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§ 10-459. Committee of experts in areas of research considered for commercialization

West's Annotated Code of MarylandEconomic DevelopmentEffective: October 1, 2020

West's Annotated Code of Maryland
Economic Development (Refs & Annos)
Division II. Independent and Regional Development Units and Resources [Titles 9-End] (Refs & Annos)
Title 10. Statewide Development Resources and Revenue Authorities (Refs & Annos)
Subtitle 4. Maryland Technology Development Corporation (Refs & Annos)
Part V. Maryland Innovation Initiative (Refs & Annos)
Effective: October 1, 2020
MD Code, Economic Development, § 10-459
§ 10-459. Committee of experts in areas of research considered for commercialization
Currentness
Proposals for grant funding by universities
(a) Only qualifying universities may submit proposals for grant funding from the Initiative.
Composition of committee
(b) The participating members of the Initiative may establish a committee composed of experts in the areas of research considered for commercialization.
Service contracts with independent reviewers
(c) The Initiative may establish the committee under service contracts with independent reviewers.
Duties of committee
(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.
Member of committee ineligible for funding
(e) A member of the committee is not eligible to receive funding from the Initiative.

Credits

Added by Acts 2012, c. 450, § 1, eff. July 1, 2012. Amended by Acts 2020, c. 580, § 1, eff. Oct. 1, 2020.
MD Code, Economic Development, § 10-459, MD ECON DEV § 10-459
Current through legislation effective through July 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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