A Letter from MTI’s President
Recently, MTI has developed a new strategic plan, and spent considerable time listening to a wide variety of entrepreneurs, innovators, partners and other stakeholders. We have envisioned a more flexible schedule for reviewing applications and deploying funds. The changes are designed to deliver more tailored service and maximize our impact in Maine by promoting and supporting innovation that leads to economic prosperity and quality jobs statewide.
Beginning in the fall, all funding opportunities will be accessed on rolling schedules. This replaces all of our existing programs including Tech Start Grants, Seed Grants, Cluster Grants, and Development Loans.
MTI has new funding programs and processes. Clients may apply for funds at any time and we no longer have fixed programs with specific deadlines. While there are exceptions, you can read about our general guidelines for qualifying for MTI funding. Our goal is to provide more tailored support, more customer-centric service, and to maximize MTI’s impact in Maine.
Our core mission, as defined by legislative statute, remains the same; we will continue to offer grants, loans, equity investments, and services to businesses, organizations, and individuals that work within one or more of the seven targeted technology sectors.
For current clients, you will continue under the arrangements outlined in your individual agreement letter. Clients interested in applying for SBIR/STTR and other federal research grants can still access the expertise and services of MTI’s Technical Assistance Program by starting here.
We’re all very excited about the new changes and look forward to working with you to further amplify MTI’s impact on Maine’s innovation economy. For updates on our new application and review process, please sign up for our newsletter at the bottom of the page.
President, Maine Technology Institute