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The Maryland Innovation Initiative was created during the 2012 General Assembly.

The University System of Maryland is attempting to take scholarly research to a new level by creating more small businesses off campus, WBAL-TV Channel 11 reported. The goal is to create more than 300 new businesses over the next decade. The University System of Maryland said it hopes to tap into millions of state dollars already set aside to help start many of those new businesses.

To read the original article: Md. university system seeks to create 300 new businesses - Baltimore Business Journal