The Maine Technology Institute is soliciting proposals from Maine organizations looking to make investments in R&D equipment, infrastructure and technology upgrades to drive innovation and generate economic impact in Maine. MTI has $2 million in available funding for the Maine Technology Asset Fund 2.5 program and is capping individual funding requests at $500,000 or less.
The funding for the MTAF 2.5 program comes from a research and development bond passed by the Legislature in 2016 and approved by voters in 2017. That $45 million bond was fully awarded by MTI in 2018 but $2 million is now being made available for redeployment due to project forfeitures.
MTI will accept electronic funding requests from February 17, 2020 until March 27, 2020. *Deadline has been extended to April 24, 2020. Updated timelines and details are included in the documents below.
Recipients of MTAF 2.0 funding during the 2018 round are not eligible for this MTAF 2.5 funding opportunity.
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Ready to Start the MTAF 2.5 Process?
Click here to begin, or choose the “Ready to Start?” button in the top navigation. Once you login or sign up, select the “Apply for MTAF 2.5 Funding” option from the drop down menu.