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	<title>Beltway Startups &#187; Emmanuel Dato</title>
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	<link>http://www.beltwaystartups.com</link>
	<description>Startups and onilne companies in Virginia, Maryland and Washington DC.</description>
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		<title>TV Journalist Launches Summer Camp Search Site CampEasy</title>
		<link>http://www.beltwaystartups.com/2012/01/tv-journalist-launches-summer-camp-search-site-campeasy/</link>
		<comments>http://www.beltwaystartups.com/2012/01/tv-journalist-launches-summer-camp-search-site-campeasy/#comments</comments>
		<pubDate>Sun, 22 Jan 2012 02:39:03 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Search]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[brooke salkoff]]></category>
		<category><![CDATA[camp easy]]></category>
		<category><![CDATA[camp search site]]></category>
		<category><![CDATA[campeasy]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2372</guid>
		<description><![CDATA[McLean, VA &#8211; TV Journalist and NBC Correspondent Brooke Salkoff and Wireless Executive Jonathan Salkoff knows the difficulty for working parents in finding and planning the perfect camp experience for their parents and that&#8217;s the reason why they decided to launch a summer camp search site called CampEasy. CampEasy, a startup based in Mclean which provides a [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">McLean, VA &#8211; TV Journalist and NBC Correspondent Brooke Salkoff and Wireless Executive Jonathan Salkoff knows the difficulty for working parents in finding and planning the perfect camp experience for their parents and that&#8217;s the reason why they decided to launch a summer camp search site called CampEasy.</p>
<p style="text-align: justify">CampEasy, a startup based in Mclean which provides a comprehensive scheduling tool for families anywhere in the U.S., to select and plan their summer camp calendar. The free web service allows parents to search for camps based on proximity, time, cost and individual interests. According to their website, CampEasy goals are to present a platform where parents discover and plan camps for their kids in one place, and where camps are seen by parents – at the visibility of their choosing — during this decision-making process.</p>
<p style="text-align: justify">&#8220;Our research shows that parents in our area spend more each year on summer camps than they spend on airfares,&#8221; said Brooke Salkoff. &#8220;But there is no equivalent to Expedia, Kayak or Orbitz to guide parents through their search.&#8221;</p>
<p style="text-align: justify">According to Brroke Salkoff (also know as Brroke Hart in NBC), the startup came up as her needs to find the perfect summer camp for her kids are not meet by just searching in the net. Salkoff also announced that they are open for seed funding from VC and angel investors in the future.</p>
<p style="text-align: justify">You can visit CampEasy from their Official website:</p>
<p style="text-align: justify"><a href="http://www.campeasy.com/" rel="nofollow" target="_blank">http://www.campeasy.com</a></p>
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		<title>Chantilly-Based Digital Signal Corp. Raises $10.3 Million</title>
		<link>http://www.beltwaystartups.com/2012/01/chantilly-based-digital-signal-corp-raises-10-3-million/</link>
		<comments>http://www.beltwaystartups.com/2012/01/chantilly-based-digital-signal-corp-raises-10-3-million/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 01:06:00 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[venture capital]]></category>
		<category><![CDATA[3d]]></category>
		<category><![CDATA[digital signal]]></category>
		<category><![CDATA[digital signal corp]]></category>
		<category><![CDATA[facial recognition]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2370</guid>
		<description><![CDATA[Chantily, Virginia -Digital Signal Corporation, a company which engages in the research and development of three-dimensional facial recognition systems for the department of defense and other federal agencies has raised a fresh round of funding amounting to $10.3 million according to a filing with the Security and Exchange Commission (SEC). According to the regulatory filing, [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Chantily, Virginia -Digital Signal Corporation, a company which engages in the research and development of three-dimensional facial recognition systems for the department of defense and other federal agencies has raised a fresh round of funding amounting to $10.3 million according to a filing with the Security and Exchange Commission (SEC).</p>
<p style="text-align: justify">According to the regulatory filing, seven venture capital firm took part of the funding which includes its existing backers Columbia Capital, City Light Capital, SilverHaze Partners, Novak Biddle Venture Partners and Paladin Capital Group. Last April of 2011, DSC (Digital Signal Corp.) has raised $15 million from the same backers.</p>
<p style="text-align: justify">Digital Signal Corporation (DSC) is currently the top in the industry of three dimensional (3D) long-range facial recognition solutions which are used by the government and enterprises for security and business processes.</p>
<p style="text-align: justify">You can visit Digital Signal Corporation&#8217;s Official Website for more information:</p>
<p style="text-align: justify"><a href="http://www.digitalsignalcorp.com/" rel="nofolllow" target="_blank">http://www.digitalsignalcorp.com/</a></p>
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		<title>Online Education Startup 2tor Hires New CEO, Moving HQ to Landover</title>
		<link>http://www.beltwaystartups.com/2012/01/online-education-startup-2tor-hires-new-ceo-moving-hq-to-landover/</link>
		<comments>http://www.beltwaystartups.com/2012/01/online-education-startup-2tor-hires-new-ceo-moving-hq-to-landover/#comments</comments>
		<pubDate>Sat, 14 Jan 2012 13:11:57 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Education]]></category>
		<category><![CDATA[2tor]]></category>
		<category><![CDATA[chip paucek]]></category>
		<category><![CDATA[online education]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2366</guid>
		<description><![CDATA[Landover, Maryland &#8211; 2tor, a startup which  partners with universities to build, administer, and market online degree programs has appointed its President and co-founder Chip Paucek as the new CEO. As part of the appointment, 2tor will be shifting its headquarters from from New York to Landover which the new CEO currently resides. John Katzman, the former CEO [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Landover, Maryland &#8211; 2tor, a startup which  partners with universities to build, administer, and market online degree programs has appointed its President and co-founder Chip Paucek as the new CEO. As part of the appointment, 2tor will be shifting its headquarters from from New York to Landover which the new CEO currently resides. John Katzman, the former CEO and founder of the company will remain as Executive Chairman of the board.</p>
<p style="text-align: justify">2tor will still maintain its New York operations even though its headquarters has been relocated to Maryland. The company has also offices in Chapel Hill, Los Angeles and Hong kong.</p>
<p style="text-align: justify">2tor created a system for universities to offer graduate degree programs online. 2tor&#8217;s framework is currently used by Georgetown University for its nursing school and the University of North Carolina’s Kenan-Flagler Business School. According to the new CEO Chip Paucek, the company will be launching two new additional academic categories in the fall.</p>
<p style="text-align: justify">2tor has raised $62.5 million since its founding in 2008. Its investors include Bessemer Venture Partners, City Light Capital, and Redpoint Ventures. Even with new hires planned and the expected expansion into new schools, the company is in no hurry to seek more capital, Paucek says.</p>
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		<title>Catalyst Investors Buys Major Stake in Bethesda-Based WeddingWire</title>
		<link>http://www.beltwaystartups.com/2011/12/catalyst-investors-buys-major-stake-in-bethesda-based-weddingwire/</link>
		<comments>http://www.beltwaystartups.com/2011/12/catalyst-investors-buys-major-stake-in-bethesda-based-weddingwire/#comments</comments>
		<pubDate>Sun, 01 Jan 2012 04:54:52 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[eCommerce]]></category>
		<category><![CDATA[Online Advertising]]></category>
		<category><![CDATA[Online Magazines]]></category>
		<category><![CDATA[Online Media]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[catalyst partners]]></category>
		<category><![CDATA[martha stewart]]></category>
		<category><![CDATA[marthastewart.com]]></category>
		<category><![CDATA[omnimedia]]></category>
		<category><![CDATA[wedding wire]]></category>
		<category><![CDATA[weddingwire]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2362</guid>
		<description><![CDATA[Bethesda, Md. &#8212; WeddingWire, U.S. leading online wedding company serving the $70 billion wedding industry has announced the acquisition of its largest non-founder stakeholder the Martha Stewart Living Omnimedia by the New York-based private equity firm Catalyst Investors. Martha Stewart Living Omnimedia, Inc. is a multi media and merchandise company which operates in different fields [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Bethesda, Md. &#8212; WeddingWire, U.S. leading online wedding company serving the $70 billion wedding industry has announced the acquisition of its largest non-founder stakeholder the Martha Stewart Living Omnimedia by the New York-based private equity firm Catalyst Investors.</p>
<p style="text-align: justify">Martha Stewart Living Omnimedia, Inc. is a multi media and merchandise company which operates in different fields such as cooking and entertainment, holidays, crafts, home, whole living, weddings, organizing, and gardening. The company manages four very successful segments such as the Publishing, Merchandising, Internet, and Broadcasting. It produces the hit show Martha Stewart show and also handles the internet merchandise site MarthaStewart.com.</p>
<p style="text-align: justify">&#8220;WeddingWire is a very attractive investment opportunity. The Company has grown rapidly and will continue to do so. WeddingWire has an exceptionally strong management team with a terrific vision,&#8221; said McNally. &#8220;Its business model provides proven value to its customer base in the wedding market – a more than $70 billion industry – and their core technologies are transportable to other verticals.&#8221;</p>
<p style="text-align: justify">As part of the deal, Catalyst co-founders Ryan McNally and Brian Rich will join WeddingWire&#8217;s board of directors.</p>
<p style="text-align: justify">This year, WeddingWire acquired one of its major competitors ProjectWedding.com from eHarmony and partnered with Conde Nast&#8217;s Brides.com.</p>
<p>For more information on WeddingWire, Visit their Official Site at:</p>
<p><a href="http://www.weddingwire.com/" rel="nofollow" target="_blank">http://www.weddingwire.com/</a></p>
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		<title>Baltimore City to Launch Technology Accelerator Program</title>
		<link>http://www.beltwaystartups.com/2011/12/baltimore-city-to-launch-technology-accelerator-program/</link>
		<comments>http://www.beltwaystartups.com/2011/12/baltimore-city-to-launch-technology-accelerator-program/#comments</comments>
		<pubDate>Thu, 29 Dec 2011 13:06:36 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Incubator]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[abell foundation]]></category>
		<category><![CDATA[accelerate baltimore]]></category>
		<category><![CDATA[baltimore]]></category>
		<category><![CDATA[emerging technology centers]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2359</guid>
		<description><![CDATA[Baltimore, Maryland &#8211; The city of Baltimore, known for its active support on technology firms and incubator programs has launched another incubator program to support start-ups called &#8220;Accelerate Baltimore&#8221; which is intended to guide and propel with the latest trends by launching its own accelerator program. The newly launched tech accelerator program is backed by [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Baltimore, Maryland &#8211; The city of Baltimore, known for its active support on technology firms and incubator programs has launched another incubator program to support start-ups called &#8220;Accelerate Baltimore&#8221; which is intended to guide and propel with the latest trends by launching its own accelerator program.</p>
<p style="text-align: justify">The newly launched tech accelerator program is backed by a $110,000 of seed funding and financial supports from The Abell Foundation. The city&#8217;s Emerging Technology Centers (ETC) manages and operates the incubator programs and p-lans to create an environment similar to the successful incubator programs like Y Combinator and BetaWorks.</p>
<p style="text-align: justify">The program will start with 5 startups in Baltimore and provide them with a 3 month boot camp program with expert mentors and also provide them with rent free offices at the ETC in Canton during the program. As part of the requirements for the program, the startup must remain at Baltimore for at least 5 years.</p>
<p style="text-align: justify">According to Ann Lansinger, the president of the ETC, the new accelerator would fill a gap for early-stage entrepreneurs.</p>
<p style="text-align: justify">&#8220;How do we really flesh out the full ecosystem for Baltimore?&#8221; said Lansinger. &#8220;There are gaps in pre- and post-incubation. We&#8217;ve been looking at how to fill that out.</p>
<p style="text-align: justify">Part of the deal with the startup is ETC and Abell will take an 8 percent equity stake in each company and a 2.5 percent royalty, capped at $150,000.</p>
<p style="text-align: justify">To know more about the program, you can visit Accelerate Baltimore&#8217;s website:</p>
<p style="text-align: justify"><a href="http://acceleratebaltimore.r2ismash.com/" rel="nofollow" target="_blank">http://acceleratebaltimore.r2ismash.com/</a></p>
]]></content:encoded>
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		<item>
		<title>Baltimore-Based CSA Medical Raises $20.5 Million in Second Round</title>
		<link>http://www.beltwaystartups.com/2011/12/baltimore-based-csa-medical-raises-20-5-million-in-second-round/</link>
		<comments>http://www.beltwaystartups.com/2011/12/baltimore-based-csa-medical-raises-20-5-million-in-second-round/#comments</comments>
		<pubDate>Mon, 26 Dec 2011 12:38:15 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[CSA medical]]></category>
		<category><![CDATA[cyrotherapy]]></category>
		<category><![CDATA[spray therapy]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2354</guid>
		<description><![CDATA[Baltimore, Maryland &#8211; CSA Medical, a provider of cryotherapy systems and offers  CryoSpray Ablation system, which enables the physicians to freeze, destroy, and remove unwanted tissues has raised $20.5 M of series B funding from InterSouth Funding and  First Analysis and backed up by S.V. Life Sciences, Rose Park, Blue Heron Capital and other existing investors from [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Baltimore, Maryland &#8211; CSA Medical, a provider of cryotherapy systems and offers  CryoSpray Ablation system, which enables the physicians to freeze, destroy, and remove unwanted tissues has raised $20.5 M of series B funding from InterSouth Funding and  First Analysis and backed up by S.V. Life Sciences, Rose Park, Blue Heron Capital and other existing investors from its January round of funding.</p>
<p style="text-align: justify">Aside from the new funding, CSA Medical also announced that Tracy Marshbanks from First Analysis, Dr. Rick Kent of Intersouth Partners, and Paul LaViolette from S.V. Life Sciences will join the CSA’s board of directors.</p>
<p style="text-align: justify">“CSA’s platform technology has the potential to revolutionize current approaches to the treatment of multiple disease states for which there is clearly an unmet clinical need,” noted Rick Kent, partner at Intersouth Partners. “The company has already demonstrated an ability to bring novel medical devices through development and into the market, as evidenced by its progress in the gastrointestinal space, and we are pleased to support their efforts to address new applications for Spray Cryotherapy.”</p>
<p style="text-align: justify">The new funding will be used on on new marketing strategies, research and studies and also to fund and support new development of products and continuing the success of the company’s Spray Cryotherapy system.</p>
<p style="text-align: justify">Visit CSA Medical for more details:</p>
<p style="text-align: justify"><a href="http://www.csamedical.com/" rel="nofollow" target="_blank">http://www.csamedical.com</a></p>
]]></content:encoded>
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		<title>Jessup-Based Vorbeck Materials Raises $10 Million in Third Round</title>
		<link>http://www.beltwaystartups.com/2011/12/jessup-based-vorbeck-materials-raises-10-million-in-third-round/</link>
		<comments>http://www.beltwaystartups.com/2011/12/jessup-based-vorbeck-materials-raises-10-million-in-third-round/#comments</comments>
		<pubDate>Mon, 19 Dec 2011 04:14:50 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Patents]]></category>
		<category><![CDATA[Research]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[graphene]]></category>
		<category><![CDATA[vor-ink]]></category>
		<category><![CDATA[vorbeck]]></category>
		<category><![CDATA[vorbeck materials]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2351</guid>
		<description><![CDATA[Jessup, Maryland &#8211;  Vorbeck Materials, a specialty materials company, manufactures and supplies graphene sheets and materials for electronics has raised $10 million of series C funding from Black Powder and Fairbridge ventures and was backed up by 15 other investors. Vorbeck is currently the first company in the world with graphene-based products in the market. Vorbeck&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Jessup, Maryland &#8211;  Vorbeck Materials, a specialty materials company, manufactures and supplies graphene sheets and materials for electronics has raised $10 million of series C funding from Black Powder and Fairbridge ventures and was backed up by 15 other investors.</p>
<p style="text-align: justify">Vorbeck is currently the first company in the world with graphene-based products in the market. Vorbeck&#8217;s new materials technology called Graphene allows transformational innovations in industries ranging from consumer goods to aerospace. Vorbeck is also the first and only company to receive EPA approval for the commercial production and sale of graphene-based products.</p>
<p style="text-align: justify">Vorbeck will be using the new funding to expand sales of Vor-ink, its patented graphene-based mew technology ink for printed electronics. The Vor-ink technology enables highly conductive and flexible electronics used in the security, medical diagnostics, building infrastructure and aerospace industries.</p>
<p style="text-align: justify">The company was founded in 2006 and led by President John S. Lettow, Vorbeck manufactures and develop applications using Vor-x™, its patented graphene material developed at Princeton University.</p>
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		<title>McLean-Based TroopSwap.com Lands $2.5 Million in Seed Funding</title>
		<link>http://www.beltwaystartups.com/2011/12/mclean-based-troopswap-com-lands-2-5-million-in-seed-funding/</link>
		<comments>http://www.beltwaystartups.com/2011/12/mclean-based-troopswap-com-lands-2-5-million-in-seed-funding/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 04:08:07 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[eCommerce]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2348</guid>
		<description><![CDATA[McLean, Virginia &#8211; TroopSwap, an e-Commerce site dedicated to the veterans an family members has secured a $2.5 million of seed funding from  McCombs Partners, Blu Venture Investors, Access Ventures and from angel investors Jay Campion, Roy Terracina, Mary Abbott, Larry Cochran and Kelly Perdew. The startup which was launched just last  May 23, 2011 [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">McLean, Virginia &#8211; TroopSwap, an e-Commerce site dedicated to the veterans an family members has secured a $2.5 million of seed funding from  McCombs Partners, Blu Venture Investors, Access Ventures and from angel investors Jay Campion, Roy Terracina, Mary Abbott, Larry Cochran and Kelly Perdew.</p>
<p style="text-align: justify">The startup which was launched just last  May 23, 2011 by two veterans and Harvard Business School alumni Blake Hall and Matthew Thompson has more than 30,000 members now and partnered with top merchants to provide deals and also employs military wife to support the military community.</p>
<p style="text-align: justify">&#8220;Military discounts are commonly offered throughout the country, but national retailers and online stores previously did not have a way to offer those discounts online,&#8221; said CEO Blake Hall. &#8220;TroopSwap has addressed that problem by forming strategic relationships that allow us to validate military affiliation online in a secure manner.&#8221;</p>
<p style="text-align: justify">TroopSwap.com plans to use the new funding to further develop its technology and platform to better provide great deals to military community.</p>
<p style="text-align: justify">The service is currently available in Hampton Roads, Virginia; San Diego, California; Washington, DC and National.</p>
<p>Visit their site at:</p>
<p><a href="https://www.troopswap.com/" rel="nofollow" target="_blank">https://www.troopswap.com/</a></p>
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		<title>Bethesda-Based WeddingWire Lands New Investment from SCV</title>
		<link>http://www.beltwaystartups.com/2011/12/bethesda-based-weddingwire-lands-new-investment-from-scv/</link>
		<comments>http://www.beltwaystartups.com/2011/12/bethesda-based-weddingwire-lands-new-investment-from-scv/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 03:25:49 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[venture capital]]></category>
		<category><![CDATA[online wedding services]]></category>
		<category><![CDATA[wedding wire]]></category>
		<category><![CDATA[weddingwire]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2345</guid>
		<description><![CDATA[Bethesda, MD - WeddingWire, an online wedding planning resource designed to empower both engaged couples and wedding professionals has ring its bells for a new investment from North Carolina-based Southern Capitol Ventures (SCV). The Raleigh-based venture capital firm is the only financier of WeddingWire&#8217;s new funding and both companies decided not to release the amount and [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Bethesda, MD - WeddingWire, an online wedding planning resource designed to empower both engaged couples and wedding professionals has ring its bells for a new investment from North Carolina-based Southern Capitol Ventures (SCV). The Raleigh-based venture capital firm is the only financier of WeddingWire&#8217;s new funding and both companies decided not to release the amount and kept the financial terms and agreements undisclosed.</p>
<p style="text-align: justify">“We have watched the team at WeddingWire execute on their vision over the last 5 years bringing more efficiency to the wedding industry,” said Jason Caplain, co-founder and general partner at Southern Capitol Ventures, in a statement. “This is one of the very few companies nationally that has successfully solved access to local merchants.”</p>
<p style="text-align: justify">WeddingWire will use the new funding for acquisitions of new services. The startup has acquired ProjectWedding from the top dating site eHarmoney.com. Aside from ProjectWedding, WeddingWire also signed contracts with top wedding services firms such as brides.com, weedingbee and MarthaStewartWeedings.com</p>
<p style="text-align: justify">WeddingWire connects engaged couples to a massive list of wedding vendors and service providers and all of them has been background checked and reviewed.</p>
<p style="text-align: justify"><a href="http://www.weddingwire.com/" rel="nofollow" target="_blank">http://www.weddingwire.com/</a></p>
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		<title>Maryland TEDCO Awards Nearly $500,000 to State Researchers</title>
		<link>http://www.beltwaystartups.com/2011/12/maryland-tedco-awards-nearly-500000-to-state-researchers/</link>
		<comments>http://www.beltwaystartups.com/2011/12/maryland-tedco-awards-nearly-500000-to-state-researchers/#comments</comments>
		<pubDate>Sun, 11 Dec 2011 13:30:46 +0000</pubDate>
		<dc:creator>Emmanuel Dato</dc:creator>
				<category><![CDATA[Federal]]></category>
		<category><![CDATA[From Beltway Startups]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[maryland tredco]]></category>
		<category><![CDATA[techstart]]></category>
		<category><![CDATA[tedco]]></category>
		<category><![CDATA[UTDF]]></category>

		<guid isPermaLink="false">http://www.beltwaystartups.com/?p=2342</guid>
		<description><![CDATA[Columbia, Maryland &#8211; Maryland Technology Development Corporation (TEDCO), an independent entity to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace and to assist in the creation and growth of technology-based businesses has awarded 12 state researchers a total of $485,000 of funding through its University Technology [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify">Columbia, Maryland &#8211; Maryland Technology Development Corporation (TEDCO), an independent entity to facilitate the transfer and commercialization of technology from Maryland’s research universities and federal labs into the marketplace and to assist in the creation and growth of technology-based businesses has awarded 12 state researchers a total of $485,000 of funding through its University Technology Development Fund (UTDF) and TechStart programs.</p>
<p style="text-align: justify">The UTDF program of TEDCO is geared in the assessment of the researchers in developing the commercial viability of new technological inventions, test prototypes and optimize principle research designs. UTDF has awarded $50,000 each teams from the Johns Hopkins Applied Physics Laboratory (APL), Johns Hopkins University (JHU), Salisbury University and Towson University to support and kickstart their research programs.</p>
<p style="text-align: justify">The TechStart program of TEDCO aims to provide financing to the researchers of Universities in the States and government-based laboratories which features a promising inventor or researcher to assist the development of a future startup and an innovative entrepreneur to guide the team. Teams from the University of Maryland, Baltimore (UMB); University of Maryland College Park (UMD) and JHU each received up to $15,000 in funding from TEDCO’s TechStart program.</p>
<p><strong>To learn more about Maryland TEDCO, visit their official website:</strong></p>
<p><a href="http://www.marylandtedco.org/" rel="nofollow" target="_blank">http://www.marylandtedco.org/</a></p>
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