TEDCO Announces Investment in EBO

Maryland-based business works to create more efficient and inclusive processes for finding talent in the media industry

COLUMBIA, Md. (January 10, 2024) – TEDCO, Maryland’s economic engine for technology companies, announced a recent $150,000 Pre-Seed Builder Fund investment in EBO, a woman- and minority-led startup. The Pre-Seed Builder Fund is housed under TEDCO’s Social Impact Funds which were created to engage and invest in economically underserved founders and communities.

“EBO is not only tackling the tedious process of finding and vetting talent, but we are also working to create a more diverse and inclusive system throughout the industry,” said Crystal Berger, CEO of EBO, Corp. “Thanks to TEDCO’s investment we can continue this process, support diverse talent and keep growing.”

EBO, Corp., based in Baltimore, Md., has developed a guest management application programming interface (API) that automates the operational media booking processes. Through their program, the company hopes to streamline the talent booking process while simultaneously allowing for more inclusivity throughout the media industry.

“EBO’s mission looks at more than efficiency – it’s looking to uplift Maryland’s diverse workforce,” said Jean-Luc Park, senior director of TEDCO’s Social Impact Funds. “By leveraging technology to strengthen these goals, Crystal has created a solution that should better support the diverse talent in Maryland. In turn, this may help to grow Maryland’s ecosystem, allowing for a more sustainable workforce.”

Funded companies are provided with resources like hands-on executive support, peer-to-peer mentoring and collaboration, and networking opportunities. For information about TEDCO’s Builder Fund, visit https://www.tedcomd.com/funding/builder-fund.

For more information about our funding opportunities, click here.