2013 Maryland Code
ECONOMIC DEVELOPMENT
§ 10-456 - Purpose of Initiative


MD Econ Dev Code § 10-456 (2013) What's This?

§10-456.

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.

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