About the Development Award
Since 1999, the Development Award program has provided early-stage capital toward some of Maine’s most innovative products, processes and services.
Development Awards fund up to $100,000 (Technology Transfer R&D) or $50,000 to $500,000 (Corporate R&D) per application for research and development of new and/or enhanced products, processes or services leading to commercialization. All projects must fall under one of Maine’s seven targeted technology sectors:
· Advanced Technologies for Forestry and Agriculture
· Aquaculture and Marine Technology
· Biotechnology
· Composite Materials Technology
· Environmental Technology
· Information Technology
· Precision Manufacturing Technology
Eligible projects include prototype development and testing, patent applications, small scale manufacturing, and scale up for manufacturing with limited production.
The next deadline for Development Award application is: February 9, 2010, by 5:00 p.m. (Applications received after 5:00 p.m. will not be accepted.) Notification of Awards: June 15, 2010 (subject to change).
Application Assistance
In addition to MTI staff, there are a number of programs offered in Maine tasked with assisting you, the Maine entrepreneur. Please click here for a list of resources.
If you are unfamiliar with the Development Award Application process, MTI strongly encourages you to contact MTI staff and to consider drawing on outside assistance, whether paid or pro bono, and preferably with someone familiar with the MTI Development Award Application process.
Pathway to an Award
- Submit a non-confidential pre-application summary (£ 300 words).
- Participate in a meeting with MTI staff and/or attend a workshop.
- Review the Development Award Application process.
- Download a copy of the Request for Application (RFA).
- Register online (Form A).
- Prepare, proofread, and submit an application.
- Receive word of an award decision rendered by MTI committees and Board of Directors.
Contact
For questions and additional information regarding the Development Award program, please contact Jessie Gogan, Development Award Specialist at 207-582-4790 x 213 or jgogan@mainetechnology.org.
