(a) In this part the following words have the meanings indicated. (b) "Commercialization" means the process of introducing a new product or technology into the market. (c) "Fund" means the Maryland Innovation Initiative Fund established under § 10-457 of this subtitle. (d) "Initiative" means the Maryland Innovation Initiative established under § 10-455 of this subtitle. (e) "Participating members" means the representatives described in § 10- 455(b) of this subtitle. (f) "Qualifying university" means a public or private university that meets the requirements set forth under § 10-455(c) of this subtitle. (g) "Technology transfer" means the process of converting scientific and technological advances into marketable goods and services. (h) "University" means a nonprofit, research university located in Maryland.
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