Current as of December 31, 2021 | Updated by FindLaw Staff
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The purposes of the Fund are to:
(1) expand employment opportunities in the State by providing financial assistance to businesses that are engaged in eligible industry sectors, including financial assistance for:
(i) aquaculture projects;
(ii) arts and entertainment enterprises;
(iii) arts and entertainment projects; and
(iv) creation and expansion of child care facilities;
(2) provide financial assistance for the redevelopment of qualified brownfields sites;
(3) provide financial assistance to local governments and the Corporation for economic development projects; and
(4) provide grants to local economic development funds.
Cite this article: FindLaw.com - Maryland Code, Economic Development § 5-311 - last updated December 31, 2021 | https://codes.findlaw.com/md/economic-development/md-code-econ-dev-sect-5-311/
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