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Committee hears TEDCO bills to boost Maryland manufacturing; researchers press MSCRF role
Summary
SB905 and SB763 would expand TEDCO‑backed grants and a Maryland Growth Initiative to scale advanced manufacturing and keep startups in state; researchers and the Maryland Stem Cell Research Commission urged amendments giving MSCRF authority over regenerative medicine manufacturing programs.
Senator Zucker told the Economic Matters Committee that SB905 would provide funding through TEDCO to support advanced manufacturing in areas including quantum computing, aerospace and life sciences, and to help early‑stage companies scale production without leaving Maryland. "This allows us to be able to provide grants and resources to manufacturers so they get to that scale so that these entities that we're funding at the early stages don't leave the state," he said.
TEDCO CEO Troy Lamell Stovall and several executives testified in…
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