Md. Code Ann., Econ. Dev. § 10-474
Maryland Small Business Innovation Research and Technology Transfer Incentive Program
Effective Jul 1, 2025Added by Acts 2021, c. 8, § 2, eff. March 13, 2021; Acts 2021, c. 25, § 2, eff. March 14, 2021. Amended by Acts 2021, c. 205, § 1, eff. July 1, 2021; Acts 2025, c. 200, § 1, eff. July 1, 2025; Acts 2025, c. 201, § 1, eff. July 1, 2025.State of Maryland
- (a) There is a Maryland Small Business Innovation Research and Technology Transfer Incentive Program.
- (b) The Corporation shall administer the Program.
(c) The purpose of the Program is to foster job creation and economic development in the State by:
- (1) promoting the commercialization of research conducted by small businesses in the State;
- (2) facilitating the transfer of technology from universities and federal research laboratories to small businesses; and
- (3) encouraging small businesses, including economically disadvantaged small businesses, to apply for small business innovation research awards and small business technology transfer awards.
Added by Acts 2021, c. 8, § 2, eff. March 13, 2021; Acts 2021, c. 25, § 2, eff. March 14, 2021. Amended by Acts 2021, c. 205, § 1, eff. July 1, 2021; Acts 2025, c. 200, § 1, eff. July 1, 2025; Acts 2025, c. 201, § 1, eff. July 1, 2025.