(a) In this subtitle the following words have the meanings indicated. (b) “Program” means the Maryland Technology Internship Program. (c) “Technology–based business” means a commercial or industrial enterprise, or a nonprofit organization that is exempt from taxation under § 501(c)(3) of the Internal Revenue Code, that is engaged in the application of scientific knowledge to practical purposes in […]
There is a Maryland Technology Internship Program.
The purposes of the Program are to: (1) Connect college and university students, recent graduates, and veterans with small innovative businesses in the high–growth technology sector through internships; (2) Encourage high–achieving students at institutions of higher education in the State to remain in the State after graduation; (3) Increase student understanding of employment opportunities in the State; (4) Create […]
(a) UMBC shall administer the Program. (b) To carry out the purposes of the Program, UMBC, in collaboration with the Department of Commerce, shall: (1) Utilize an Internet site through which: (i) Students may learn about technology–based businesses, technology–based positions in units of State and local governments, and internship opportunities; (ii) Technology–based businesses may register, post information about internship opportunities, […]
To qualify for participation in the Program, an individual shall: (1) (i) 1. Be a student enrolled at a public or private nonprofit institution of higher education in the State that possesses a certificate of approval from the Commission; and 2. Maintain a cumulative 2.5 grade point average on a 4.0 scale each academic year; (ii) 1. Within 12 months before […]
(a) To qualify for participation in the Program, a business shall: (1) Be located in the State; (2) Be a technology–based business; (3) Commit to hosting an intern for a minimum of 120 hours during a spring, fall, or summer semester; (4) Provide a detailed description of an intern position with the business; and (5) Provide proof that a representative has […]
(a) UMBC shall develop a process for tracking and assessing the outcomes of the Program, including: (1) The total number of individuals, businesses, and units of State and local governments participating in the Program; (2) The locations and sizes of participating businesses and units of State and local governments; (3) The number of participating students remaining in the State […]
(a) Subject to subsections (b) and (c) of this section, money awarded under this subtitle: (1) May be used to reimburse a technology–based business or a unit of State or local government up to 50% of a stipend paid to an intern, but not more than: (i) $1,800 for the first semester; and (ii) $1,200 for the second semester; […]
(a) At the end of each fiscal year, UMBC shall prepare an annual report that includes an accounting of all financial receipts and expenditures that relate to the Program. (b) UMBC shall submit a copy of the report to the General Assembly in accordance with § 2–1257 of the State Government Article.
The Governor annually shall include funds in the State budget for: (1) The reimbursement of internship stipends under this subtitle; and (2) UMBC to administer the Program.
