# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 4. Maryland Technology Development Corporation

#### Section 10-424

The Board may award financial assistance to:

(1) a local government;

(2) an agency, instrumentality, or nonprofit corporation that the local government designates;

(3) a public or private college or university;

(4) the Maryland Economic Development Corporation; or

(5) a nonprofit entity operating an incubator in the State.

---

Md. Code Ann., Econ. Dev. (as displayed at mgaleg.maryland.gov, October 16, 2026)