{"data":{"id":"us-md/md.-code-economic-development-10-708","jurisdiction":"us-md","citation":"Md. Code, Economic Development § 10–708","heading":"","body":"The Board shall give preference to venture capital fund proposals that:\n(1) provide financing predominately to businesses that conduct a substantial amount of business in the State;\n(2) require venture capital funds to match the money invested by the Trust with money invested by private investors on at least a 1 to 3 ratio; and\n(3) ensure that a majority of the money that the Trust invests is for seed capital financing in the State.","path":["Article - Economic Development"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gec\u0026section=10-708","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:57:28Z","sha256":"90bf5fb0baa461fa9578cc0af2f116f40a1be886b0fa6059c39f315463041583","source_id":"us-md","stale":false,"prev":"us-md/md.-code-economic-development-10-707","next":"us-md/md.-code-economic-development-10-709"},"notice":"GroundRules: Original legal text. Not legal advice."}