Economic Development - Maryland Technology Development Corporation - Rural Business Innovation Initiative Fund
Sponsor: Senator EdwardsCommittee: Budget and TaxationSubject: Economic DevelopmentStatus: Hearing 3/10 at 1:00 p.m. (as of Nov 15, 2022)
What this bill does
Official synopsis
Establishing the Rural Business Innovation Initiative Fund in the Maryland Technology Development Corporation as a special, nonlapsing fund to provide assistance to start-up and small technology-based businesses in the rural areas of the State; requiring the Governor in fiscal year 2024 and each fiscal year thereafter, to include $500,000 in the annual budget bill for the Fund.
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Testimony (7)
MGA witness listFAV 7Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Kraft, Andrea | Allegany County Chamber of Commerce | Written (PDF) |
| FAV | Clapsaddle, Mary | Frostburg State University | Written (PDF) |
| FAV | Matthews, Dakota | Rural Maryland Council | Written (PDF) |
| FAV | LeMaile-Stovall, Troy | TEDCO | Oral + Written (PDF) |
| FAV | Kasemeyer, Pam | Individual | Written (PDF) |
| FAV | Senator Edwards, Senator Edwardslegislator | Individual | Oral |
| FAV | Wilson Randall, Claudia | Individual | Written (PDF) |