TEDCO Selects AIN to Support Management and Investment of Allocated SSBCI Funding | PR Newswire [Video]

AIN becomes the second selected VCLP to support the next generation of technology innovation

, /PRNewswire/ — TEDCO, Maryland’s economic engine for technology companies, announces the selection of AIN Ventures as one of the early-stage venture capital fund managers supporting the management and investment of up to $10 million in U.S. Department of Treasury State Small Business Credit Initiative (SSBCI) funding.

AIN becomes TEDCO’s second selected VCLP to support the next generation of technology innovation

“As a mission-driven organization, we are excited to work with early-stage entrepreneurs and TEDCO to strengthen Maryland’s innovation ecosystem and support the successful deployment of valuable SSBCI funding,” said Sherman Williams, co-founder and managing partner of AIN Ventures.

“We are thrilled to collaborate with TEDCO to invest in Maryland’s founders,” said Emily McMahan, co-founder and general partner of AIN Ventures. “Together, we’re not just providing capital; we’re offering support to nurture the next generation of …