TEDCO CEO and Partners Urge Keeping Equitec and MII Funding as DLS Recommends Cuts for FY27 DLS recommended reductions to several TEDCO programs in the FY27 allowance—particularly Equitec Growth Fund and MII extension funding—while TEDCO CEO Troy Stovall, MII leadership and regional partners urged legislators to preserve or restore funding, citing jobs, training and follow‑on private capital.

Maryland's tech future hangs in the balance as TEDCO's CEO fights against budget cuts that threaten vital funding for innovation and job creation.

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