MARYLAND TECHNOLOGY DEVELOPMENT CORPORATION

DEFUNCT AGENCIES

BIOMARYLAND CENTER
As part of Maryland BIO 2020 Initiative, BioMaryland Center opened in Jan. 2009 as Maryland Biotechnology Center. In April 2013, it was renamed BioMaryland Center. Formerly under Department of Business and Economic Development, functions of BioMaryland Center transferred to Maryland Technology Development Corporation in Oct. 2015 (Chapter 141, Acts of 2015). There, it was immediately restructured as Life Sciences Investment Fund.

BUSINESS DEVELOPMENT
Through Maryland Technology Incubator Program, Corporation encouraged and promoted entrepreneurship and creation of jobs in technology-related industries. To nonprofit corporations, public entities, or existing incubator programs, Program provided matching funds for acquisition and construction of new or expanded space, or renovation of existing space for incubator facilities (Code Economic Development Article, secs. 10-419 through 10-426).

MARKETING & COMMUNITY RELATIONS
Renamed Marketing in Nov. 2016.

TECHNOLOGY COMMERCIALIZATION FUND
Renamed Seed Investment Funding in Nov. 2016.

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