or universities. MTTF provides up to $75,000 for initiation of technology transfer projects that involve collaborations between a Maryland company and any federal laboratory or university in Maryland. Funds should be used to defray direct costs of developing early stage technology.

Administered by the Maryland Technology Development Corporation (TEDCO)

The Maryland Technology Development Corporation (TEDCO), an independent entity, was established by the Maryland General Assembly in 1998 to facilitate the creation of businesses and foster their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for seed capital and entrepreneurial business assistance for technology transfer and development programs. TEDCO connects emerging technology companies with federal laboratories, research universities, business incubators and specialized technical assistance. For the third consecutive year, TEDCO was recognized as the most active early/seed stage investor in the nation in the July 2006 issue of Entrepreneur magazine.The Maryland Technology Development Corporation (TEDCO), an independent entity, was established by the Maryland General Assembly in 1998 to facilitate the creation of businesses and foster their growth in all regions of the State. TEDCO's role is to be Maryland's leading source of funding for seed capital and entrepreneurial business assistance for technology transfer and development programs. TEDCO connects emerging technology companies with federal laboratories, research universities, business incubators and specialized technical assistance. For the third consecutive year, TEDCO was recognized as the most active early/seed stage investor in the nation in the July 2006 issue of Entrepreneur magazine.

Some of TEDCO's recent programmatic initiatives include:

Technology Transfer

• Maryland Technology Transfer Fund
• Aberdeen Technology Transfer Initiative
• Fort Detrick Technology Transfer Initiative
• NASA Mid-Atlantic Technology Transfer Center
• NAVAIR Technology Commercialization Initiative

Rural & Entrepreneurial Business Assistance

• Maryland Technology Partnership for Innovation
• Mountain Maryland SBIR
• Rural Business Incubation RBI Initiative.

Business Incubation

• Feasibility Study Grant Program
• Incubator Development Fund Program.