Section 10-423 - Allowed purposes(a) After consulting with the Secretary, the Board shall adopt standards to award financial assistance.(b) The standards shall authorize the award of financial assistance to: (1) support the development and use of best practices in the incubation process;(2) provide strategic planning, needs assessments, and feasibility studies; or(3) help acquire or improve new or expanded space or improve existing space for an incubator, including providing or helping another with:(ii) acquisition of architectural or engineering services;(iii) payment of administrative costs;(iv) development or upgrading of communications infrastructure;(v) acquisition of furnishings or equipment; or(vi) acquisition of other items associated with tenant build-out.Amended by 2020 Md. Laws, Ch. 580,Sec. 1, eff. 10/1/2020.