The work of The Jacob France Institute was touted in February 2024 news release titled "TEDCO Generates $2.7 Billion in Economic Benefits for Maryland鈥檚 Ecosystem in 2023."
JFI took a look at the economic and fiscal Impacts of TEDCO鈥檚 seven core programs.
They were retained by TEDCO to update the prior 2013, 2015, 2018 and 2021 analyses
of the corporation鈥檚 economic and fiscal impacts.
The key findings of this analysis included:
- Maryland has been at the forefront of investing in technology-based economic development
for more than a quarter of a century.
- TEDCO鈥檚 programs have supported the development of a large, diverse and growing portfolio
of companies that supports the growth and diversification of the Maryland economy.
- Maryland has received significant and growing economic benefits from its investment
in TEDCO.
- Maryland has received a strong return on its investment in TEDCO.
