Press Release: MTI Receives 183 Grant Proposals Seeking $381 Million from Maine Technology Asset Fund 2.0 Program

December 19, 2017

$45 Million in Voter-Approved Bond Funding Available for Program

Brunswick, ME – The Maine Technology Institute (MTI) recently closed its Maine Technology Asset Fund 2.0 (MTAF2.0) application portal and announced that it received 183 proposals from Maine companies and organizations seeking, in aggregate, $381 million in funding. The MTAF2.0 program is funded with $45 million in general fund bond dollars that were approved by the Maine Legislature and signed by Governor LePage in 2016, and subsequently approved by Maine’s voters in June 2017.

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