Md. Code, Economic Development § 10-450
This is the official text of Md. Code, Economic Development § 10-450, part of Maryland’s Code, Economic Development — governs the state's economic development programs.
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§10–450.
Official statutory text
(a) The Corporation shall adopt regulations to establish:
(1) a competitive application process; and
(2) criteria and procedures for awarding grants from the Fund to eligible recipients.
(b) (1) In accordance with this part, all private sector entities in the State and all institutions of higher education in the State may be eligible recipients of grants.
(2) Priority for the award of any grant shall be given to those projects that are most likely to:
(i) attract significant investment in the State;
(ii) leverage significant additional grant or research funding from federal or private sector sources; or
(iii) establish the State as a key location for nanobiotechnology research and industry.
(1) a competitive application process; and
(2) criteria and procedures for awarding grants from the Fund to eligible recipients.
(b) (1) In accordance with this part, all private sector entities in the State and all institutions of higher education in the State may be eligible recipients of grants.
(2) Priority for the award of any grant shall be given to those projects that are most likely to:
(i) attract significant investment in the State;
(ii) leverage significant additional grant or research funding from federal or private sector sources; or
(iii) establish the State as a key location for nanobiotechnology research and industry.
Status: in_force · Read it on the official government site
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