On August 31, 2020, MTI announced the awardees who represent 10 innovative projects that will create and retain over 1600 jobs across the State of Maine. Read the press release and list of awardees
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.
Recipients of MTAF 2.0 funding during the 2018 round are not eligible for this MTAF 2.5 funding opportunity.
MTAF 2.5 Application Documents
RFP and FAQ
MTI accepted electronic funding requests from February 17, 2020 until March 27, 2020. *Deadline was extended to April 24, 2020, and is now closed.