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Terms Used In Maryland Code, ECONOMIC DEVELOPMENT 5-1402

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
The purposes of the Regional Institution Strategic Enterprise Zone Program are to access institutional assets that have a strong and demonstrated history of commitment to economic development and revitalization in the communities in which they are located and incentivize the location of innovative start-up businesses based on technology developed, licensed, or poised for commercialization at or in collaboration with qualified Maryland institutions.