TEDCO announced that it has signed a new agreement with Taiwan’s APAC Investment and Innovation Development Association TAIWAN (TAIIDA) and SFIC Group that will enable up to $50 million in co-investment capital for qualified TEDCO-supported companies. The partnership reflects a broadened commitment to global collaboration and is intended to expand opportunities across Maryland’s innovation ecosystem.
The agreement establishes a framework for TEDCO, TAIIDA, and the SFIC Group to co-invest in companies that are positioned to benefit both Maryland and Taiwan. Plans also include jointly developing an International Startup Exchange Center in Maryland and Taiwan. The center is expected to focus on six target industries: AI, deep tech, robotics, semiconductor-related sectors, agricultural technology, and biotechnology. Several of these areas align with Maryland’s established strengths in life sciences, information technology, and aerospace and defense.
The signing occurred during TEDCO’s 2025 Entrepreneur Expo, held on October 21, 2025, at The Hotel at the University of Maryland. More than 1,100 attendees participated in workshops, roundtable discussions, and company showcases throughout the event.
TEDCO stated that many of Maryland’s early-stage companies are positioned for international growth, particularly in life sciences. The organization anticipates that the agreement will provide founders in both Maryland and Taiwan with increased access to investment, talent, and partnership networks as they expand.
KEY QUOTES:
“Maryland has long been asset-rich, but strategy-poor. This partnership underscores the power of our data-backed competitiveness strategy to drive investment, grow our economy and unlock Maryland’s potential. I thank TEDCO and TAIIDA for coming to the table and making the choice to invest in Maryland’s future.”
Maryland Governor Wes Moore
“This partnership is about far more than direct investments in startups. We place greater emphasis on investing in the future of technology, strengthening talent pipelines between Maryland and Taiwan, and generating long-term impact through sustained cross-border collaboration.”
Kunlun Lien, Chairman of TAIIDA
“Many of Maryland’s early stage companies have developed transformative life science technologies that are ready for international markets, and TEDCO is looking for ways to support this expansion. With this agreement for continued collaboration, we believe that entrepreneurs from both locales – Maryland and Taiwan – will see increased growth.”
Troy LeMaile-Stovall, CEO of TEDCO
