Maryland § 10-476
Full text of Maryland Maryland Code § 10-476, with citation guidance and answers to common questions.
§ 10-476.
(a) An applicant shall submit an application for a Program award or investment on the form that the Corporation requires.
(b) The Program shall review the application and all supporting materials to evaluate whether the applicant qualifies for an award or investment from the Program.
(c) (1) Subject to the availability of money in the Fund and paragraph (2) of this subsection, the Program may provide to an eligible small business an award or investment to match in part a small business innovation research award or small business technology transfer award.
(2) The Program shall prioritize providing awards and investments to eligible small businesses that are engaged in research and development activities that assist in the prevention of, preparedness for, or response to a public health crisis in the State.
(d) A small business may not receive:
(1) more than one award or investment during each fiscal year; and
(2) more than three awards or investments under this part.
(e) (1) Subject to paragraph (2) of this subsection, each quarter, the Corporation shall provide awards and investments on a competitive basis to eligible small businesses.
(2) In providing an award or investment under this section, the Corporation:
(i) shall consider:
1. the impact of the award or investment on the small business; and
2. how the small business will utilize the award or investment toward commercialization of the research conducted by the small business; and
(ii) may consider any additional criteria specified by the Corporation in regulation.
(f) The Program shall coordinate with comparable State and county programs to:
(1) conduct marketing and outreach, including conducting joint workshops, online training opportunities, and outreach to economically disadvantaged small businesses, minority–owned small businesses, women–owned small businesses, rural small businesses, and first–time small business innovation research award or small business technology transfer award applicants; and
(2) provide assistance to eligible businesses under this part.
Frequently Asked Questions About Maryland § 10-476
What does Maryland Code § 10-476 cover?
Section 10-476 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 10-476?
A common citation format is "Maryland Code § 10-476" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 10-476 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.