Development Loan Application Deadline

Development Loans of up to $500,000 per application 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 require matching investments of 1:1 and must fall under one of Maine’s seven targeted technology sectors.

MTI offers Development Loans as direct investments in companies that are pioneering Maine’s future through their technology innovations. Loan recipients are companies undertaking research and development that will enable them to grow and remain competitive in the global marketplace.

Note: You will need to complete a Concept Review meeting before Tuesday, June 9, 2015.