# Economic Development (GEC)

## Title 10. Statewide Development Resources and Revenue Authorities

### Subtitle 4. Maryland Technology Development Corporation

#### Section 10-459

(a) Only qualifying universities may submit proposals for grant funding from the Initiative.

(b) The participating members of the Initiative may establish a committee composed of experts in the areas of research considered for commercialization.

(c) The Initiative may establish the committee under service contracts with independent reviewers.

(d) The committee shall:

  (1) review, evaluate, and rate proposals for funding from the Initiative, based on:

    (i) the viability of commercializing the technology; and

    (ii) the relative costs associated with commercializing the technology; and

  (2) make recommendations to the participating members of the Initiative for the award and disbursement of grants from the Initiative.

(e) A member of the committee is not eligible to receive funding from the Initiative.

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