Development Loan Application Deadline - Maine Technology Institute

Development Loan Application Deadline

Notice of Intent to Apply due by 5pm.

The Notice of Intent shall be accompanied by drafts of the following: Registration Form A, business plan, project summary, scope of work, and project budget.

Notice of Intent to Apply due by 5pm.  Please submit Notice of Intent to Apply via email attachment to Lou Simms at:  Lsimms@mainetechnology.org

Concept Review Meeting with Joe Migliaccio or a member of the Business Ventures Team is HIGHLY RECOMMENDED prior to submitting a Notice of Intent to Apply.

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.


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