1. A. In this chapter, the following terms have the meanings indicated.

2. B. Terms Defined.

   1. (1) “RBII Fund” is part of the RBII Program through which TEDCO provides pre-seed investments to small or early-stage technology-based businesses in rural areas or rural communities.
   2. (2) “RBII Program” means the Rural Business Innovation Initiative Program through which TEDCO provides pre-seed investment, technical and business assistance, mentoring services, and operational support to small or early-stage technology-based businesses in rural areas or rural communities.

Authority: Economic Development Article, §10-409, Annotated Code of Maryland

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