Section 10-402 - Established(a) There is a Maryland Technology Development Corporation.(b) The Corporation is a body politic and corporate and is an instrumentality of the State.(c) The purposes of the Corporation are to: (1) assist in transferring to the private sector the results and products of scientific research and development conducted by colleges, universities, and federal research institutions in the State;(2) assist in commercializing those results and products;(3) assist in commercializing technology developed in the private sector;(4) foster the commercialization of research and development conducted by colleges, universities, and the private sector to create and sustain businesses throughout all regions of the State;(5) generally assist early-stage and start-up businesses in the State;(6) invest in Maryland-based technology companies and promote the commercialization and growth of technology companies and jobs in the State;(7) build a long-term entrepreneurial capacity and sustained venture capital presence in the State;(8) create pathways to follow-on financing in the State; and(9) foster inclusive and diverse entrepreneurship and innovation throughout the State, which may include initiatives to raise awareness of programs to assist small, minority, and women-owned businesses through marketing and other efforts.(d) In accordance with § 10-834 of this title, the Corporation and the Maryland Clean Energy Center shall coordinate with the Maryland Energy Innovation Institute in supporting Maryland-based technology companies engaged in clean energy innovation.Brought forward without change, 2021 Md. Laws, Ch. 196,Sec. 1, eff. 7/1/2021.Brought forward without change, 2021 Md. Laws, Ch. 195,Sec. 1, eff. 7/1/2021.Amended by 2020 Md. Laws, Ch. 580,Sec. 1, eff. 10/1/2020.Amended by 2019 Md. Laws, Ch. 488,Sec. 1, eff. 6/1/2019.Amended by 2019 Md. Laws, Ch. 487,Sec. 1, eff. 6/1/2019.Amended by 2015 Md. Laws, Ch. 141,Sec. 2, eff. 10/1/2015.