Funding search · EIN 010529871 · Portland, ME

Maine Technology Institute

Name: Maine Technology Institute grants, 2021–2024
Creator: PaperOrbit
License: https://www.irs.gov/charities-non-profits/exempt-organization-public-disclosure-and-availability-requirements

A grantmaking public charity (files IRS Form 990, Schedule I). Charities like this often run real grant programs with application cycles.

816
grants reported: $80.5M
total given: 2021–2024
filing years: $32,667
median grant

Based on grants this organization reported to the IRS for tax years 2021–2024. This is what they filed, not a complete record of their giving, and recent years may be incomplete because filings lag.

What they fund

recovery forestry maine development will pandemic technology

Funder website ↗Full IRS filings ↗How this is built Report an error

Funding pattern

What this funder pays for, at what size, and how to position adjacent work. Read from their filings, with every number checked against the record.

55 grants matching “manufacturer” · $7.3M

$250,000
Maine Grains · Skowhegan, ME · 2024
Building capacity to manufacture upcycled nutritious grain cereals and snacks at Maine Grains.
$250,000
Looma Llc · South Portland, ME · 2024
Addition of Volume Manufacturing to Looma's Services.
$150,000
Lyman Morse Technologies Llc · Camden, ME · 2024
Advanced Manufacturing and Training Center.
$82,500
Maine Crisp Company · Winsolw, ME · 2024
Strengthening Maine Crisp Co. Inc. Resilience With Manufacturing Innovation.
$80,000
Point Pickleball Llc · Camden, ME · 2024
Brand development & packaging design; Ecomm Website Development; Innovative & Sustainable Shoe Manufacturing.
$50,000
Snoyak Llc · Kingfield, ME · 2024
Mass Market Customer Discovery & Maine Manufacturing SnoYak Manufacturing and Sales Initiative.
$50,000
Reform Composites Engineering Llc · Brunswick, ME · 2024
Establishing Continuous Fiber Reinforced Thermoplastic (CFRTP) Composite Engineering & Manufacturing Capabilities in Maine.
$31,900
Survue · Scarborough, ME · 2024
Product development of high margin, mass manufacturable AI enabled smart bike light.
$25,000
Home Grown Fuels · Millinocket, ME · 2024
Contract Manufacturing and Demand Generation.
$559,215
Maine Plywood USA · Bingham, ME · 2023
Maine Plywood is building the only plywood mill in North America to manufacture Plywood underlayment. It will also be the ONLY plywood mill in New England. This plant is being built to replace the Multiply plywood plant… read allMaine Plywood is building the only plywood mill in North America to manufacture Plywood underlayment. It will also be the ONLY plywood mill in New England. This plant is being built to replace the Multiply plywood plant that burnt down. less
$500,000
Compotech · Brewer, ME · 2023
Compotech has developed the next generation of expeditionary and modular military shelters. MINATORS can be assembled by a small group of soldiers, providing the comforts of a permanent shelter with the mobility and mod… read allCompotech has developed the next generation of expeditionary and modular military shelters. MINATORS can be assembled by a small group of soldiers, providing the comforts of a permanent shelter with the mobility and modularity of a temporary shelter. Compotech is seeking funding for MINATORS manufacturing equipment. less
$500,000
North Spore Llc · Portland, ME · 2023
We are seeking funding to further expand our digital marketing and sales team, as well as create a human resources department. We are in a rapid growth and hiring phase as we begin to take advantage of our new manufactu… read allWe are seeking funding to further expand our digital marketing and sales team, as well as create a human resources department. We are in a rapid growth and hiring phase as we begin to take advantage of our new manufacturing facility and scale up our successful, innovative products. These investments will ensure more continued growth, create a number of well-paid and specialized jobs, and contribute to the personnel infrastructure we need to stay on our trajectory and fully support our growing revenues, brand and team. less
$150,000
Croft L3c Croft Group · Rockland, ME · 2023
Croft manufactures high performance wall, floor, and roof panels for all building types with a focus on speed, quality, and sustainability. Our buildings utilize local straw and timber as primary construction materials,… read allCroft manufactures high performance wall, floor, and roof panels for all building types with a focus on speed, quality, and sustainability. Our buildings utilize local straw and timber as primary construction materials, both carbon-storing materials which sequester carbon at levels unmatched by any other building system in the United States. Additionally we construct our panels with a proprietary compression system that produces exceptionally high building performance in a fraction of the time it takes with conventional methods. We are seeking additional resources from MTI in order to support our growth, which includes further development of our proprietary compression system, expansion into a new factory space, and growing the team. less
$100,000
Compounding Solutions Llc · Lewiston, ME · 2023
Compounding Solutions is a custom thermoplastic compounder designing and supplying cutting-edge material technologies to medical device manufacturers globally. Our plastic compounds are used in existing devices and new … read allCompounding Solutions is a custom thermoplastic compounder designing and supplying cutting-edge material technologies to medical device manufacturers globally. Our plastic compounds are used in existing devices and new devices to improve patient care and often times enable procedures that were previously not possible. We seek supportive funding to aid in the development of our compound additive technologies which reduce thermoplastic coefficient of friction, either by way of hydrophobic or hydrophilic surface interactions. These additive technologies can furthermore provide protection against thrombosis which ultimately provides patient comfort during medical procedures and reduces the risk of infections. Compounding Solutions aims to optimize our friction reduction and anti-fouling additive packages per polymer type and bring these material technologies forth to our medical device customers to use in a variety of high value applications. less
$100,000
Holy Donut · Arundel, ME · 2023
Potato Donut Manufacturing
$59,025
Wright Energy Storage Technologies · New York, NY · 2023
The objective of this project is to collaborate with ME MEP on a multiphase project to develop and implement a quality system, based on the ISO-9000 standard, to enable the growth of WEST from start-up to a fully operat… read allThe objective of this project is to collaborate with ME MEP on a multiphase project to develop and implement a quality system, based on the ISO-9000 standard, to enable the growth of WEST from start-up to a fully operational company in support of projected growth, including a focus on Manufacturing (in Maine) and engagement with our external Manufacturing partners (in Maine and elsewhere). This request covers phase 1 which is to create the framework and level one documents. less
$50,000
Deepcharge · Biddeford, ME · 2023
DeepCharge is a pioneering technology startup that has developed innovative wireless charging solutions. Our breakthrough technology combines wireless power transmission with advanced AI capabilities, enabling intellige… read allDeepCharge is a pioneering technology startup that has developed innovative wireless charging solutions. Our breakthrough technology combines wireless power transmission with advanced AI capabilities, enabling intelligent charging and efficient energy management. By leveraging AI algorithms, our wireless charging systems optimize power delivery, adapt to user preferences, and provide real-time monitoring and diagnostics. We are seeking funding from MTI to support the manufacturing of our cutting-edge wireless charging products in Maine, while fostering innovation and creating high-tech job opportunities within the state. With MTI's support, we aim to accelerate the adoption of AI-driven wireless charging technology, revolutionizing how devices are powered and enhancing the user experience. less
$50,000
Revert Technologies · Brunswick, ME · 2023
ReVert engineers, designs, programs, and manufactures IoT power adapters that are managed by an AI to automatically turn unused and underutilized appliances off and on, saving energy and reducing carbon emissions for pe… read allReVert engineers, designs, programs, and manufactures IoT power adapters that are managed by an AI to automatically turn unused and underutilized appliances off and on, saving energy and reducing carbon emissions for people, businesses, and our planet. less
$25,000
Opolis Optics Llc · Venice, CA · 2023
For the StokedPlastic collection, Opolis founder James Merrill worked with the manufacturing and research labs at the University of Southern Maine to develop a patent-pending blend of recycled Polyethylene Terephthalate… read allFor the StokedPlastic collection, Opolis founder James Merrill worked with the manufacturing and research labs at the University of Southern Maine to develop a patent-pending blend of recycled Polyethylene Terephthalate (rPET) made from ocean and landfill plastic water bottles. The combination of durability and surface refinement Opolis is achieving with rPET was previously only achieved with virgin plastics. Eventually, this technology will be used to make other durable goods. This work with recycled plastic water bottles is industry-leading and has the opportunity to do a massive amount of good in the world. less
$25,000
Tootie'S Tempeh · Biddeford, ME · 2023
MTI has supported us with 2 previous grants to develop and scale equipment to innovate tempeh fermentation to be plastics-free, a first for commercial tempeh-making in the US. We are now applying for a 3rd innovation gr… read allMTI has supported us with 2 previous grants to develop and scale equipment to innovate tempeh fermentation to be plastics-free, a first for commercial tempeh-making in the US. We are now applying for a 3rd innovation grant to automate a key production step in the plastics-free fermentation process: bean panning. With proof of concept already completed, we will work with partners at the Advanced Manufacturing Center (AMC) at UMaine to design, prototype and build a piece of equipment that will reduce production time from 3 to 5 minutes per pan to less than 20 seconds per pan. less
$25,000
Safely Styled Llc · Bangor, ME · 2023
Safely Styled, LLC is seeking a $25,000 MTI grant to manufacture the only hair accessories designed to be safe for baby and toddler girls ages 0 to 3 years to place in their mouths as their hair starts to grow. Safely S… read allSafely Styled, LLC is seeking a $25,000 MTI grant to manufacture the only hair accessories designed to be safe for baby and toddler girls ages 0 to 3 years to place in their mouths as their hair starts to grow. Safely Styled hair accessories are non-toxic and food grade (FDA compliant), washable, reusable, stylish, and most importantly do not present a choking hazard. Safely Styled, LLC has a pending non-provisional utility patent to protect the right to sell these innovative hair accessories across the U.S. Market research demonstrates there is a place and significant desire in the market for hair accessories that are safe to be placed in a child's mouth as they grow, learn, and explore. less
$25,000
Gel Hydration Technologies · Bangor, ME · 2023
Gel Hydration Technologies Inc., is a ME based biotech manufacturing company in Bangor, ME. Our goal is to manufacture edible gel products for animals and address hydration issues for animals on the go. The MTI award of… read allGel Hydration Technologies Inc., is a ME based biotech manufacturing company in Bangor, ME. Our goal is to manufacture edible gel products for animals and address hydration issues for animals on the go. The MTI award of 25k will be used to get our factory operational and being to pay our employees. less
$25,000
Nec Group · Eliot, ME · 2023
Our technology streamlines the engineering process and production methods of a low volume sportscar chassis. This allows for our company to quickly design a safe, easily manufacturable structure. By shortening the devel… read allOur technology streamlines the engineering process and production methods of a low volume sportscar chassis. This allows for our company to quickly design a safe, easily manufacturable structure. By shortening the development process for a baseline chassis, we can better focus on integrating bespoke features onto the vehicle to provide a premium ownership experience for our customers. By receiving funding we will be able to finish our rolling chassis prototype and begin marketing, testing, and pre-production deliverables. less
$12,150
Northern Spent Grains Llc Diggables · Yarmouth, ME · 2023
Diggables has made strong progress in getting interest from out-of-state retailers and distributors throughout the Northeast for our buckwheat snacks. After the products get on store shelves, it will be important to inc… read allDiggables has made strong progress in getting interest from out-of-state retailers and distributors throughout the Northeast for our buckwheat snacks. After the products get on store shelves, it will be important to incentivize shoppers in these new markets to try these new snacks. Since these new retailers will be farther from home, I am hoping that an experienced consultant can help identify and implement a strategy that can't rely on local relationships. Couponing, manufacturer's cash back incentives, and other monetary incentives may be more effective. less
$10,000
Wicked Wild Llc · Lubec, ME · 2023
Wicked Wild will use SBIR funds to quantify the feasibility of Maine wild blueberry manufactured into wellness shots. There are many types of wellness shots available today, and demand is strong, but wild blueberry has … read allWicked Wild will use SBIR funds to quantify the feasibility of Maine wild blueberry manufactured into wellness shots. There are many types of wellness shots available today, and demand is strong, but wild blueberry has not been offered yet. less
$5,639
Salmonics Llc · Brunswick, ME · 2023
Salmonics develops and manufactures products targeted for use in the veterinary and human health sectors, which require verifiable quality system procedures. Diversifying our customer base is a component of our strategi… read allSalmonics develops and manufactures products targeted for use in the veterinary and human health sectors, which require verifiable quality system procedures. Diversifying our customer base is a component of our strategic plan. Establishing documented procedures and retaining records of our quality management system (QMS) processes will demonstrate our commitment to a formal quality management system. ISO 13485 is the international standard for medical devices. It is routinely used by suppliers to medical device manufacturers and other regulated biomedical companies around the world. We have, together with MMEP and a selected consultant, developed a SOW which outlines an implementation plan to incorporate ISO 13485 requirements into our existing QMS. less
$360,000
Auburn Manufacturing · Mechanic Falls, ME · 2022
Upgrade of AMI facilities and add/improve its skilled workforce to meet Defense Industrial Base demand
$316,973
Bourgeois Guitars Llc · Lewiston, ME · 2022
The PLEK is a specialized CNC machine designed to optimize every element that contributes to a guitars playability. Its functions include milling highly complex geometric fretboard surfaces, leveling and shaping frets, … read allThe PLEK is a specialized CNC machine designed to optimize every element that contributes to a guitars playability. Its functions include milling highly complex geometric fretboard surfaces, leveling and shaping frets, and calibrating the height of nut slots and saddle heights. Efficiencies gained by incorporating PLEK technology and other automations into our manufacturing system are critical to our growth plan of tripling revenue in the next 3 years and doubling our workforce to 60 full time, benefitted jobs by 2029. We are seeking MTI matching core grant funding to help us bring this technology to Maine. less
$306,667
Casco Bay Molding Ltd · Sanford, ME · 2022
Casco Bay Molding (Casco), started in Sanford in 2000, has grown into an FDA Registered, ISO 13485 Certified product development and manufacturing company specializing in silicone rubber and thermoplastic medical device… read allCasco Bay Molding (Casco), started in Sanford in 2000, has grown into an FDA Registered, ISO 13485 Certified product development and manufacturing company specializing in silicone rubber and thermoplastic medical devices as well as consumer & industrial component parts and products. In 2015 we invested in a joint venture tool and mold shop and in 2021 reinvested in a mold only Casco owned mold shop enhancing our product development capabilities.In the 4th quarter of 2021, as the effects of the pandemic waned, its after effects of raw material (silicone) shortages, labor availability/rates and spike in raw material costs hit our profitability quite hard. less
$306,667
North End Composites Llc · Rockland, ME · 2022
Pandemic Recovery Funding for Hiring and Retention and Manufacturing Efficiencies
$280,000
Ocean Renewable Power Company · Portland, ME · 2022
order the manufacturing and delivery of a generator and driveline to expedite the assembly/lead time in anticipation of upcoming closing agreements with a next-in-the-pipeline customer, a municipality in Patagonia, Chil… read allorder the manufacturing and delivery of a generator and driveline to expedite the assembly/lead time in anticipation of upcoming closing agreements with a next-in-the-pipeline customer, a municipality in Patagonia, Chile. less
$230,000
Compotech · Brewer, ME · 2022
Workforce Development for Composite Manufacturing
$200,000
Zootility Co · Portland, ME · 2022
Scaling Precision Manufacturing by Using Software Automation and Hiring Laser Technicians
$195,000
Good To-Go Llc · Kittery, ME · 2022
At Good To-Go we create and manufacture all-natural, shelf-stable dehydrated meals. Sold in re-sealable pouches, all you need to do is add boiling water to the bag, wait a few minutes and then your meals are ready to ea… read allAt Good To-Go we create and manufacture all-natural, shelf-stable dehydrated meals. Sold in re-sealable pouches, all you need to do is add boiling water to the bag, wait a few minutes and then your meals are ready to eat. Our unique process, where we dry entire meals, not just ingredients, imparts the food with the intrinsic texture and flavor you would expect from a restaurant quality meal. Our dryers, originally designed for kiln drying for the lumber industry, are made in Maine by Nyle Systems. After extensive testing, we determined the dryer would be essential for our process. It slowly dries the food, blowing hot air over our trays and then directing the air over refrigeration coils. The coils allow the moisture in the air to condensate, rather than accumulating excess stream. We are seeking funding to increase our production capacity by purchasing more drying equipment. less
$190,000
Quoddy · Lewiston, ME · 2022
purchasing machinery, personnel and materials in order to move production of products currently made with a manufacturing partner within the Dominican Republic to our Lewiston facility as well as cover increases in volu… read allpurchasing machinery, personnel and materials in order to move production of products currently made with a manufacturing partner within the Dominican Republic to our Lewiston facility as well as cover increases in volume expected in the remainder of 2022 and beyond. less
$150,000
Tiny Homes of Maine Llc · Houlton, ME · 2022
Funds will be used to purchase precision manufacturing equipment needed, hire and train employees. COVID 19 Pandemic Recovery Funding
$126,667
Bixby & Co · Belfast, ME · 2022
Scaling up Bean to Bar Chocolate Manufacturing
$106,233
Tree Free Heat Llc · Waterville, ME · 2022
Tree Free Fire manufactures and sells all-natural portable campfires that are easy-to-use, scentless, and made for good times. Over the course of 2022, demand for our portable campfire and fire pit kit has significantly… read allTree Free Fire manufactures and sells all-natural portable campfires that are easy-to-use, scentless, and made for good times. Over the course of 2022, demand for our portable campfire and fire pit kit has significantly increased. Access to funding will allow Tree Free Fire to increase production, grow national awareness, and fulfill the growing demand. less
$100,000
Central Maine Growth Council · Waterville, ME · 2022
As the major service and education provider between Bangor and Portland, mid-Maine is positioned to fill a key gap in the states entrepreneurship ecosystem. Dirigo Labs (DL) will stimulate the establishment and growth o… read allAs the major service and education provider between Bangor and Portland, mid-Maine is positioned to fill a key gap in the states entrepreneurship ecosystem. Dirigo Labs (DL) will stimulate the establishment and growth of technology-based start-ups in mid-Maine, focusing on Maine-based, high-growth industry sectors including: bioeconomy, information technology, financial services, and innovation within Maines legacy industries of precision manufacturing and blue economy, which extends to emerging environmental technologies in marine and aquaculture clusters. less
$78,680
Grimburg Less Lethal Llc · Fryeburg, ME · 2022
The Grimburg Gavle less lethal launcher pistol is small, light weight, and comfortable to carry concealed. At 36 joules of energy it is a viable option for self defense, causing pain without severe injury. It is smaller… read allThe Grimburg Gavle less lethal launcher pistol is small, light weight, and comfortable to carry concealed. At 36 joules of energy it is a viable option for self defense, causing pain without severe injury. It is smaller and more powerful than our competitors' launcher pistols. We sold 200 pistols in 2022, as a successful beta test. We are seeking $58,600 in matched grant funding for this next production run. Well be improving manufacturing, updating the Gavle cosmetically, renewing our branding, lowering the production cost by redesigning some parts, bringing more production in house, and advertising with Leviathan Marketing, the premiere management company for firearm social media influencers. We will be advertising on million+ subscriber Youtube channel. less
$75,000
Tissue Plus Llc · Lynn, MA · 2022
Due to the worldwide shortage in parent rolls of tissue and towel, it has become increasingly difficult to procure consistent or reasonably priced supplies of paper used to make finished good for both the At Home retail… read allDue to the worldwide shortage in parent rolls of tissue and towel, it has become increasingly difficult to procure consistent or reasonably priced supplies of paper used to make finished good for both the At Home retail markets as well as Away from Home commercial markets. Therefore, a significant but highly competitive opportunity exists to contract convert for third party manufacturers. However, this initiative will require hiring a minimum of 6-18 machine operators to run 2-3 shifts on Tissue Pluss 5 current converting lines in the next 2-3 months. Hiring a plant manager, shift supervisors, an additional mechanic along with material handlers will also be necessary. The added employees will increase current payroll from approximately $23,000/mo to $75,000/mo. Considerable recruiting, training and technical support and infrastructure investment will be needed over the 2-3/mo startup period to transition back to a full scale, multi shift manufacturing site. less
$50,000
Brant & Cochran Llc · S Portland, ME · 2022
In order to meet overwhelming demand for its heirloom quality Maine wedge pattern axes, Brant & Cochran plans to triple production by introducing precision manufacturing and LEAN and green processes into its business. W… read allIn order to meet overwhelming demand for its heirloom quality Maine wedge pattern axes, Brant & Cochran plans to triple production by introducing precision manufacturing and LEAN and green processes into its business. We seek funding to help design, build, install and train our team on an entirely new way of making our Maine pattern axes. less
$39,200
Cumberland Ironworks · Durham, ME · 2022
Manufacturing and Employee Expansion
$39,200
Greisen Aerospace Llc · Brunswick, ME · 2022
Improving manufacturing capabilities in response to the COVID-19 Pandemic
$25,000
Poseidon Research Llc · Bangor, ME · 2022
Poseidon Research, LLC seeks a $25,000 matching award through the MTI Range 1 program to finish the development of a series of novel absorbent materials. Poseidon will use the award for the development of a new polymer … read allPoseidon Research, LLC seeks a $25,000 matching award through the MTI Range 1 program to finish the development of a series of novel absorbent materials. Poseidon will use the award for the development of a new polymer chemistry and bench-scale testing of plant extracts. The project will enable Poseidon to begin manufacturing and sales of a simple and safe kit for making essential oils, fragrances and homeopathic extracts from home and in the small business setting. less
$25,000
Nick Planson Llc · New Gloucester, ME · 2022
Shred Electric is developing a prototype suite of off-road vehicles and boat motors that use the same battery so customers can buy one battery that they use in an electric snowbike, boat, and utility terrain vehicle. We… read allShred Electric is developing a prototype suite of off-road vehicles and boat motors that use the same battery so customers can buy one battery that they use in an electric snowbike, boat, and utility terrain vehicle. We seek matching funds to rapidly develop prototype systems leveraging available vehicle chassis and partnerships with chassis and electric propulsion manufacturers. We have validated the technology availability, market demand, and investor interest, and have the team in place to execute effectively. We are also participating in the 2023 MCE Top Gun program, and will apply to CleanTech Open's 2023 cohort. less
$25,000
Intelli-Tex Llc · Readfield, ME · 2022
INTELLI-TEX LLC manufactures color-changing textile yarns and photovoltaic power-producing textile yarns that can be woven into consumer-grade products. Access to MTI funding will enable INTELLI-TEX to increase the comm… read allINTELLI-TEX LLC manufactures color-changing textile yarns and photovoltaic power-producing textile yarns that can be woven into consumer-grade products. Access to MTI funding will enable INTELLI-TEX to increase the commercial value of their smart materials technologies by improving prototype functionality. In addition, access to MTI funding will allow INTELLI-TEX to pursue further customer discovery and to develop strong business partnerships. less
$25,000
Di Manufacturing Solutions Llc · Saco, ME · 2022
UV LED HVAC Device Purchase
$24,129
Elizabeth Whelan · Booklin, ME · 2022
We have created a fabric that combines cushion comfort and material aesthetics into one product. It reduces manufacturing parts and is easy to install. It appeals to customer use by being durable, sustainable, breathabl… read allWe have created a fabric that combines cushion comfort and material aesthetics into one product. It reduces manufacturing parts and is easy to install. It appeals to customer use by being durable, sustainable, breathable and beautiful. We are requesting funding to make high fidelity prototype for presentation and testing. less
$500,000
Global Secure Shipping · Orono, ME · 2021
Establishing a Secure Composite Shipping Container Manufacturing Facility in Maine
$100,000
Midcoast Regional Redevelopment Authority · Brunswick, ME · 2021
Addition of Climate Control to TechPlace Manufacturing Incubator Facility
$92,118
Pelletier Manufacturing · Millinocket, ME · 2021
Forestry Recovery Initiative
$75,000
Huga Heat Llc · Southport, ME · 2021
Scaling Maine-Based Huga Heated Cushion Manufacturing
$25,000
Di Manufacturing Solutions Llc · Saco, ME · 2021
Development funding on UV conveyor product and related testing and marketing needs.
$25,000
Northern Spent Grains Llc Diggables · Yarmouth, ME · 2021
Extrusion/expansion technology to manufacture low-calorie, healthy snacks made from sustainably-sourced ingredients in Maine.

Top recipients

Repeat recipients are the strongest signal of whether a funder has an open door or quietly re-funds the same organizations.

Somerset Economic Development Corporation1 grant · $3.0M
Roux Institute4 grants · $1.6M
Rockstep Solutions2 grants · $1.3M
Kinotek Llc2 grants · $1.2M
Go Lab3 grants · $1.2M
Maine Plywood USA4 grants · $1.1M
Tanbark Molded Fiber Products2 grants · $1.1M
University of Maine3 grants · $1.1M
Robbins Lumber East Baldwin Llc2 grants · $990,000
Stratton Lumber1 grant · $990,000

Giving over time

$10.6M

2021

$30.7M

2022

$17.0M

2023

$22.2M

2024

Grant history

The 100 largest of 816 grants.

$3.0M
Somerset Economic Development Corporation · Skowhegan, ME · 2024
Somerset Forest Recovery Program.
$1.0M
Kinotek Llc · Portland, ME · 2023
Kinotek is a B2B SaaS platform that uses AI-driven technology deliver fast, objective human movement metrics. It is a disruptor in the $420 billion musculoskeletal health market where clinicians currently rely on a plas… read allKinotek is a B2B SaaS platform that uses AI-driven technology deliver fast, objective human movement metrics. It is a disruptor in the $420 billion musculoskeletal health market where clinicians currently rely on a plastic ruler to measure range-of-motion and mobility. Since FDA registration and market launch in August 2022, sales have reached $245k ARR across 31 states. Kinotek is seeking funding $2M in funding to accelerate sales to $1M ARR and Series A. MVF has already committed to matching up to $1M, so our actual raise is $1M via Convertible Note at a 20% discount, $18M cap, and 8% interest. less
$1.0M
Rockstep Solutions · Portland, ME · 2023
RockStep develops and delivers SaaS solutions for managing data and operations for drug discovery and life sciences research. The company seeks $1M in equity investment from MTI to accelerate sales revenue growth throug… read allRockStep develops and delivers SaaS solutions for managing data and operations for drug discovery and life sciences research. The company seeks $1M in equity investment from MTI to accelerate sales revenue growth through. less
$990,000
Hancock Lumber Company · Casco, ME · 2024
Bethel Value Added.
$990,000
Stratton Lumber · Stratton, ME · 2024
Hurst Boiler, Grinder and Auto-wrapper.
$990,000
Go Lab · Belfast, ME · 2023
Capital Support for First U.S. Wood Fiber Insulation Plant, GO Lab, Inc. Madison, Maine.
$984,215
Tanbark Molded Fiber Products · Saco, ME · 2023
Hybrid Molded Fiber clamshell pilot project, Tanbark Medical Materials Market, Debt Financing to purchase equipment to increase capacity by 200%
$934,300
Standard Biocarbon Corporation · Portland, ME · 2022
Fund Request for Labor costs Associated with Narrow Project Start-Up Window Caused in Part by COVID related delays
$725,000
Whole Trees Llc · Madison, WI · 2023
Partnering to Repurpose and Reopen: Bringing innovative inventory systems, sales strategy and production processes to existing Maine facility to meet proven East Coast demand for the Original Mass Timber.
$560,000
Roux Institute · Portland, ME · 2024
BioIN Incubator and BioPILOT Lab, a collaboration between the Northeastern/Roux Institute and the University of Southern Maine.; Future of Healthcare Founder Residency; Life Science Impact Forum; Startup Solutions: Immi… read allBioIN Incubator and BioPILOT Lab, a collaboration between the Northeastern/Roux Institute and the University of Southern Maine.; Future of Healthcare Founder Residency; Life Science Impact Forum; Startup Solutions: Immigrant Welcome Center; The Maine Summer Accelerator at the Roux Institute. less
$559,215
Maine Plywood USA · Bingham, ME · 2023
Maine Plywood is building the only plywood mill in North America to manufacture Plywood underlayment. It will also be the ONLY plywood mill in New England. This plant is being built to replace the Multiply plywood plant… read allMaine Plywood is building the only plywood mill in North America to manufacture Plywood underlayment. It will also be the ONLY plywood mill in New England. This plant is being built to replace the Multiply plywood plant that burnt down. less
$550,000
Roux Institute · Boston, MA · 2023
The goal of the proposed BioIN Incubator and BioPILOT Lab initiatives is to create a pilot incubator and prototyping space for life science companies. Our hypothesis is that leases for turnkey wet lab space and access t… read allThe goal of the proposed BioIN Incubator and BioPILOT Lab initiatives is to create a pilot incubator and prototyping space for life science companies. Our hypothesis is that leases for turnkey wet lab space and access to capital equipment and scientific experts will facilitate success and growth of startup companies, leading to job and revenue growth in Maine's burgeoning bioeconomy. less
$530,000
Defendify · Portland, ME · 2022
Defendify, Inc. Response Plan due to Negative Economic Impacts of the Covid-19 Pandemic
$530,000
Springworks Farm Maine · Lisbon, ME · 2022
At Springworks Farm, we believe Maine has the potential to become a leader in leafy greens production. To make this a reality, we are adding an additional 500,000 square feet of additional grow space over the next five … read allAt Springworks Farm, we believe Maine has the potential to become a leader in leafy greens production. To make this a reality, we are adding an additional 500,000 square feet of additional grow space over the next five years. The first phase of this expansion is Greenhouse #4, which will help us meet retail demand, create quality jobs, and increase access to organic local lettuce. less
$500,000
Eme Biofuels Llc · Woodstock, VT · 2024
EME Biofuels.
$500,000
Compotech · Brewer, ME · 2023
Compotech has developed the next generation of expeditionary and modular military shelters. MINATORS can be assembled by a small group of soldiers, providing the comforts of a permanent shelter with the mobility and mod… read allCompotech has developed the next generation of expeditionary and modular military shelters. MINATORS can be assembled by a small group of soldiers, providing the comforts of a permanent shelter with the mobility and modularity of a temporary shelter. Compotech is seeking funding for MINATORS manufacturing equipment. less
$500,000
Fork Food Lab · South Portland, ME · 2023
Fork Food Lab 2.0
$500,000
Good Shepherd Food Bank · Auburn, ME · 2023
Investing in Maine's first at scale green vegetable processing supply chain.
$500,000
Jl Rich Timber Harvesting Llc · Hodgdon, ME · 2023
New Cut to Length Operation
$500,000
North Spore Llc · Portland, ME · 2023
We are seeking funding to further expand our digital marketing and sales team, as well as create a human resources department. We are in a rapid growth and hiring phase as we begin to take advantage of our new manufactu… read allWe are seeking funding to further expand our digital marketing and sales team, as well as create a human resources department. We are in a rapid growth and hiring phase as we begin to take advantage of our new manufacturing facility and scale up our successful, innovative products. These investments will ensure more continued growth, create a number of well-paid and specialized jobs, and contribute to the personnel infrastructure we need to stay on our trajectory and fully support our growing revenues, brand and team. less
$500,000
Global Secure Shipping · Orono, ME · 2021
Establishing a Secure Composite Shipping Container Manufacturing Facility in Maine
$499,317
Tanbark Molded Fiber Products · Portland, ME · 2024
Electricity Upgrade to expand Production Capacity Video Production for Marketing Assets.
$495,000
Robbins Lumber East Baldwin Llc · Searsmont, ME · 2024
Better Utilization of the Eastern White Pine Resource through Implementation of Value-based Scanning.
$495,000
Sappi North America · Westbrook, ME · 2024
Improvement of pulp and paper mill productivity when softwood chip ratio increases beyond 15% during the Copulp process at Somerset mill.
$495,000
Nd Evergreen Llc · Old Town, ME · 2023
ND Paper Rumford Division PM15 Rebuild
$495,000
Robbins Lumber East Baldwin Llc · Searsmont, ME · 2023
Better Utilization of the Eastern White Pine Resource through Implementation of Value-based Scanning
$490,268
University of Maine · Orono, ME · 2021
Forestry Recovery Initiative
$490,000
Godfrey Forest Arizona Llc · Marblehead, MA · 2024
Godfrey Forest Maine OSB Mill.
$450,000
T&D Wood Energy Llc · Sanford, ME · 2024
Acquiring two shuttered facilities and expanding existing facility to meet rapidly increasing demand.
$449,167
Nyle Systems Llc · Brewer, ME · 2022
Pandemic Recovery Plan
$440,000
Coursestorm · Orono, ME · 2022
Investment made to accelerate growth and attract, upskill and retain staff.
$437,467
Reconnect · Cumberland, ME · 2022
Scaling and build foundation for our largest customer (the 3rd largest county in the U.S.)
$426,413
Maine Space Corporation · Augusta, ME · 2024
Building Maines Space Knowledge Cluster in Space Applications.
$400,000
Shucks Maine Lobster Llc · West Gardiner, ME · 2023
Shucks Maine Lobster has become an internationally award winning Maine Lobster processor of innovative value-added products utilizing state of the art HPP technology. We currently have 60 employees in a 26,000 SF facili… read allShucks Maine Lobster has become an internationally award winning Maine Lobster processor of innovative value-added products utilizing state of the art HPP technology. We currently have 60 employees in a 26,000 SF facility. Shucks is on the verge of significant growth with immediate plans to expand into a new state of the art Gorham facility; dramatically increase its product line; add 20 new jobs; and sign new agreements with two major players in the Maine Lobster industry. This growth is based on the purchase of a new state of the art HPP machine that will increase production by 50%. less
$400,000
Highbyte · Portland, ME · 2022
Retention and Recruitment Funding
$396,667
The Montalvo Corporation · Gorham, ME · 2022
COVID 19 Pandemic Recovery Funding
$373,333
Caron Engineering · Wells, ME · 2022
We plan to use these funds for four core initiatives at our company.
$373,333
David Saunders · S Portland, ME · 2022
Automation for process efficiencies and job creation/retention.
$373,333
North Spore Llc · Portland, ME · 2022
Infrastructure and supply chain improvements for post-pandemic resiliency
$366,667
Deep Water Buoyancy · Biddeford, ME · 2022
high volume automated mixer purchase
$360,000
Auburn Manufacturing · Mechanic Falls, ME · 2022
Upgrade of AMI facilities and add/improve its skilled workforce to meet Defense Industrial Base demand
$360,000
Origin Bjj Llc · Farmington, ME · 2022
Additional Hires: 2022 Year-End Headcount vs 2021 Year End Headcount: 30 x $50,000 Average Loaded Cost = $1,500,000Investments in New Processing Equipment: New looms to supplement/replace decades old machinery (quote pr… read allAdditional Hires: 2022 Year-End Headcount vs 2021 Year End Headcount: 30 x $50,000 Average Loaded Cost = $1,500,000Investments in New Processing Equipment: New looms to supplement/replace decades old machinery (quote provided) $159,825Automated fabric spreader (quote provided) $65,590Expansion of medical insurance program (to include dental and vision coverage) $24,390 less
$346,667
Arkatechture · Portland, ME · 2022
Expand Hiring & Develop a New Training Program to Grow & Sustain Go-to-Market, Product Development & Delivery Capacity
$346,667
Grover Gundilling Llc · Oxford, ME · 2022
COVID Pandemic Response Funding
$346,667
Yale Cordage · Saco, ME · 2022
Process improvements
$339,617
Opal Build Llc (Dba Notchsb) · Belfast, ME · 2024
Creating Resiliency in Residential Housing Construction; OPAL Build - Unlocking Affordable Housing through Sustainability.
$339,148
Biofine Developments Northeast · Portland, ME · 2023
Biofine Developments Northeast (BDNE) owns a proprietary technology that enables the economic conversion of waste ligno/cellulosic feedstocks into third-party verified co2 negative bioproducts. Currently, BDNE is workin… read allBiofine Developments Northeast (BDNE) owns a proprietary technology that enables the economic conversion of waste ligno/cellulosic feedstocks into third-party verified co2 negative bioproducts. Currently, BDNE is working to finance an industrial biorefinery in Lincoln, ME (BMP-1) and requests MTI's assistance, via a $400k loan, to finalize required pre-development work stream. Each pre-development work stream culminates in a deliverable required by BMP-1's prospective investors. The $400k MTI loan is the final remaining capital required of the $1.66 million dollar budget to finalize the deliverables required to close on financing for BMP-1. less
$333,333
Polymer Laboratories & Solutions Llc · Portland, ME · 2022
Next Generation Polyurethane Molded Parts Production Equipment to Support US Army Warfighters
$328,605
University of Maine · Orono, ME · 2022
Vision & Roadmap for Maine's Forest Sector
$322,867
Bookclubz · Camden, ME · 2022
We plan to utilize this $200,000 grant to increase our ad sales revenue to 20% in the next 12 months and build the foundation for a 100% jump in ad sales revenue in 2023. Well use the funding as following:$150,000 (sala… read allWe plan to utilize this $200,000 grant to increase our ad sales revenue to 20% in the next 12 months and build the foundation for a 100% jump in ad sales revenue in 2023. Well use the funding as following:$150,000 (salary and benefits) to hire a full-time ad-sales director $25,000 (salary) to hire a part-time ad-ops manager $23,000 to give a 12% raise to our current sales manager and chief revenue officer $2,000 to establish a 401k program for all Bookclubz employees less
$320,000
Brooklin Boat Yard · Brooklin, ME · 2022
Brooklin Boat Yard Innovation Upgrade
$317,250
Competitive Energy Services Llc · Portland, ME · 2022
Energy & Sustainability Data Services
$316,973
Bourgeois Guitars Llc · Lewiston, ME · 2022
The PLEK is a specialized CNC machine designed to optimize every element that contributes to a guitars playability. Its functions include milling highly complex geometric fretboard surfaces, leveling and shaping frets, … read allThe PLEK is a specialized CNC machine designed to optimize every element that contributes to a guitars playability. Its functions include milling highly complex geometric fretboard surfaces, leveling and shaping frets, and calibrating the height of nut slots and saddle heights. Efficiencies gained by incorporating PLEK technology and other automations into our manufacturing system are critical to our growth plan of tripling revenue in the next 3 years and doubling our workforce to 60 full time, benefitted jobs by 2029. We are seeking MTI matching core grant funding to help us bring this technology to Maine. less
$310,000
Alakazam · Portland, ME · 2022
Applicant has yet to launch their 3d web metaverse platform but has revenue through their consulting/professional services in the same field and provided two LOIs from potential customers for when their product launches.
$306,667
Casco Bay Molding Ltd · Sanford, ME · 2022
Casco Bay Molding (Casco), started in Sanford in 2000, has grown into an FDA Registered, ISO 13485 Certified product development and manufacturing company specializing in silicone rubber and thermoplastic medical device… read allCasco Bay Molding (Casco), started in Sanford in 2000, has grown into an FDA Registered, ISO 13485 Certified product development and manufacturing company specializing in silicone rubber and thermoplastic medical devices as well as consumer & industrial component parts and products. In 2015 we invested in a joint venture tool and mold shop and in 2021 reinvested in a mold only Casco owned mold shop enhancing our product development capabilities.In the 4th quarter of 2021, as the effects of the pandemic waned, its after effects of raw material (silicone) shortages, labor availability/rates and spike in raw material costs hit our profitability quite hard. less
$306,667
North End Composites Llc · Rockland, ME · 2022
Pandemic Recovery Funding for Hiring and Retention and Manufacturing Efficiencies
$306,667
Steel-Pro · Rockland, ME · 2022
Production Optimization Purchase Heavy Duty Internal Seam Grinding System aka Polisher to increase output capacity of a specific product for the biopharmaceutical market sector. This equipment will allow us to dedicate … read allProduction Optimization Purchase Heavy Duty Internal Seam Grinding System aka Polisher to increase output capacity of a specific product for the biopharmaceutical market sector. This equipment will allow us to dedicate a space to automate a task that is typically manual and requires a fair amount of skill and turn it into a task that requires less space and hands on involvement from our employees. less
$306,667
The Baker Company · Sanford, ME · 2022
COVID 19 Pandemic Recovery Funding
$300,000
Our People · Portland, ME · 2023
OurPeople.com provides employee communications and operations software to the hourly workforce in businesses of all sizes across the US and the UK.
$299,000
Hyperlite Mountain Gear · Biddeford, ME · 2022
Marketing and R&D Enhancement
$293,333
Farming Fungi Llc · Sanford, ME · 2022
For COVID Pandemic Response Plan
$290,000
Dream Local Digital Ltd · Thomaston, ME · 2022
SkillsBuilder Marketing Coach program launch & New Market Development
$283,749
Maine Space Grant Consortium · Augusta, ME · 2022
In the current MTI Investment, we complete the strategic plan for the Maine Space Complex (see Attachment A). As the result of the planning effort, we identified additional work that would lead to a stronger foundation … read allIn the current MTI Investment, we complete the strategic plan for the Maine Space Complex (see Attachment A). As the result of the planning effort, we identified additional work that would lead to a stronger foundation for the Complex, lead to more significant benefits to the state than what would not have been possible under the current strategic plan. This additional work would facilitate more opportunities and economic growth for the Complex and the state of Maine. The first need is to secure new business opportunities for industries in the new Space Economy and the Maine Space Complex. The second need is to continue engagement with communities and stakeholders in conversation regarding the Maine Space Complex to ensure that the value proposition is clear and moving toward adoption. less
$280,000
Biddeford Internet Corp · Biddeford, ME · 2022
Metaswitch Project - Virtualize Entire Phone Switch Infrastructure
$280,000
Lifethereal Llc · Gorham, ME · 2022
COVID Pandemic Response Funding
$280,000
Mount Desert Island Biological Laboratory · Salisbury Cove, ME · 2022
Advancing Drug Discovery in Maine
$280,000
Ocean Renewable Power Company · Portland, ME · 2022
order the manufacturing and delivery of a generator and driveline to expedite the assembly/lead time in anticipation of upcoming closing agreements with a next-in-the-pipeline customer, a municipality in Patagonia, Chil… read allorder the manufacturing and delivery of a generator and driveline to expedite the assembly/lead time in anticipation of upcoming closing agreements with a next-in-the-pipeline customer, a municipality in Patagonia, Chile. less
$280,000
Rockstep Solutions · Portland, ME · 2022
STEM job opportunities for Maine
$273,285
Maine Plywood USA · Bingham, ME · 2024
LEGAL COUNCIL: To determine whether or not to continue as an LLC or become a C-corp. In addition with the oncoming USDA loan and advising on raising money from Equity partners; Maine Plywood; Powering the next generatio… read allLEGAL COUNCIL: To determine whether or not to continue as an LLC or become a C-corp. In addition with the oncoming USDA loan and advising on raising money from Equity partners; Maine Plywood; Powering the next generation of sustainable plywood for Maine. less
$266,667
Nbt Solutions Llcvetro · Portland, ME · 2022
Additional Hires and Enhanced compensation, benefits or training for existing employees
$266,667
Sea Bags · Portland, ME · 2022
invest in additional equipment and staff to double our output in the next three years. Covid Pandemic Recovery
$260,000
Constant Energy Capital Management · Falmouth, ME · 2022
Fintech platform feature delivery and customer onboarding
$260,000
Myhealthmath Llc · Portland, ME · 2022
Pandemic Recovery Funding
$260,000
Pk Floats · Lincoln, ME · 2022
Natural Resources Protection Aircraft Development
$260,000
Tis Brewer Llc · Troy, NY · 2022
High Definition Five Axis CNC Plasma Table
$255,000
Nautical Farms Llc · Machias, ME · 2024
Digital Marketing & E-Commerce; Nautical Farms LLC Expansion.
$253,333
Maine Wood Turning · New Vineyard, ME · 2022
We plan to upgrade our bolter saw operation in our sawmill from 1970s technology to current. Included will be a Custom Resaw and Return system, gang saws, and conveyor systems in and out of the saw area.
$253,000
Blushift Aerospace · Brunswick, ME · 2023
bluShift seeks funding of its Seed round to realize FAA licensing of its launch vehicle, future Maine launch site, construction of its suborbital rocket Starless Rogue and achieving a successful launch with paying custo… read allbluShift seeks funding of its Seed round to realize FAA licensing of its launch vehicle, future Maine launch site, construction of its suborbital rocket Starless Rogue and achieving a successful launch with paying customer experiments, from students from schools within Maine and across the United States. less
$253,000
Pumpspotting · Eliot, ME · 2023
Pumpspotting is making the world more inclusive for feeding families. Our tech-enabled solution helps companies provide baby-feeding support to their employees, customers, patients, and guests. We are raising our Series… read allPumpspotting is making the world more inclusive for feeding families. Our tech-enabled solution helps companies provide baby-feeding support to their employees, customers, patients, and guests. We are raising our Series Seed2 Round to support our growing enterprise customers and build out technology to expand into the healthcare market. less
$250,000
Eagle Point Energy Center Llc · Orrington, ME · 2024
Eagle Point Phase II Process Upgrade.
$250,000
Grandy Organics Llc · Hiram, ME · 2024
Build out management team and automate production to make Grandy Organics a more resilient business.
$250,000
Great Northern Salmon · Millinocket, ME · 2024
Implementation of critical path initiatives to ensure construction start on schedule.
$250,000
Looma Llc · South Portland, ME · 2024
Addition of Volume Manufacturing to Looma's Services.
$250,000
Maine Canned Fish · Topsham, ME · 2024
Maine Canned Fish Startup.
$250,000
Maine Electric Boat Company Llc · Biddeford, ME · 2024
Electric Propulsion Workforce Training.
$250,000
Maine Grains · Skowhegan, ME · 2024
Building capacity to manufacture upcycled nutritious grain cereals and snacks at Maine Grains.
$250,000
The Good Crust Llc · Canaan, ME · 2024
Good Crust Builds Resilience with Infrastructure Expansion to Serve Schools.
$250,000
Washburn & Doughty Associates · Boothbay, ME · 2024
Hiring Initiatives: Human Resources Director, Project Manager and Hybrid Support Engineers; Purchase and Implementation of ERP System.
$250,000
Northeastern University · Boston, MA · 2023
Roux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Adva… read allRoux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Advanced Life Sciences, Artificial Intelligence, Data and Computer Science, Sustainability, and The Modernization of Natural Resources. Two key components of this program are our 13 week accelerator program and our year long startup residency. less
$250,000
Prosperityme · Portland, ME · 2023
Individual Development Account Program
$250,000
Kennebec Technologies · Augusta, ME · 2022
COVID Pandemic Response Funding
$250,000
Maine Plywood USA · Bingham, ME · 2022
help put all this machinery back together and accelerate the start of the plywood plant.
$250,000
Roux Institute · Boston, MA · 2022
Future of Healthcare Founder Residency
$250,000
Farmhand Automation · Biddeford, ME · 2021
Autonomous Electric Rover for Automated Carbon Free Farming
$250,000
Peregrine Turbine Technologies Llc · Wiscasset, ME · 2021
A new technology for storing renewable, non-dispatchable power using Thermal Energy Storage technology coupled with Peregrine's breakthrough turbine engine technology which employs super-critical Carbon Dioxide and achi… read allA new technology for storing renewable, non-dispatchable power using Thermal Energy Storage technology coupled with Peregrine's breakthrough turbine engine technology which employs super-critical Carbon Dioxide and achieves world-record level efficiency. less
$250,000
Roux Institute · Portland, ME · 2021
Roux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Adva… read allRoux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Advanced Life Sciences, Artificial Intel less
$250,000
Treeline · Lincoln, ME · 2021
Forestry Recovery Initiative
$240,000
Kinotek Llc · Portland, ME · 2022
COVID Pandemic Response Funding
$240,000
Ready Seafood Co · Saco, ME · 2022
Power Delivery to a Rural Maine Lobster Business
$239,128
University of Maine · Orono, ME · 2023
The university of Maine has a variety of activities that are funded by MTI

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Source: IRS Form 990, Schedule I, as filed by this organization. These are grants already paid. Grants paid directly to individuals are reported to the IRS only as totals, so they do not appear as named lines here.