Rural Maryland company developing an advanced water filtration system
TEDCO, Maryland’s economic engine for technology companies, announced a recent $25,000 Rural Business Innovation Initiative (RBII) Rural Pre-Seed Fund investment in Aquatic Circle LLC. TEDCO’s RBII was designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies based in rural Maryland.
“There is a need for new, natural solutions to common processes like water processing and waste treatments,” said Dung Hoang, CEO of Aquatic Circle. “Thanks to TEDCO’s investment, we can continue developments and hopefully expand towards developing new nutrient recycling methods for large scale farming systems.”
Aquatic Circle LLC, located in Cumberland, Md., is within the Maryland Energy Innovation Accelerator and is focused on developing innovative and nature-based solutions for nutrient recycling, water processing and waste treatments. The company developed a low-maintenance and chemical free filtration system for fish tanks that works to keep the water clean and clear. TEDCO’s pre-seed investment will help the company to launch the product.
“The Rural Pre-Seed Fund provides companies based in rural Maryland with an opportunity to continue developing their innovative ideas,” said Chuck Ernst, TEDCO’s RBII mentor, western region. “Aquatic Circle’s thinking is a great example of the unique advancements and perspectives that Maryland’s rural businesses can offer our ecosystem.”
TEDCO’s Rural Business Innovation Initiative is designed to enhance technology commercialization and provide technical and business assistance to small and early-stage companies in rural Maryland. To learn more about mentoring and funding opportunities from RBII, visit https://www.tedcomd.com/resources/rural-business-innovation-initiative.
About TEDCO
TEDCO, the Maryland Technology Development Corporation, enhances economic empowerment growth through the fostering of an inclusive entrepreneurial innovation ecosystem. TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Learn more at www.tedcomd.com.
