When TEDCO CEO Troy LeMaile-Stovall officially took his position in September 2020, he immediately identified a disconnect in the Maryland business ecosystem.
He surmised that Baltimore City and Prince George’s County, two of the most populated areas in Maryland, were underinvested in and flat-out under-resourced. This lack of accessibility has been impairing minority entrepreneurs for many years.
LeMaile-Stovall formed the Urban Business Innovation Initiative (UBII) to help level the playing field. The UBII, which is piloting in those two regions right now, provides technical and business assistance to small and early-stage companies in cities across Maryland by connecting them with resources from all around the state.
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