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TEDCO and The Abell Foundation Announce New Propel Baltimore Fund

“The Propel Baltimore Fund and our partnership with The Abell Foundation is the beginning of a new chapter for TEDCO,” said Rob Rosenbaum, president and executive director of TEDCO. “The Baltimore entrepreneur community has been vocal about the need for more early-stage support and we are pleased to be responding to the need with a partner like The Abell Foundation. Through this fund, The Abell Foundation is setting an example for angel investing in the area. We encourage other individuals and organizations with a vested interest to join TEDCO as we promote angel investing, economic development and technology commercialization in Maryland.”

General guidelines for the Propel Baltimore Fund can be found on the TEDCO website. Information regarding the application process will be posted shortly. Entrepreneurs interested in applying for the fund may contact Stephen Auvil, TEDCO vice president of technology transfer and commercialization, by phone at 410-715-4166 or by email at