Office Locations:

5565 Sterrett Place, Suite 214
Columbia, MD 21044
Phone: 410-740-9442
Fax: 410-740-9422



  • Early



  • Communications & Networking
  • Information Technology
  • Life Sciences & Healthcare
  • Software & Internet



    Maryland Technology Development Corporation (TEDCO) was created by the State legislature in 1998 to facilitate economic growth in the state. TEDCO Capital Partners (TCP) manages a family of specialized venture capital funds. Among many programs, TEDCO operates the Technology Commercialization Fund (TCF), which provides up to $100,000 to support projects that advance a technology toward commercialization. Another program, the University Technology Development Fund, provides grants of $50,000 to Universities, which are obliged to share revenues with TEDCO on intellectual property created or developed with a UTDF grant. A University must pay TEDCO 25% of all revenue received for rights to intellectual property developed with UTDF capital until it has repaid two times the UTDF funding provided. Another initiative, the Incubator Development Fund program, provides funding for capital expenditures in the development of new and the renovation of existing technology incubators in the state. The Chesapeake Regional Innovation Fund (CRIF) invests in early-stage companies which intend to create significant commercial enterprises based on potentially game-changing technologies developed at the region's federal research labs and major research universities.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Christopher G. College Managing Partner
    Dan Gincel Executive Director
    Gino Dellarocco General Partner
    Henry Ahn Program Manager
    John M. Wasilisin Executive Vice President and Chief Operating Officer


    Recent Funding Events (trailing 12 months):












      Attila Security





      Cerebro Capital



      Series A


      Bandura Systems





    Portfolio companies include:

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      Attila Security
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      Authentik Solutions
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      Bandura Systems
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      Brain Sentry
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      Cerebro Capital
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      Clear Guide Medical
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      Common Curriculum
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      Cordex Systems
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      Diagnostic Biochips
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      Integrated BioTherapeutics
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      Magpie Sensing
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      Next Development
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      RedOwl Analytics
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      Social Toaster
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      TimberRock Energy Solutions
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      TRX Systems
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      Vasoptic Medical
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      Weinberg Medical Physics
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    Recent News: