Maryland working to transform research base into commercial success!

I quote from a WBALTV story:

Maryland leads the nation in how much it spends on research but the University System of Maryland -- which includes 13 colleges and universities -- is trying to take research to a new level by creating more small businesses off campus. The goal so far is to try and create more than 300 new businesses over the next decade. 

"We're making a very concerted effort to work with the state, with the governor's support, to grow our capacity, to start companies and to transfer this research into economic gain for Maryland and to build jobs," said William Kirwan, chancellor of the university system.

As a Maryland resident and a former University of Maryland faculty member, I am pleased!