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SB 302

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

2025 Regular Session Introduced by Clarence Lam

Maryland modifies its Small Business Innovation Research and Technology Transfer Incentive Program to alter program operations and potentially expand support for small business innovation and commercialization.

Approved by the Governor - Chapter 201
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Bill Summary · SB 302

Legislative bill overview

SB 302 modifies Maryland's Small Business Innovation Research (SBIR) and Technology Transfer Incentive Program by altering how the program operates and potentially expanding its scope or funding mechanisms. The bill was sponsored by Clarence Lam and received gubernatorial approval in April 2025, becoming Chapter 201 of Maryland law.

Why is this important

SBIR and technology transfer programs are designed to help small businesses commercialize research and compete in innovation-driven markets. Changes to these programs can affect funding availability, eligibility requirements, and the state's ability to support emerging companies and retain technological talent and intellectual property development within Maryland.

Potential points of contention

  • Funding implications: The specific alterations to the program may increase state spending or redirect existing funds, which could face budgetary scrutiny depending on the magnitude of changes
  • Eligibility criteria: Modifications to who qualifies for incentives could benefit some businesses while excluding others, raising questions about fairness and program focus
  • Implementation complexity: Altering an existing program requires administrative adjustments that may create transition challenges or unclear application processes during the change period

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

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