TEDCO wants Md. startups to borrow an exec

TEDCO announced Monday the launch of its new Executive Exchange Program.
The coaching and resource initiative aims to help up to 80 Maryland startups in its first year, according to a release from the state-backed agency.
“As part of TEDCO’s practice of leveraging the impact of its seed stage funding and continually improving its service offerings, we’re responding to the need for additional support to Maryland’s start-up executives,” Rob Rosenbaum, TEDCO’s president and executive director said in the release.
The exchange program will include loaned executives provided to help startups, executive coaching, CEO roundtables, portfolio workshops and mentoring by Maryland Entrepreneurs Resource List members, TEDCO staff and Rural Business Initiative representatives.
The program’s first year will see loaned executives, coaching and CEO roundtables focused on companies in TEDCO’s Technology Commercialization Fund and Maryland Innovation Initiative.
“There’s a tremendous and logical leveraging effect that results from packaging all of those ongoing efforts alongside three new initiatives into a single integrated program,” Neil Davis, TEDCO’s director of entrepreneurial development, said in the release. “We look forward to not only assisting the leaders of promising start-ups, but also continuing to recruit mentors for them.”