TEDCO, Maryland’s lead source for entrepreneurial business assistance and seed funding for the development of startup companies in Maryland’s innovation economy, has appointed a new CEO. George Davis was announced as CEO yesterday.
Rick Kohr, CEO of Evergreen Advisors has been active with TEDCO over the years. He commented on TEDCO’s new hire: “This is the right time for George to become TEDCO’s CEO. They’ve selected an incredibly solid leader at a period when TEDCO is in a very strong position. George is a great match, and he will be able to leverage the rich history of TEDCO with his extensive and successful experience as a serial entrepreneur, C-level executive and knowledgeable investor.”
George was previously the co-founder and CEO of Gemstone Biotherapeutics, a research and development company that develops advanced wound care solutions. He was also President of Aether Systems, a data management software system related to healthcare, transportation logistics, and sales force automation, founder of Gamma3, an investment initiative for early stage funding for advanced technology companies, and President and CEO of Avatech, a professional services company for design and engineering technologies, which merged with Rand Worldwide in 2010.
The Maryland Technology Development Corporation (TEDCO) is the go-to source for entrepreneurial support and guidance for startups and early-stage companies engaged in bringing innovative ideas to market. For over nineteen years, the organization has provided funding, mentoring and networking opportunities to support Maryland’s innovation ecosystem. It is frequently ranked as one of the most active seed/early-stage investors in the nation. The organization plays a key role in bringing research created in Maryland’s educational institutions and federal laboratories into the commercial marketplace. For more information about TEDCO and its programs and resources, visit www.TEDCO.md.
About Evergreen Advisors
Evergreen Advisors is a boutique middle market investment bank and corporate advisory firm focused on servicing organizations throughout their financial lifecycles to drive successful outcomes. Serving the Mid-Atlantic region including Maryland, Washington D.C., Virginia, and Pennsylvania, Evergreen Advisors, LLC was formed in 2001 to provide innovative and strategic solutions to meet our clients’ evolving business needs.