TEDCO celebrates 15 years at 3rd annual ICE Awards

Three of nine finalists selected for this year’s ICE Awards were crowned respective winners in the innovation, corporate excellence and entrepreneur categories Wednesday morning.
The awards, put on by the Maryland Technology Development Corporation (TEDCO), recognizes businesses and people from TEDCO‘s portfolio of more than 300 early-stage companies.
The winners (from the TEDCO press release):

• Innovation: Remedium Technologies, Inc. — Selected for creating a new technology that greatly improves or changes current products or processes and gained follow-on funding. Remedium Technologies is a medical device start-up that created a proprietary life-saving technology, Hemogrip that acts to stop traumatic bleeding rapidly. The company is located in College Park, Md.
• Corporate Excellence: TRX Systems, Inc. — Recognized for its growth in the number of employees, revenue and investments, as well as community involvement and industry recognition. TRX Systems develops location and tracking technologies in areas where GPS is unreliable or unavailable. The company is based in Greenbelt, Md.
• Entrepreneur: Robert Rashford, Genesis Engineering Solutions — Selected for outstanding leadership by a company founder. Rashford is the owner of Genesis Engineering Solutions, a company that provides engineering and operations services and advanced laser technology for government and commercial customers. With more than 30 years of engineering experience, Rashford founded Genesis in 1993 in Lanham, Md.

Also recognized was Phillip A. Singerman, TEDCO’s first executive director. This year’s ICE Awards also marked 15 years since TEDCO began investing taxpayer dollars into early-stage startups in the state as a way to drive economic development, as current president Rob Rosenbaum explained to Technically Baltimore in November.