Maryland Statutes
Subtitle 7 - Maryland Venture Capital Trust
Section 10-708 - Preferred Proposals

The Board shall give preference to venture capital fund proposals that:
        (1)    provide financing predominately to businesses that conduct a substantial amount of business in the State;
        (2)    require venture capital funds to match the money invested by the Trust with money invested by private investors on at least a 1 to 3 ratio; and
        (3)    ensure that a majority of the money that the Trust invests is for seed capital financing in the State.

Structure Maryland Statutes