Business and Finance
TEDCO and Senators Cardin and Van Hollen Announce Funding for Innovative Maryland Program
Last Updated on January 11, 2023 by Daily News Staff
Omnibus Spending Bill includes $418,000 for Open Institute for Black Women Entrepreneurs
COLUMBIA, Md. /PRNewswire/ — TEDCO, Maryland’s economic engine for technology companies, announced today that its Open Institute for Black Women Entrepreneur Excellence program was selected by the U.S. Senate Appropriations Committee for Fiscal Year 2023 Congressionally Directed Spending funding at a level of $418,000 – a direct federal funding request sponsored by U.S. Senators Ben Cardin and Chris Van Hollen (D-Md.). The funding for TEDCO’s 10-month leadership development program was included in the FY23 Omnibus Spending bill recently passed by Congress and signed into law by President Biden.
TEDCO identifies, invests in, and helps grow technology and life science-based companies in Maryland. Tweet
“As Chairman of the Small Business and Entrepreneurship Committee, I have long been committed to leveling the playing field for our underserved entrepreneurs. Small business is a path of self-determination for many, especially Black women entrepreneurs,” said Senator Cardin. “TEDCO has demonstrated its ability to reach these small business owners and help their businesses grow and thrive. I’m proud we have secured $418,000 in direct federal investment for this project, which will foster the entrepreneurial spirit within Maryland’s HBCU community.”
“To strengthen Maryland’s small businesses, we need to remove barriers to ensure that every entrepreneur has access to the resources and support to succeed. That’s why I fought to deliver this $418,000 direct federal investment in TEDCO’s Open Institute for Black Women Entrepreneurs – to expand opportunity, boost startups, and leverage Maryland’s diverse talent to foster more leadership opportunities. I look forward to continuing to work with TEDCO to advance our shared commitment to equity in action,” said Senator Van Hollen, a member of the Senate Appropriations Committee.
TEDCO’s Open Institute for Black Women Entrepreneur Excellence was created to address barriers to success. While they lead the way in business formation, only 3% of Black women business owners are running mature businesses. Research cites three key reasons—the types of businesses, limited access to capital, and the uneven distribution of access to key resources needed for entrepreneurship success—as barriers to entry and catching-up of disadvantaged groups. The new program builds on a promising statistic for Maryland’s inclusive economy: at 52%, Maryland has the highest rate per capita of women-business ownership in the United States.
“We are deeply appreciative of the efforts of Senators Van Hollen and Cardin, the Maryland congressional delegation members, and Congress for supporting and funding the Open Institute for Black Women Entrepreneur Excellence in this year’s FY23 Omnibus Spending package,” said Troy LeMaile-Stovall. “This funding supports local entrepreneurs in building critical skills, expanding their networks, and successfully growing their businesses—and the Maryland economy.”
The first year of the Open Institute for Black Women Entrepreneur Excellence is underway, starting as a pilot program in collaboration with Howard County Government, with plans to expand across the state. The program leverages the unique expertise of Maryland’s four HBCUs including Bowie State University, Coppin State University, Morgan State University, and the University of Maryland Eastern Shore. These Maryland HBCUs work with the cohort to determine their needs at the intersection of research, tech transfer and education. Another major component of the program is helping cohort members collaborate as a community and build their local and statewide networks.
“We know that women-owned start-ups, particularly those led by Black women, face an array of challenges, including the all-important access to capital,” said Linda Singh, executive director for TEDCO’s Women Entrepreneur Leadership Programs. “Our Open Institute for Black Women Entrepreneur Excellence will give local entrepreneurs the opportunity to collaborate, grow their networks, and navigate the local innovation ecosystem together. It’s a winning combination for the leaders, their companies and the state of Maryland.”
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.
SOURCE TEDCO
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Lifestyle
Preparing for the Future of Work: Tips to help teens choose a career path
Preparing for the Future of Work: American teens are optimistic about their careers despite concerns over AI’s impact. Many value internships and real-world experience over degrees, and are weighing passion against pay, seeking balance in their future career choices.
Last Updated on December 2, 2025 by Daily News Staff
Preparing for the Future of Work: Tips to help teens choose a career path
(Family Features) American teens are preparing for a workforce shaped by AI, new approaches to education and economic uncertainty. While challenges are real, optimism remains high.
In fact, 94% of teens said they are optimistic about their future careers, reflecting a strong sense of hope and ambition, according to research from Junior Achievement and Citizens. The two organizations have partnered for more than 18 years to advance financial empowerment nationwide, with the bank allocating funding and volunteer support, including more than $630,000 in 2025 to support financial empowerment programs that give people the confidence and tools they need to budget, save, invest and pursue their goals.
However, 57% of teens surveyed believe AI has negatively impacted their career outlook, raising concerns about job replacement and the need for new skills.
“Today’s teens face a rapidly changing world, from the rise of AI to shifts in education and careers,” said Susan LaMonica, chief human resources officer at Citizens. “The survey shows they know the importance of adaptability and continuous learning.”
To help teens build skills for emerging roles and navigate their futures, consider these tips from the experts at Junior Achievement, the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their futures and make smart academic and economic choices.
Explore Internships
Success depends on more than credentials alone. Survey respondents believe networking (50%) and internships (41%) are keys to future success. What’s more, 56% believe real-world experience is more valuable than a four-year degree. Internships can provide that experience and allow students to test their interest in a field while building their professional networks, developing skills that can be applied to a range of career paths, identifying strengths and weaknesses and clarifying future goals.
Consider Post-High School Education
Teens’ perspectives on education reflect their uneasiness. Only 40% of teens surveyed believe a four-year degree is always a good investment. At the same time, about 6 in 10 believe a bachelor’s or graduate degree is still necessary for their chosen profession, which shows how complicated these decisions can be. While many careers require a college diploma, that isn’t the only path to career success. In addition to traditional four-year universities, consider alternate education paths such as trade schools or technical programs, apprenticeships, two-year degree programs or professional certifications if applicable to your career path.
Weigh Passion Against Pay
While most teens surveyed (63%) said they would prefer a good-paying job even if it comes with stress, many are weighing passion against pay as they explore career opportunities. In fact, some top industries in which teens plan to pursue a job include health care and life sciences (30%), arts and music (27%) and content creation and digital media (25%), further showcasing that willingness. Many students are also exploring less traditional routes to build security and opportunity, with 87% expecting to earn extra income through side hustles, gig work or social media content creation.
“The data illustrates how the stressors on young people are compounding year after year,” said Tim Greinert, president of Junior Achievement USA. “It also shows how resilient and savvy students are these days in terms of understanding the world around them and deciphering the best path to the future that’s best for them.”
To learn more about preparing for future success and find full survey results, visit JA.org/FutureOfWork.
Photo courtesy of Shutterstock
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Family
Holiday Must-Haves: Make holiday shopping a cinch
There’s nothing quite like the joy of watching a loved one’s face light up when opening a gift you selected with care, but holiday shopping can be a chore.
Last Updated on November 28, 2025 by Daily News Staff
(Family Features) There’s nothing quite like the joy of watching a loved one’s face light up when opening a gift you selected with care, but holiday shopping can be a chore.
If you’re a shopper at heart, it may be a challenge you enjoy, but if the idea of holiday shopping brings out the Grinch in you, consider these ideas for gifts to delight those you love this holiday season.
Look for more ideas to make this holiday season magical at eLivingtoday.com.
Power Up Your Holidays with Protein
Whether you’re out shopping or traveling for the holiday, savor the season without compromising health goals by treating yourself to a Premier Protein Winter Mint Chocolate High Protein Shake. Featuring cozy chocolate and refreshing mint flavors, this seasonal favorite is back, but for a limited time only. Flavorful and packed with the nutrition you need, each shake includes 30 grams of protein, 160 calories and 1 gram of sugar. Whether you drink this shake on its own or use it as an ingredient, you can ring in the season with a healthy amount of vitamins C and E, important antioxidants to support a healthy immune system as part of a healthy diet and lifestyle. Learn more at PremierProtein.com.
Holiday Sweets for a Good Cause
Few things go together like the holiday season and sweet treats. By gifting family and friends Wendy’s Frosty Key Tags, which are good for a free Jr. Frosty with every purchase, you can give back all year long because proceeds from every tag sold helps the Dave Thomas Foundation for Adoption find loving, adoptive homes for children in foster care. Available for purchase every November and December, tags are good for one full year and can be purchased in-restaurant, at the drive-thru, via a kiosk, through the app or at Wendys.com.
Step Up Gifting with Fashion-Forward Footwear
Every fashionista knows there’s no such thing as too many shoes, and that includes ankle boots and booties that never go out of style. These low-slung styles can be dressed up or down, depending on the look you’re wearing. Among this season’s hottest designs are faux animal prints, such as cheetah or snakeskin, that add some playful color and texture to complete an ensemble. If you’re not sure about the color or style, a classic black or brown bootie with well-padded soles and a moderate heel is a versatile choice with universal appeal.
Brrr-ing Gifts of Warmth and Good Cheer
Give loved ones an easy way to brighten a cold, dreary day with a cute and cozy matching hat and glove set. It’s a thoughtful and practical gift that brings a smile to recipients’ faces each time they don those warm layers to face a blustery day. What’s more, with all the options for personalization, it’s an affordable way to show you care. When choosing the perfect duo, keep your loved ones’ tastes and preferences in mind. You can find hats and gloves to match virtually any interest, whether it’s a favorite color, sports team or pop culture reference.
Holiday Shopping Hot List
Turns out, Santa may be onto something. Making your list and checking it twice can help you save money (and your sanity) during the holiday season.
- Set a budget and stick to it. Remember to include all your seasonal expenses, including Secret Santa and teacher gifts, ingredients for dishes you’ll take to potluck gatherings and admission to special holiday activities.
- Make a list. Having an idea of what you’d like to buy can help you stick to your budget and avoid frustration when you’re in the stores. You’ll be more likely to avoid costly impulse purchases and you’ll be more efficient while shopping. If you can, jot down a couple of backup ideas just in case what you want proves hard to find or exceeds your budget.
- Shop for deals. Before you head out shopping, research specials on the items on your list. You may be able to adjust your timing to take advantage of sales or find steep discounts at stores you don’t normally visit.
- Give yourself plenty of time. If holiday shopping stresses you out, it’s a good idea to start early. That way you can tackle a little at a time and avoid feeling the pressure of a ticking clock. Also try shopping during off-peak hours, such as during the week, when stores are likely to be less crowded.
- Map out your plan of attack. Planning the most direct route to travel from one retailer to the next can help keep you organized and avoid unnecessary backtracking. You can also save time and gas by making purchases online. Be sure to watch for promotions that provide free shipping and be conscious of shipping times to ensure gifts arrive in time for the big day.
Photo courtesy of Getty Images (couple with gifts)
Photos courtesy of Unsplash (boots and hats)
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Consumer Corner
The Rise and Evolution of Cyber Monday
Cyber Monday: The online shopping extravaganza that offers incredible deals and convenience for savvy shoppers. #CyberMonday
Last Updated on November 28, 2025 by Daily News Staff

Cyber Monday, the digital shopping extravaganza, has emerged as the Internet’s response to Black Friday. Traditionally held on the Monday after Thanksgiving, it initially aimed to rival the in-store deals of its brick-and-mortar counterpart. However, the retail landscape has evolved, and now both events often overlap. Yet, Cyber Monday retains its allure, with online sales soaring and social media playing a vital role in advertising. The convenience of mobile shopping has further fueled its popularity, allowing people to snag deals on the go. From tech gadgets to clothing and gift cards, Cyber Monday continues to captivate shoppers seeking holiday savings.
Welcome to the Consumer Corner section of STM Daily News, your ultimate destination for savvy shopping and informed decision-making! Dive into a treasure trove of insights and reviews covering everything from the hottest toys that spark joy in your little ones to the latest electronic gadgets that simplify your life. Explore our comprehensive guides on stylish home furnishings, discover smart tips for buying a home or enhancing your living space with creative improvement ideas, and get the lowdown on the best cars through our detailed auto reviews. Whether you’re making a major purchase or simply seeking inspiration, the Consumer Corner is here to empower you every step of the way—unlock the keys to becoming a smarter consumer today!
https://www.nationaldaycalendar.com/national-day/cyber-monday-monday-after-thanksgiving
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