Maryland Statutes
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.

Structure Maryland Statutes