Current through Register Vol. 51, No. 24, December 2, 2024
Section 14.04.05.06 - Investment CriteriaIn addition to the investment criteria set forth in COMAR 14.04.02.05, TEDCO shall consider whether:
A. The market opportunity is appropriate for a seed-stage investment;B. The applicant has the potential to secure institutional venture capital from other investors; andC. The management team has the skills and ability to effectively secure an institutional venture investment.Md. Code Regs. 14.04.05.06
Regulation .06 adopted effective 46:26 Md. R. 1167, eff. 12/30/2019