#United States #Maryland #Columbia, Maryland #Technology #TEDCO

Introduction

On June 3, 2025, TEDCO, known as Maryland's driving force for technology enterprises, revealed its executive lineup for the Board of Directors for the upcoming fiscal year 2026 (FY26). After a conclusive board meeting held on May 22, 2025, TEDCO's leadership expressed confidence in pursuing their mission of fostering a dynamic and inclusive entrepreneurial ecosystem.

Leadership Slate

The newly appointed executive officers for FY26 include:

• - Chair: Ellen Flowers-Fields from the College of Southern Maryland
• - Vice Chair: Kathie Callahan Brady from Frederick Innovative Technology Center, Inc. (FITCI)
• - Secretary: Thomas Bundy from Lawrence Bundy
• - Treasurer: William Roberts from Significance, Inc.
• - Assistant Treasurer: Eben Smith from Three|E Consulting Group
• - Immediate Past Chair: Omar Muhammad from Morgan State University

These individuals bring valuable insights and diverse experiences from various sectors across Maryland, essential for guiding TEDCO's initiatives.

Mission and Vision

Ellen Flowers-Fields, as the chair, emphasized the importance of continuity and growth within Maryland's tech ecosystem. She stated, "The work TEDCO does has showcased continuous growth, and I am thrilled to lead the organization toward a more equitable and sustainable innovation environment." Her remarks reflect TEDCO's commitment to nurturing an inclusive entrepreneurial landscape that benefits a wide array of stakeholders.

Supporting Maryland's Growth

TEDCO is recognized as one of Pitchbook's leading venture capital investors in the Mid-Atlantic area. The organization prides itself on fostering collaboration and diversity within the technology and life sciences sectors. With this recent election, the FY26 board is positioned to amplify Maryland's economic capacity further.

The board members represent a broad spectrum of backgrounds, geographical areas—from rural Western Maryland to urban Baltimore and the Eastern Shore—and distinct industries, each contributing their expertise to help expand the state's innovation ecosystem.

CEO Statement

TEDCO's CEO, Troy LeMaile-Stovall, remarked on the board's critical role: "The insights and collaboration from our board are pivotal for our success. As we close another productive year, I am confident that, together, we can create opportunities that foster a sustainable, diverse, and equitable environment for entrepreneurial success in Maryland. This is our decade to shine, following the example of the Moore administration."

Board Composition

The TEDCO Board of Directors comprises 19 members. Fourteen are appointed by the Governor, with the remaining members chosen by the President of the Maryland Senate and the Maryland House of Delegates. The Maryland Secretary of Commerce serves on the board ex officio. Notably, each gubernatorial appointee is subjected to Senate confirmation.

In addition to the executive officers, the complete board includes:

• - Rondall Allen, University of Maryland Eastern Shore
• - John Bohanan, Cornerstone Government Affairs
• - Nona Minnifield Cheeks, Innovatyr, LLC
• - Harry Coker, Jr., Maryland Department of Commerce
• - Clifford Coppersmith, Chesapeake College
• - Linda Cureton, Muse Technologies, Inc.
• - Andrew Serafini, Wealth Enhancement Group
• - Chung Hei Sing, Applied Derivative Research
• - Phillip Singerman, Montgomery County Economic Development Corporation
• - David Tohn, BTS Software Solutions
• - Robert Wells, Baker Donelson

Conclusion

With a distinguished slate of board members and a clear mission to enhance Maryland’s entrepreneurial landscape, TEDCO is poised to ascend to new heights in FY26. Their strategy focuses on innovation, collaboration, and equitable support for all entrepreneurs, ensuring that Maryland remains at the forefront of technological development and economic empowerment.

For more information about TEDCO and their initiatives, visit www.tedcomd.com.