# Economic Development (GEC)

## Title 6. Economic Development Tax Incentives

### Subtitle 6. Maryland E-Nnovation Initiative Program

#### Section 6-615

(a) The governing body of each nonprofit institution of higher education shall submit a research endowment plan to the Authority prior to submitting its first request for a distribution of matching funds from the Fund.

(b) The research plan shall include:

  (1) any information requested by the Authority to ensure compliance with the requirements of this subtitle; and

  (2) a demonstration of interest from qualified private donors to meet the criteria established by the Authority.

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