Development Loan Application Deadline

All applications due by 5pm

Applications may be submitted by email, mail, or in- person delivery to our Brunswick office. All applications must be received before 5pm on the deadline date.  Only applicants who have submitted a Notice of Intent to Apply by February 2nd are eligible to submit complete applications.

To submit your application via email, please send complete application as one, readable PDF document to Lou Simms at Lsimms@mainetechnology.org

***MTI’s email file size limit is 10mb.  If your file approaches this limit, you may consider submitting it via mail or in-person delivery***

Development Loans of up to $500,000 are offered three times a year to support 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 technology sectors and require matching investments of 1:1.

Please contact Lou Simms at Lsimms@mainetechnology.org or call 207-588-1015 for additional information or to schedule a Concept Review meeting with the MTI Business Ventures Team.  Applicants are requested to come to the concept review meeting with a straw business plan and their non-confidential technology project summary indicating how the technological innovation can grow their business.