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HB 1450

Maryland Small Business Innovation Research and Technology Transfer Incentive Program - Alterations

2025 Regular Session Introduced by Lily Qi

Maryland modifies its small business innovation and technology transfer incentive program through eligibility or funding mechanism changes to boost startup commercialization and federal grant competitiveness.

Approved by the Governor - Chapter 200
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Bill Summary · HB 1450

Legislative bill overview

HB 1450 modifies Maryland's Small Business Innovation Research (SBIR) and Technology Transfer Incentive Program by altering eligibility requirements, funding mechanisms, or program parameters. The bill has successfully passed through all legislative stages and been signed into law as Chapter 200 of the 2025 Maryland laws.

Why is this important

Small business innovation programs are critical economic development tools that help startups commercialize research and compete for federal SBIR grants, which can drive job creation and technological advancement. Changes to these programs directly affect which businesses can access state support and how effectively Maryland positions itself to capture federal research funding and foster its innovation ecosystem.

Potential points of contention

  • Definition of eligibility: Alterations to what qualifies as a "small business" or "innovative technology" could expand or restrict which entrepreneurs benefit from the program
  • Funding allocation: Changes to how state dollars are distributed or matched against federal grants may create winners and losers among different business sectors or geographic regions
  • Program administration: Modifications to application processes or oversight mechanisms could affect program accessibility or effectiveness in supporting technology transfer from universities and research institutions

Compiled from official sources — confirm details with the bill’s official record.

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