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Grant & Award Programs

MTI implements a portfolio of programs to address specific needs consistent with its purpose. The Following is a brief description of our award programs.

Please note: All MTI programs require a minimum 1:1 cash match. RFPs may change from round to round. Please be sure to download all RFP instructions and forms if you are applying for another grant, as they may be different from the prior round. Email questions about the proposals to info@mainetechnology.org

You must have Acrobat Reader and/or a word processor capable of reading Microsoft Word documents to view the Request for Proposal and some of the Proposal Forms.

Maine Technology Asset Fund
The Maine Technology Asset Fund is a two-year, competitive award program. The awards must be used to fund capital and related expenditures supporting research, development and commercialization projects that will lead to significant economic benefits for Maine.

The deadline for filing the Notice of Intent electronically on the MTI form is March 17, 2008, by 12 noon. Late submissions will not be accepted.

The deadline for filing paper applications at MTI is April 17, 2008, at 5:00 p.m. Late submissions will not be accepted.

Seed Grant Program
Grants of up to $12,500 per project are offered on a competitive basis to support very early activities for product development, commercialization or business planning and development. Grants are awarded up to six times each year.

The next deadline for seed grants is February 14, 2008, by 5:00 p.m. Proposals received after 5:00 p.m. will not be accepted.

Development Awards
Investments of up to $500,000 are made to support research and development of new products or services in the State's targeted technology sectors. Development Awards are awarded three times per year.

The next deadline for development award applications is June 2, 2008, by 5:00 p.m.
Applications received after 5:00 p.m. will not be accepted.

Cluster Enhancement Awards
Awards of up to $200,000 per project will be made on a competitive basis to seed efforts that will stimulate and support the formation and growth of technology businesses. This program requires that a letter of intent be submitted to the MTI prior to submission of a full proposal. The MTI Board of Directors will consider full applications on a monthly basis at its regularly scheduled board meetings.

SBIR/STTR Phase 0 Proposal Assistance Program
Grants of up to $5,000 per proposal are offered on a competitive basis to foster and support competitive federal Small Business and Innovation Research (SBIR) and Small Business Technology Transfer (STTR) proposal submissions from Maine applicants. Grants will be awarded on a rolling basis.

Accelerated Commercialization Fund (ACF)
This program can help selected Development Award recipients bridge the financing gap between R&D and sales.

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