George Davis

As CEO of TEDCO—Maryland’s economic engine for technology companies—George drives the organization’s mission to create and grow technology-based businesses that grow and thrive throughout Maryland. He garners his expertise from C-level acumen and a history of successful investment and operational engagements within the Maryland Innovation ecosystem.
George joined TEDCO in June 2017, boasting more than three decades of investing, building, and managing successful companies within the biotech, IT, and software industries. Most recently, George served as CEO of Gemstone Biotherapeutics, founded in conjunction with Johns Hopkins University to develop innovative, high efficiency, evidence-based wound care solutions. He also served as Partner with Gamma3 LLC, a Maryland-based investment platform which provides early-stage financing to locally based startups. While there, George guided investments in Maryland companies.
He has held executive roles at several publicly traded companies, including Northrop Grumman Corporation, Westinghouse Electric Corporation, and Aether Systems, where he helped grow the company by leading its public offering. He also served as CEO of Avatech Solutions, where he led its merger with Rand Worldwide in 2010, more than doubling the size of the business. George has also served on various advisory boards for local early-stage organizations, helping to secure more than $1.5 billion in capital for several technology sector companies over his career.
In his first year at TEDCO, George has helped entrepreneurs develop their startup companies through entrepreneurial business assistance and seed funding. Under his guidance, TEDCO recently added five companies to its seed portfolio, totaling $600,000 in new investments for tech and life science startups. Nicknamed an “entrepreneur’s entrepreneur” by TEDCO Chairman Newt Fowler, George embodies TEDCO’s mission of supporting small businesses—including tech startups—and making Maryland’s Innovation Ecosystem something all Marylanders can be proud of.
According to George: “Building strong relationships with all of the innovation ecosystem constituencies and leveraging the unprecedented footprint and pedigree of the state’s academic research facilities is paramount to our success.”
George holds a degree in Business and Economics from Bethany College, and is now an honored Trustee Emeritus.