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Maryland TEDCO Realigns Investment Programs, Launches Funds

The Maryland Technology Development Corp. (TEDCO) on Monday announced the restructuring of its core investment programs, as well as the launch of several new affinity funds. The organization said it has changed the name of its Maryland Technology Transfer and Commercialization Fund (MTTCF) to the Technology Commercialization Fund (TCF), raising its funding level to $100,000. TEDCO also has combined its University Technology Development Fund (UTDF) and TechStart Fund to create its new Technology Validation Program, which will provide funding for studies that confirm a technology's commercial viability or establish its market need.

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