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Sub-Organizations1
Maryland Innovation Initiative (MII)
Maryland Innovation Initiative partners with academic research institutions to commercialize research.
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Technology Ventures Corporation
Technology Ventures Corporation helps startup companies develop technology from national laboratories and research universities.
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Virginia Innovation Partnership Corporation
Virginia Innovation Partnership Corporation promotes early commercialization and finance for companies and market development projects.
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Berytech
Berytech is a Beirut-based accelerator firm that supports startups from various sectors.
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i-GATE Innovation Hub
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Financials
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Their latest funding was raised on 31.10.2022. Their latest investor VirgilHR. Their latest round Pre-Seed
Maryland Innovation Initiative (MII)
Maryland Innovation Initiative partners with academic research institutions to commercialize research.
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Investments206
Baltimore Underground Science Space
Baltimore Underground Science Space is a non-profit public laboratory that promotes scientific and artistic exploration of biotechnology.
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Inncuvate
Inncuvate Consulting is a company that helps small businesses identify growth opportunities and connects them with the resources they need.
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Allegany College of Maryland
Allegany College of Maryland is a public community college located in Cumberland, Maryland.
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VirgilHR
VirgilHR provides HR professionals with instant employment and labor law guidance through their SaaS solution.
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Maryland Innovation Initiative (MII)
Maryland Innovation Initiative partners with academic research institutions to commercialize research.
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Exits16
Attila
Attila provides cybersecurity solutions for physical, virtual, and cloud applications.
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Sworkit
Sworkit is a consumer SaaS company that offers personalized at-home and on-the-go workouts on any device.
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Ataata
Ataata is a security awareness training platform that reduces human error in the workplace.
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People
Founders1
Troy LeMaile-Stovall
As the CEO and Executive Director of TEDCO—Maryland’s economic engine for technology companies—Troy leads the organization’s mission to support economic development through the cultivation of an inclusive entrepreneurial innovation ecosystem. He brings to bear more than 25 years of experience in investment management, higher education, telecommunications, information/communication technology, and management consulting in this leadership role. Prior to joining TEDCO, Troy was the chief operating officer at the University of the District of Columbia (UDC), the nation’s only urban land-grant university. UDC encompasses a six-site community college, a four-year baccalaureate campus, and a law school, and serves 7,000 degree- and certificate-seeking students. He oversaw an array of critical functions at UDC, including capital construction, communications, emergency management, enrollment services, facilities management, government relations, information management, institutional research, marketing, public safety, risk management, and strategic planning, to name a just a few. An entrepreneur at heart and in spirit, Troy founded the management consulting firms LeMaile-Stovall LLC and GTMS Partners, LLC. He also co-founded and served as the first president and CEO of GulfSouth Capital. His resume includes positions as the interim president of Zenith Education Group; principal at Butler Snow Advisory Services; executive vice president and chief operating officer of Howard University; and senior vice president and chief financial officer Jackson State (Mississippi) University, where he was awarded the Thurgood Marshall HBCU CFO of the Year. Earlier in his career, Troy held positions at McKinsey & Company, Southwestern Bell Telephone (now AT&T), AT&T Bell Labs, and Rockwell international. Troy is a subject matter expert in capital stack formation and a frequent speaker on venture capital, economic development, and higher education administration, among other topics. He has published articles on entrepreneurship, venture capital, economic development, diversity and inclusion, and higher education. Troy graduated cum laude from Southern Methodist University with a bachelor of science in electrical engineering. He earned a master’s of science in computer science from Stanford University as a Bell Labs One Year on Campus Fellow, and an MBA from Harvard University. He was included in the Leadership Greater Washington Signature Program Class of 2019. Troy gives back to his community in volunteer roles and has held board seats at Parkway Properties, Archipelago Learning, Internet America, School Status, the National Society of Black Engineers, Southern Methodist University (SMU) School of Engineering and Department of Electrical Engineering, DC Chamber of Commerce, MemberSuite, MuniStrategies, DC Housing Enterprises, National Association of College and University Business Officers (NACUBO), and Zion Church. Troy has also coached an award-winning youth robotics team, and is a USA Swimming-certified stroke-and-turn coach and chief judge official. A triathlete himself, he is married to marathoner Sonya L. Wiggins and is the father of two multi-talented young athletes, Zora Lauren and Langston Anthony.
current job
organization founded
Troy LeMaile-Stovall
Employee Profiles13
Troy LeMaile-Stovall
Founder & Chief Executive Officer
Anne Artmeier Balduzzi
Managing Director, Entrepreneur and Ecosystem Empowerment
Activity
Recent News22
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