§ 10-456. Purpose of Initiative

Latest version.

   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.

HISTORY: 2012, ch. 450.

                    
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