Maryland Code, Economic Development § 10-469

(1) make a grant or loan, at the rate of interest set by the Corporation;

(2) provide equity investment financing for a qualified business;

(3) guarantee a loan, equity, investment, or other private financing to expand the capital resources of a qualified business;

(4) purchase advisory services and technical assistance to better support economic development;

(5) pay the Corporation's obligations to a venture firm under the Invest Maryland Program, as provided under § 10-4A-20(c)(2)(i) of this title; and

(6) pay the administrative, legal, and actuarial expenses of the Corporation.

(d)(1) The Fund is a special, nonlapsing revolving fund that is not subject to reversion under § 7-302 of the State Finance and Procurement Article.

(2) The Treasurer shall hold the Fund and the Comptroller shall account for it.

(1) money appropriated by the State to the Fund;

(2) money made available to the Fund through federal programs or private contributions;

(3) repayment of principal of a loan made from the Fund;

(4) payment of interest on a loan made from the Fund;

(5) proceeds from the sale, disposition, lease, or rental by the Corporation of collateral related to financing that the Corporation provides under this subtitle or Subtitle 4A of this title;

(6) premiums, fees, royalties, interest, repayments of principal, and returns on investments paid to the Corporation by or on behalf of:

(7) recovery of an investment made by the Corporation in a qualified business under this subtitle or Subtitle 4A of this title, including an arrangement under which the Corporation's investment in the qualified business is recovered through:

(8) repayment of a conditional grant extended by the Corporation;

(9) money deposited into the Fund under § 10-4A-20(c)(2)(i) of this title; and

(10) any other money made available to the Corporation for the Fund.

(f)(1) The Treasurer shall invest money in the Fund in the same manner as other State money.

(2) Any investment earnings of the Fund shall be credited to the Fund.