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Seed Grant

A Component of the Business Innovation Program

Seed Grant Awardees List - February 2012

MTI Seed Grants of up to $25,000 are offered three times a year to support early-stage research and development activities for new products and services that lead to the market. Funded activities may include activities such as proof of concept work, prototype development, field trials, prototype testing, pilot studies, or technology transfer activities.  Funded projects must fall under one of Maine's seven targeted technology sectors.

MTI offers Seed Grants as direct investments in companies that are pioneering Maine’s future through their technology innovations. Loan recipients are companies undertaking research and development that will enable them to grow and remain competitive in the global marketplace.

Seed Grant Application Process

Some documents are in Portable Document Format and require Adobe Reader for viewing. If you do not have this software, it can be downloaded free of charge at the Adobe web site. Email questions about the application to info@mainetechnology.org.

Step 1: Download the Seed Grant Application Instructions (PDF) 
Step 2: Register online for a unique Application ID number (Registration)
Step 3: Download all Seed Grant Application Forms

Application Forms:
       Form A Copy of your Registration Form
       Form B Project Budget (Excel)
       Form C Credit Authorization (Word)
       Form D Intellectual Property List (Excel)
       Checklist (Word)

Step 4: Submit a complete application to MTI before the deadline date

NEW!!  Applications may now be submitted online through the MTI website at www.mainetechnology.org/account/forms.

Applications may now be submitted online through the “Submit Application Online” link in the My Account section of the MTI website.  All applications submitted online must be in the form of a single PDF file only, including the Credit Authorization Form.

Step 5: Receive notification of grant decision rendered by MTI Board of Directors

The next deadline for Seed Grant applications is April 12, 2012, by 5:00 PM (EST).  Applications received after the deadline will not be accepted.  Notification of Awards is expected on June 19, 2012.

Additional Resources

U.S. Department of Labor Employee and Wage Estimates

Reviewer Forms

Technology Board Review Committee (TBRC) Score Sheet (Excel)
Technology Board Review Committee Guidance (PDF)

Grant Recipient Forms

Final Report Form - Expenses (Excel)
Seed Grant Agreement (coming soon)
Security Agreement (coming soon)

Presentations

TechStart and Seed Grant Webinar (PDF) - Updated 2/3/12


For more information, contact Shane Beckim at 207-588-1018 or email sbeckim@mainetechnology.org.

Featured Success Story:

At Tex Tech, there is no shortage of ideas. Big ones. Good ones. After all, this is a company that has survived since the late 1800s, adapting and thriving over the years to meet the market.

While countless other textile manufacturing companies in New England have closed up shop, Tex Tech has gone back to the drawing board to develop new ideas, helping the company move forward. Nearly a century ago, it was pro baseball uniforms.

Today, Tex Tech produces specialty fibers and fabrics - mainly used for security and safety related products - and is the world’s leading producer of tennis ball felt ...