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TEDCO Generates $1 Billion in Economic Impact, 4,358 Jobs to Maryland Economy – Tedco

By February 12, 2016News
tedco-2015-impact-logo

tedco-2015-impact-logo

The Maryland Technology Development Corporation’s (TEDCO) core research, technology transfer, and commercialization programs generated nearly $1 billion in economic contributions to the Maryland economy in 2015, according to a new study by the Battelle Technology Partnership Practice released today. Battelle, the world’s largest non-profit research and development organization, also found that TEDCO’s efforts generated a total of 4,358 high-quality jobs, with an average income per job of $74,700. That compares favorably to a statewide average labor income per worker of $63,700.

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