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Statutes Text

Article - Economic Development


    The purpose of the Initiative is to:

        (1)    promote the commercialization of research conducted in universities in the State;

        (2)    encourage qualifying universities to partner on commercialization and other activities, including with federal laboratories located in Maryland; and

        (3)    facilitate the transfer of technology from universities to commercial industries, by:

            (i)    assessing the viability and value of the technology;

            (ii)    defining and exploiting potential markets for the technology;

            (iii)    identifying funding sources to support the development of the technology; and

            (iv)    developing commercialization strategies.