A mobile application designed to spur users to exercise more, an online marketplace that links food producers and distributors with wholesale buyers, and a blood test for breast cancer are among the products being developed by 16 startups that are receiving a total of $1.2 million in funding from the Maryland Technology Development Corp.
Most of the companies each are receiving $75,000, while rel-MD received $46,000.
The program is designed to help move new technologies from the laboratory to the marketplace.
“As the first place entrepreneurs in Maryland often look for support, Tedco is in a unique position to help companies make their businesses a commercial reality,” Rob Rosenbaum, executive director, said in a statement. “Each of these companies show great promise and marketability and we look forward to tracking their growth.”
To date, 160 companies have received $11 million in this funding and completed their projects.
The recipients and their projects
Assay Biomarker, disease-specific biomarker antibodies and related products.
Circulomics, assay platforms for multiplexed biomarker and molecular analysis.
Foodem.com, an online marketplace that connects food distributors, farms and specialty food manufacturers with wholesale food buyers, such as restaurants, schools and hospitals.
KYDES Phamaceuticals, therapeutic drugs designed to optimize therapy by increasing efficacy with minimal side effects.
Rel-MD, small-molecule drugs to inhibit rel proteins, with new opportunities as a novel treatment for cancer, inflammation and other diseases.
Emerald Sky Technologies, avionics technologies to enhance safety of flight in both general aviation and other segments of navigation.
Unbound Concepts, a natural language processing algorithm that can understand authored content in a deep ontological fashion, to bring value to publishers, educators and scientists.
ViiNetwork, VidStructor.com, which enables sports, fitness and wellness training businesses and organizations to make a profit through its two-way video training.
Curiosityville of Cockeysville, an online-offline learning tool for 3- to 8-year-old children and their families.
GlycoPure of Cambridge, a technology that centers on a genetically modified bacterium found in waste material from processing shellfish.
Nexercise of Silver Spring, a free mobile application that encourages people to exercise more by making the experience fun, social and rewarding.
OTraces of Rockville, a blood test-based breast cancer screening and detection product, which can be adapted to detect other cancers including prostate, lung and ovarian.
Smart Imaging Systems of Beltsville, a model of the world’s smallest autonomous mobile X-ray scanner to scan bags and objects for explosives and other threats.
Subject7 of Potomac, an automated Web-testing framework.
Tocreo Labs of Annapolis, a technology to store and protect user data and applications in value cards, mobile phones and reusable transit cards.
Woofound of Middle River, Web and mobile products that help users find music, movies, books and things to do by targeting suggestions that suit individual personalities and preferences.