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Committee hears bill to give TEDCO flexibility in SBIR matching grants
2490518 · March 4, 2025
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Summary
Delegate Julie Palakovich Carr and TEDCO sought language changes to Maryland’s SBIR/STTR matching grant to let TEDCO decide award counts and distribute funds across phases based on demand, without increasing total program funding.
Delegate Julie Palakovich Carr introduced House Bill 1450 on March 4 to modify how TEDCO administers the state matching grant for federal SBIR/STTR awardees. The change would remove prescriptive limits on the number of Phase 1 and Phase 2 matches TEDCO may award in a fiscal year and allow TEDCO to determine…
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