TEDCO's FY25 Study Shows $17 Return on Every State Dollar Invested
Event summary
- TEDCO-backed companies generated $9.9B in economic output and 38,000 jobs since inception.
- FY25 alone saw $1B in statewide economic output, 4,027 jobs, and $479M in labor income.
- Independent study by Sage Policy Group found $17 in economic activity for every $1 of state funding.
- TEDCO generated $60M in state and local tax revenue in FY25, with $24.1M returned to counties and municipalities.
The big picture
TEDCO's FY25 study highlights its role as a critical economic engine for Maryland, particularly amid state job losses and budget deficits. The $17 return on investment underscores the effectiveness of public capital deployment in fostering private-sector growth. As Maryland contends with structural economic challenges, TEDCO's ability to convert state funding into jobs and tax revenue becomes increasingly vital.
What we're watching
- Public Investment Returns
- Whether TEDCO can sustain a $17 return on investment amid Maryland's economic headwinds.
- Economic Resilience
- How TEDCO's impact will evolve as Maryland faces a projected $6B budget gap by 2030.
- Program Effectiveness
- The pace at which TEDCO's diverse funding programs will drive further economic growth.
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