§ 10–454
Statutes in effect as of October 1, 2026.
Md. Code Ann., Econ. Dev. § 10-454 (2026)
Title 10. Statewide Development Resources and Revenue Authorities
Subtitle 4. Maryland Technology Development Corporation
§ 10–454LinkCopy Citation
(a)
In this part the following words have the meanings indicated.
(b)
“Commercialization” means the process of introducing a new product or technology into the market.
(c)
“Fund” means the Maryland Innovation Initiative Fund established under § 10–457 of this subtitle.
(d)
“Initiative” means the Maryland Innovation Initiative established under § 10–455 of this subtitle.
(e)
“Participating members” means the representatives described in § 10–455(b) of this subtitle.
(f)
“Qualifying university” means a public or private university that meets the requirements set forth under § 10–455(c) of this subtitle.
(g)
“Technology transfer” means the process of converting scientific and technological advances into marketable goods and services.
(h)
“University” means a nonprofit, research university located in Maryland.