Maryland Code § EC-10-834

Section EC-10-834
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(a) The Institute may:
(1) maintain offices at the University of Maryland, College Park
campus;
(2) coordinate and promote energy research and education at the
University of Maryland, College Park campus, including its relevant energy centers,
as well as at other academic institutions;
(3) provide energy policy innovation advice to State and federal units;
(4) collaborate with other academic institutions, governmental units,
foundations, and industrial companies for advanced clean energy research and
innovation;
(5) pursue grants, other funds, and in-kind contributions for
advanced clean energy research and innovation;
(6) provide seed grant funding to academic institution-based
entrepreneurs or entities, in order to promote the commercialization of advanced
clean energy technologies developed wholly or partly by an academic institution, but
not duplicate existing seed grants made through the Maryland Technology
Development Corporation;

(7) work with the Maryland Technology Enterprise Institute to
jointly manage, operate, and maintain facilities for an advanced clean energy and
clean energy innovation incubator at the University of Maryland, College Park
campus;
(8) work with the Maryland Technology Enterprise Institute to
expand Maryland Industrial Partnership Awards to promote the commercialization
of advanced clean energy and clean energy innovation technologies developed wholly
or partly by an academic institution;
(9) work with the Maryland Technology Enterprise Institute and the
University of Maryland Office of Technology Commercialization to:
(i) identify advanced clean energy and clean energy
innovation technologies at academic institutions that may be viable for
commercialization; and
(ii) provide grant funding and investment financing to cover
patent, facilities, and other costs not allowed under federal or state research grants
to an academic institution-based entrepreneur or entity, in order to promote the
commercialization of advanced clean energy and clean energy innovation
technologies developed wholly or partly by an academic institution;
(10) coordinate incubation and potential financing of academic
institution-based entrepreneurs or entities with resources provided by the Center;
(11) work closely with State units, industrial partners,
nongovernmental organizations, and federal agencies and laboratories to ensure
effective implementation and execution of the State's energy mission and vision, in
collaboration with the Administration;
(12) undergo periodic reviews every 5 years consistent with University
System of Maryland policies; and
(13) do all things necessary or convenient to carry out the powers
granted by this part.
(b) The Institute shall coordinate with the Maryland Technology
Development Corporation in supporting Maryland-based technology companies
engaged in clean energy innovation.
(c) (1) The Institute and the Center shall implement an accelerator
program for Maryland-based technology companies engaged in clean energy
innovation that features seed funding, training, developmental support for the

companies, and pilot projects focused on on-site clean energy generation for
buildings.
(2) In carrying out their responsibilities under this subsection, the
Institute and the Center shall consult with the Department, the Maryland
Technology Development Corporation, the Administration, the Department of the
Environment, and the Maryland Industrial Partnership Awards program.

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