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July 16th, 2007
Seventy companies have completed the Maryland Transfer Technology Fund so far, she said, and TEDCO provided them with about $4 million in funding, allowing them to develop products from nanotechnology to stem cells and bring them to investors.
According to Winksey, those 70 companies leveraged about $138 million from private venture capitalists with their finished products.
"If we're trying to be anything here," Minges said, "we're trying to be the anti-traditional grant program."
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