In order to foster inclusive and diverse entrepreneurship and innovation throughout the State, including initiatives to raise awareness of investment programs to assist small minority and women-owned businesses, TEDCO shall:

1. A. Establish bench-marks for diversity and inclusion for each investment program;
2. B. Provide in the application process an opportunity for applicants to self-identify economic disadvantage;
3. C. Consider historical data on investments in comparison to the bench-marks; and
4. D. Develop outreach marketing targeted to economically disadvantaged groups in the State.

Authority: Economic Development Article, §§10-409 and 10-4A-27, Annotated Code of Maryland

Effective date: December 30, 2019 (46:26 Md. R. 1167)

Regulation 03 amended effective July 8, 2024 (51:13 Md. R. 647)

Regulation 04 amended effective September 18, 2023 (50:18 Md. R. 800)

Regulation .04A amended effective January 20, 2025 (52:1 Md. R. 19)

Regulation .05B amended effective February 22, 2021 (48:4 Md. R. 178); September 18, 2023 (50:18 Md. R. 800)

Regulation .05D amended effective February 21, 2022 (49:4 Md. R. 302)

Regulation .06B amended effective September 18, 2023 (50:18 Md. R. 800)

Regulation .06B, C amended effective February 21, 2022 (49:4 Md. R. 302)

Regulation .09 amended effective February 21, 2022 (49:4 Md. R. 302)