(a) There is a Maryland Public-Private Partnership Marketing Corporation.
(b) The Corporation is a body politic and corporate and is an instrumentality of the State.
(c) The purposes of the Corporation are to:
(1) create a branding strategy for the State;
(2) market the State’s assets to out-of-state businesses;
(3) recruit out-of-state businesses to locate and grow in the State; and
(4) foster public-private partnerships that encourage location and development of new businesses in the State.