Entrepreneurs seeking to innovate in the mid-Atlantic’s aerospace and defense sector now have some extra consolidated support thanks to the State of Maryland and federal government. The U.S. Department of Defense’s (DoD) Office of Local Defense Community Cooperation granted the Maryland Department of Commerce $641, 573, with part of the funds being used to restart the Defense Commercialization (DefTech) Center. The resurrected program will now be administered by the Maryland Technology Development Corporation (TEDCO), the state-connected investment vehicle for tech companies across the state.
A $641K DoD grant reinstated Maryland’s DefTech Center for defense innovation
December 5, 2022