Economic Development - Business Diversity Incubator Program and Fund - Established
Sponsor: Melissa Wells (District 40)Committee: Ways and MeansSubject: Economic DevelopmentStatus: Hearing 3/13 at 2:00 p.m. (as of Nov 13, 2024)
What this bill does
Official synopsis
Establishing the Business Diversity Incubator Program and Fund in the Department of Commerce to provide grants to certain business entities to establish diverse and effective business incubators in the State; authorizing the Governor in each of fiscal years 2026 through 2031, to include in the annual budget bill an appropriation of $5,000,000 to the Business Diversity Incubator Fund; etc.
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Testimony (3)
MGA witness listFAV 3Favorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Anderson, Kevin | Maryland Department of Commerce | Written (PDF) |
| FAV | Delegate Wells, Delegate Wellslegislator | Individual | Oral |
| FAV | Thorne, Will | Individual | Written (PDF) |