TechStart Grant

Award: Up to $5,000

Timing: monthly

Intent: To support entrepreneurs/companies who are likely to pursue follow on funding for Research and Development to conduct early-stage market analysis, business plan development and intellectual property protection activities.

The TechStart Grant is to individuals and companies across Maine who are looking to develop their new ideas and new products. Entrepreneurs with ideas of innovative technologies are encouraged to apply.

TechStart Grants will be awarded up to twelve times each year, for up to $5,000 per project. Funds must not be readily available from another service provider.  TechStart Grants may be used to support specific activities such as business plan development, intellectual property filings, market analysis, or technology transfer activities out of research institutions.  TechStart Grant projects must have clearly defined deliverable outcomes and endpoints for the specifically funded scope of work not to exceed six months in duration. Each grant requires a 1:1 match consisting of actual cash, salaries, staff time, or equipment directly attributable to the proposed project.  Funded projects must fall under one of Maine’s seven targeted technology sectors.

TechStart Grant Application Process

Some documents are in Portable Document Format (PDF) 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.

Please email questions about the application to Kim Doughty, MTI Lending & Grants Associate, at kdoughty@mainetechnology.org.

Step 1: Download the TechStart Application Instructions  (PDF)

Step 2: Download TechStart Form BProject Budget (Excel) and Application Checklist (PDF) to include with your final application submission

Step 3: Email MTI staff a draft of your proposal at kdoughty@mainetechnology.org. MTI strongly encourages all applicants to submit by email a draft application at least two weeks prior to the targeted application deadline. As time permits, MTI staff offers feedback on draft submissions to assist applicants in developing the strongest proposal possible prior to the targeted application deadline.

Step 4: Submit your final application as one, complete PDF attachment uploaded through MTI’s Online Application Portal – to access the Online Portal, please email Kim Doughty at kdoughty@mainetechnology.org.

Step 5: Receive notification of your application’s review and funding determination – MTI will contact you regarding this decision as outlined in the Application Instructions.

The next deadline for TechStart Grant applications is March 7, 2017 by 5:00 PM (EST). Incomplete applications and applications received after the deadline will not be accepted.

All applicants will be notified of their proposal’s funding decision no later than the final day of the month in which the application was submitted.

Reviewer Forms

TechStart Grant Review Committee (TGRC) Score Sheet (Excel)
TechStart Grant Review Committee Guidance (PDF)

Grant Recipient Forms

TechStart Grant Agreement (PDF)
TechStart Grant Reporting Requirements (Word)
TechStart Grant Expense Report (Excel)

Presentations

TechStart and Seed Grant Presentation (PDF) – Updated 11/18/2015

TechStart and Seed Grant Recorded Webinar (mp4) – Updated 11/18/2015

See the MTI calendar of events for upcoming workshops and webinars.

For more information, contact Kim Doughty at (207) 203-2072 or email kdoughty@mainetechnology.org.