# COMAR Title 14 — Independent Agencies

## Subtitle 04 — Maryland Technology Development Corporation

### Chapter 12 — Maryland Small Business Innovation Research and Technology Transfer Incentive Program

#### Regulation .05 Award Limitations.

*COMAR 14.04.12.05*

Subject to the availability of money in the Fund, TEDCO shall provide an award to selected applicants as follows:

A. For Phase I SBIR award or STTR award applicants, an award under the Program shall be the lesser of:

  (1) 25 percent of the Phase I SBIR award or STTR award; or

  (2) $25,000.

B. For Phase II SBIR award or STTR award applicants, an award under the Program shall be the lesser of:

  (1) 25% of the Phase II SBIR award or STTR award; or

  (2) $75,000.