Taiwan firms invest $50M in Maryland’s innovation economy, Moore announces

Taiwan firms invest $50M in Maryland’s innovation economy, Moore announces

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Wes Moore, TEDCO, And Taiwan Partners Invest $50M To Strengthen Maryland Innovation - The BayNet

ANNAPOLIS, Md. — Governor Wes Moore, the Maryland Technology Development Corporation (TEDCO), APAC Investment and Innovation Development Association Taiwan (TAIIDA), and SangFroid International Capital today announced an agreement to unlock up to $50 million in co-investments into Maryland’s innovation economy. The agreement is one of four developing international collaborations featured during TEDCO’s annual Entrepreneur Expo, where the governo…

Maryland, Taiwan Partner in $50M Innovation Economy Boost

Maryland’s recent announcement of a $50 million co-investment agreement with Taiwanese partners marks a significant step in the state’s strategy to bolster its innovation economy and expand its global footprint. This initiative, unveiled during TEDCO’s annual entrepreneur expo, underscores Governor Wes Moore’s administration’s commitment to leveraging international collaborations to drive economic… Source