reglab/housing_qa huggingface dataset:
MD. Economic Development Code Ann. §  10-449 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part IV - Coordinating Emerging Nanobiotechnology Research in Maryland Program|Section 10-449 - Financial Assistance

    (a)    Within the CENTR Maryland Program, subject to available funding, the Corporation shall award capital and operating grants from the Fund to private sector entities and institutions of higher education in the State to:        (1)    leverage federal funding for the establishment or construction of research centers in the State;        (2)    provide pilot funding for faculty at institutions of higher education in the State to develop initial research data for the development of larger grant funding proposals;        (3)    foster public–private partnerships between private industry and institutions of higher education in the State; and        (4)    assist with the transfer of nanobiotechnology research into commercial applications.    (b)    Within the CENTR Maryland Program, the Corporation may award operating grants from the Fund to institutions of higher education that shall include:        (1)    discovery educational grants to support postdoctorate or graduate–level collaboration with private sector entities on nanobiotechnology projects that:            (i)    shall be subject to supervision by faculty members; and            (ii)    require a matching sum, either direct or in–kind, from a private sector entity equivalent to the grant amount;        (2)    collaborative grants to support research teams from institutions of higher education working with private sector entities on collaborative research projects that:            (i)    focus on specific application development; and            (ii)    require a matching sum from the private sector entity equivalent to the grant amount; and        (3)    prototype grants to enable institutions of higher education and private sector entities to engage in projects that:            (i)    demonstrate whether a prototype is functional and manufacturable;            (ii)    demonstrate the cost effectiveness of nanotechnology–related applications; and            (iii)    shall be matched with an industry grant in an amount of at least $2 for every $1 of the prototype grant.
MD. Economic Development Code Ann. §  10-450 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part IV - Coordinating Emerging Nanobiotechnology Research in Maryland Program|Section 10-450 - Applications; Eligibility; Priority

    (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.
MD. Economic Development Code Ann. §  10-451 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part IV - Coordinating Emerging Nanobiotechnology Research in Maryland Program|Section 10-451 - Annual Report

    The Corporation shall include, as part of its annual report to the Governor and General Assembly under § 10–415 of this subtitle, a detailed description of the grants awarded under this part.
MD. Economic Development Code Ann. §  10-454 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-454 - Definitions

    (a)    In this part the following words have the meanings indicated.    (b)    “Commercialization” means the process of introducing a new product or technology into the market.    (c)    “Fund” means the Maryland Innovation Initiative Fund established under § 10–457 of this subtitle.    (d)    “Initiative” means the Maryland Innovation Initiative established under § 10–455 of this subtitle.    (e)    “Participating members” means the representatives described in § 10–455(b) of this subtitle.    (f)    “Qualifying university” means a public or private university that meets the requirements set forth under § 10–455(c) of this subtitle.    (g)    “Technology transfer” means the process of converting scientific and technological advances into marketable goods and services.    (h)    “University” means a nonprofit, research university located in Maryland.
MD. Economic Development Code Ann. §  10-455 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-455 - Maryland Innovation Initiative

    (a)    There is a Maryland Innovation Initiative.    (b)    The Initiative consists of the following participating members:        (1)    one official of State government not affiliated with Maryland higher education, or the official’s designee, appointed by the Governor;        (2)    two individuals from the private sector not affiliated with Maryland higher education with experience in commercializing technology in the State, one appointed by the President of the Senate, and one appointed by the Speaker of the House of Delegates; and        (3)    subject to subsection (c) of this section, the following members appointed by the respective universities:            (i)    one representative of the Johns Hopkins University;            (ii)    one representative of Morgan State University;            (iii)    one representative of University of Maryland Baltimore County; and            (iv)    two representatives of the University of Maryland, one from the College Park Campus and one from the Baltimore Campus.    (c)    (1)    Subject to paragraph (2) of this subsection, only the universities listed under subsection (b)(3) of this section may qualify for participation in the Initiative.        (2)    To qualify for participation in the Initiative, a university shall provide, as specified in paragraph (3) of this subsection, a contribution annually to the Initiative to carry out the purposes set forth under this part.        (3)    (i)    To qualify for participation in the Initiative, the following universities shall pay an annual contribution of at least $200,000:                1.    Johns Hopkins University;                2.    University of Maryland, Baltimore Campus; and                3.    University of Maryland, College Park Campus.            (ii)    To qualify for participation in the Initiative, the following universities shall pay an annual contribution of at least $100,000:                1.    Morgan State University; and                2.    University of Maryland Baltimore County.        (4)    A university listed under subsection (b)(3) of this section may elect to withdraw as a participating member for future years on providing 60 days’ written notice to the Chair or Executive Director of the Initiative.    (d)    The participating members of the Initiative shall select a chair from among their members.    (e)    A participating member of the Initiative:        (1)    may not receive compensation as a member of the Initiative; but        (2)    is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget or under the applicable travel regulations of a university if the university reimburses the participating member.    (f)    The Initiative may employ staff, including an Executive Director.
MD. Economic Development Code Ann. §  10-456 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-456 - Purpose of Initiative

    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.
MD. Economic Development Code Ann. §  10-457 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-457 - Maryland Innovation Initiative Fund

    (a)    There is a Maryland Innovation Initiative Fund.    (b)    The purpose of the Fund is to provide funding for the purposes described in § 10–456 of this subtitle.    (c)    The Corporation shall administer the Fund.    (d)    The Fund consists of:        (1)    appropriations as provided in the State budget;        (2)    contributions by the qualifying universities under § 10–455 of this subtitle;        (3)    grants or funds from federal laboratories located in Maryland;        (4)    interest or other income earned on the investment of money in the Fund; and        (5)    any other money accepted for the benefit of the Initiative.    (e)    Money in the Fund may be used only to:        (1)    award grants or provide equity investment financing to promote the commercialization of research in accordance with the terms of this part; and        (2)    pay the costs necessary to administer the Initiative.    (f)    (1)    The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.        (2)    The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.        (3)    The State Treasurer shall invest the money in the Fund in the same manner as other State money may be invested.        (4)    Any investment earnings of the Fund shall be credited to the Fund.
MD. Economic Development Code Ann. §  10-458 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-458 - Functions

    (a)    The Initiative may:        (1)    provide grant funding or equity investment financing to a qualifying university, qualifying university–based entrepreneur, or other start–up entity, to promote the commercialization of technology developed in whole or in part by a qualifying university;        (2)    pursue grants, other funds, and in–kind contributions for the Initiative or its qualifying universities;        (3)    develop and implement guidelines for technology transfer; and        (4)    identify projects at qualifying universities that may be viable for commercialization.    (b)    The grant funding or equity investment financing in subsection (a) of this section shall be awarded:        (1)    to support pre–commercial research on intellectual property to increase the likelihood of commercializing the intellectual property;        (2)    to defray costs of evaluating the feasibility of a technology becoming commercialized through a start–up company;        (3)    to defray the direct costs of developing early stage technology through a start–up entity;        (4)    to assess intellectual property issues, including licensing and patents; or        (5)    for any other costs that the Initiative’s participating members determine are appropriate to promote technology transfer and commercialization in the State.
MD. Economic Development Code Ann. §  10-459 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-459 - Proposals for Granting Funding

    (a)    Only qualifying universities may submit proposals for grant funding from the Initiative.    (b)    The participating members of the Initiative may establish a committee composed of experts in the areas of research considered for commercialization.    (c)    The Initiative may establish the committee under service contracts with independent reviewers.    (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.    (e)    A member of the committee is not eligible to receive funding from the Initiative.
MD. Economic Development Code Ann. §  10-460 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part V - Maryland Innovation Initiative|Section 10-460 - Annual Reports

    The Corporation shall include, as part of its annual report to the Governor and the General Assembly under § 10–415 of this subtitle, a detailed description of:         (1)    the number of technology transfer transactions or projects for which the Initiative provided funding;        (2)    the amount and source of funds the Initiative identified to assist in the development of technologies;        (3)    the qualifying universities or entities for which funding was awarded;        (4)    the commercial value of technology that was transferred to the commercial industry; and        (5)    any recommendations for improving the overall effectiveness of technology transfer through the Initiative.
MD. Economic Development Code Ann. §  10-463 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part VI - Cybersecurity Investment Fund|Section 10-463 - Definitions

    (a)    In this part the following words have the meanings indicated.    (b)    “Commercialization” means the process of introducing a new product or technology into the market.    (c)    (1)    “Cybersecurity” means information technology security.        (2)    “Cybersecurity” includes the protection of networked devices, networks, programs, and data from unintended or unauthorized access, change, or destruction.    (d)    “Fund” means the Cybersecurity Investment Fund established under § 10–464 of this subtitle.
MD. Economic Development Code Ann. §  10-464 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part VI - Cybersecurity Investment Fund|Section 10-464 - Cybersecurity Investment Fund

    (a)    There is a Cybersecurity Investment Fund.    (b)    The purpose of the Fund is to:        (1)    provide seed and early–stage funding for emerging technology companies located in the State focused on cybersecurity and cybersecurity technology product development;        (2)    maximize Corporation investments by supporting funded emerging technology companies to enable corporate growth and to obtain third–party downstream funding for commercialization; and        (3)    leverage Corporation investments in early–stage cybersecurity companies by taking advantage of economic development opportunities throughout the State.    (c)    The Corporation shall administer the Fund.    (d)    The Fund consists of:        (1)    appropriations as provided in the State budget;        (2)    money made available to the Fund through federal programs or private contributions;        (3)    repayment of capital or principal or payment of interest on any debt or equity investments from the Fund;        (4)    investment earnings of the Fund; and        (5)    any other money accepted by the Corporation for the Fund.    (e)    The Corporation may use the Fund to:        (1)    carry out the purposes of the Fund related to the commercialization of cybersecurity research and cybersecurity technology product development in accordance with the terms of this part; and        (2)    pay the costs necessary to implement this part and to administer the Fund.    (f)    (1)    The Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.        (2)    The State Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.        (3)    The State Treasurer shall invest the money in the Fund in the same manner as other State money may be invested.        (4)    Any investment earnings of the Fund shall be credited to the Fund.
MD. Economic Development Code Ann. §  10-465 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part VI - Cybersecurity Investment Fund|Section 10-465 - Reports

    The Corporation shall include, as part of its annual report to the Governor and the General Assembly under § 10–415 of this subtitle, a detailed description of:         (1)    the number of Fund proposals received by the Corporation during the preceding fiscal year;        (2)    the number of Fund transactions or projects for which the Corporation provided funding during the preceding fiscal year;        (3)    the amount of money awarded by the Fund in the preceding fiscal year; and        (4)    the total amount of third–party downstream funding of completed investments since Fund inception.
MD. Economic Development Code Ann. §  10-468 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part VII - Enterprise Fund|Section 10-468 - Definitions

    In this part, “Fund” means the Enterprise Fund established under § 10–469 of this subtitle.
MD. Economic Development Code Ann. §  10-470 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4 - Maryland Technology Development Corporation|Part VII - Enterprise Fund|Section 10-470 - Administration of Grants

    (a)    The Corporation may require that all or part of a grant be repaid, with interest at a rate the Corporation sets, when conditions specified by the Corporation occur.    (b)    (1)    Whenever the Corporation is authorized by law to make a grant, including a grant from the Economic Development Opportunities Program Account authorized under § 7–314 of the State Finance and Procurement Article, the Corporation may use money appropriated for the grant to make an equity investment in a qualified business.        (2)    (i)    Except as provided in subparagraph (ii) of this paragraph and Subtitle 4A of this title, in making an equity investment under this subtitle or Subtitle 4A of this title, the Corporation may not acquire an ownership interest in an enterprise that exceeds 25%.            (ii)    In making an equity investment under this subtitle or Subtitle 4A of this title in one or more venture or private equity firms, the Corporation may acquire an ownership interest exceeding 25%.        (3)    Within 15 years after making an equity investment under this subtitle or Subtitle 4A of this title, the Corporation shall divest itself of that investment.        (4)    The liability of the State and the Corporation in making an equity investment under this subtitle or Subtitle 4A of this title is limited to the amount of that investment.
MD. Economic Development Code Ann. §  10-4A-02 (2021)
2021 Maryland Statutes|Economic Development|Division II - Independent and Regional Development Units and Resources|Title 10 - Statewide Development Resources and Revenue Authorities|Subtitle 4A - Invest Maryland Program|Part I - General Provisions|Section 10-4A-02 - Maryland Venture Fund Authority Established

    There is a Maryland Venture Fund Authority in the Corporation.