TEDCO, Maryland’s economic engine for technology companies, has a program focused on supporting entrepreneurs and startup businesses by connecting them with resources throughout the state. The Urban Business Innovation Initiative (UBII) is designed to support underserved early-stage companies in key urban areas in Maryland. The program’s mentors come from all backgrounds, allowing businesses access to experts from different backgrounds and expertise. Malcolm Tyson was building an innovation hub for the College of Southern Maryland while simultaneously operating his own consulting practice to provide mentorship for small and medium-sized businesses. But it still wasn’t enough; that’s when he found out about mentor opportunities at TEDCO . He signed on as an adviser in Prince George’s County for TEDCO’s UBII program last July. “It’s really rewarding to know that I’m in this space, to know that I can help them not get discouraged when their peers or colleagues that they work with and have known are getting funding for their programs and they’re not Black,” Tyson said. Getting started TEDCO CEO Troy LeMaile-Stovall launched the program when he officially took his position in September 2020. As part of his work with the initiative, UBII mentors work with a variety of businesses […]
How TEDCO’s Urban Business Innovation Initiative is supporting entrepreneurs in Prince George’s County
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