These regulations prescribe the objectives of the Program and the procedures and guidelines for TEDCO’s selection of businesses to receive an award under the Program. The purpose of the program is to foster job creation and economic development in the State by promoting the commercialization of research conducted by small businesses in the State and facilitating the transfer of technology from universities and federal research laboratories to small businesses.

Authority: Economic Development Article, §10-462, Annotated Code of Maryland

Effective date:

Regulations .01 — .07 adopted effective March 17, 2025 (52:5 Md. R. 238)