Maryland tops the nation in research and development spending and is improving in commercializing research and development breakthroughs. Entrepreneur Magazine ranked TEDCO #1 nationally for the largest number of investments in start-up/seed or early stage companies for the fourth consecutive year. TEDCO is bringing innovations from universities and federal labs into the State's economy by facilitating the transfer of technology to the private sector and by providing emerging technology companies and university researchers with vital seed funding and specialized technical assistance.