TEDCO Announces Winners of Seventh Annual ICE Awards

Innovation – Corporate excellence – Entrepreneur

COLUMBIA, Md. (May 25, 2017) – The Maryland Technology Development Corporation (TEDCO) today hosted the organization’s seventh annual ICE Awards. Held at the Columbus Center (IMET) in Baltimore, Md., the awards program recognized outstanding businesses and individuals from TEDCO’s diverse portfolio of more than 300 seed and early-stage companies. Winners were selected in the areas of Innovation, Corporate excellence, and Entrepreneurship. More than 200 representatives from TEDCO’s portfolio companies and partnering organizations attended the event.

In addition to the ICE Awards, TEDCO presented the Vanguard Award to Frank Adams, charter director and former board chairman of TEDCO, for his critical support of TEDCO and dedication to moving the organization forward from its inception. Each year, this award is given to an individual who has supported the mission of TEDCO, and without whom the organization would not be the State’s leader in innovation, funding and networking for entrepreneurs and startups that it is today.

“The ICE Awards were created to celebrate the entrepreneurs who are driving the innovation economy in Maryland.  I would like to congratulate each of the well-deserved winners for their success, but also recognize all of the other entrepreneurs who are taking the risks and making the sacrifices needed to establish and grow technology-based firms in Maryland,” said John Wasilisin, TEDCO’s president and chief operating officer. “TEDCO is proud to play a role in supporting these entrepreneurs and their companies through its wide range of funding and entrepreneurial support programs and to see these companies succeed and positively impact the State’s economy.”

The Innovation winners were chosen for creating a unique technology that addressed a specific need, for gaining follow-on funding, and for generating user validation… making technology truly innovative.  The Innovation winners are:

The Corporate Excellence winners were chosen based on economic impact in Maryland (employees, revenue, and follow-on investments), community involvement, and company recognition. The Corporate Excellence winners are:

The Entrepreneur winners were chosen based on their distinct leadership skills, start-up success, personal recognition, vision creation, and ability to build a management team. The Entrepreneur winners are:

The event also featured demonstrations by 18 TEDCO portfolio companies of their technologies and prototypes, networking opportunities, the awards presentation, and remarks by elected officials.

The Maryland Technology Development Corporation (TEDCO) is the go-to source for entrepreneurial support and guidance for start-ups and early-stage companies engaged in bringing innovative ideas to market. For over nineteen years, the organization has provided funding, mentoring and networking opportunities to support Maryland’s innovation ecosystem. It is frequently ranked as one of the most active seed/early-stage investors in the nation. The organization plays a key role in bringing research created in Maryland’s educational institutions and federal laboratories into the commercial marketplace. For more information about TEDCO and its programs and resources, visit www.TEDCO.md.


Media Contact
Tammi L. Thomas

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