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

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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.

28 grants matching “sales” · $4.7M

$67,000
Coursestorm · Orono, ME · 2024
Multi-channel sales increase.
$50,000
Snoyak Llc · Kingfield, ME · 2024
Mass Market Customer Discovery & Maine Manufacturing SnoYak Manufacturing and Sales Initiative.
$25,000
Ocean Innov Llc · Yarmouth, ME · 2024
Creation of a Maine based Technical Sales Manager position to boost our reach to shipyards and boatyards (B2B) for the East Coast and Great Lakes areas
$10,000
Skip Llc · Rockland, ME · 2024
Refresh Skip Website Marketing Language and UX and Create Sales Funnels In Order to Increase B2C Paid Subscribers and Position Skip for B2B Expansion.
$5,700
Stophazing Consulting Llc · Orono, ME · 2024
Increasing Domestic Sales for Online Course, StandUp to Hazing.
$5,250
Glidden Point Oysters · Edgecomb, ME · 2024
Sales Software Implementation - Activate.
$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
$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.
$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
$50,000
Diggables · Yarmouth, ME · 2023
Our company launched a buckwheat-based snack ("Diggables") in June 2023. We have seen strong consumer interest locally, and we are already in 60 retail stores in less than 2 months. We will continue to build out our loc… read allOur company launched a buckwheat-based snack ("Diggables") in June 2023. We have seen strong consumer interest locally, and we are already in 60 retail stores in less than 2 months. We will continue to build out our local sales, but the next phase of our development will be to build distribution and sales networks that extend into the Boston and New York metropolitan region and surrounding communities. We are hoping that Barry Wilfand - a MERC consultant - can help us build these distribution and sales networks and related marketing efforts. A more detailed scope of work will be submitted separately. less
$25,000
Pact App · Brunswick, ME · 2023
Our innovation is Fwego, a SaaS solution for the travel industry that streamlines destination management for travel businesses and their customers. Our platform centralizes communication, booking, coordination, schedule… read allOur innovation is Fwego, a SaaS solution for the travel industry that streamlines destination management for travel businesses and their customers. Our platform centralizes communication, booking, coordination, schedules, and payments, freeing valuable time for travel industry professionals to focus on sales and deliver outstanding customer experiences. We seek access to funding to develop our platform further and expand our reach. Additionally, we seek business advice from experienced professionals to help us achieve our goals and maximize our impact. less
$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
$220,000
Thermoformed Plastics of Ne Llc · Biddeford, ME · 2022
Invest in new molding machineOn our heavy gauge side of our business, we are quoting a 4 month plus lead time. Customers are barely accepting of those dates now but by the end of the year it would be unacceptable. They … read allInvest in new molding machineOn our heavy gauge side of our business, we are quoting a 4 month plus lead time. Customers are barely accepting of those dates now but by the end of the year it would be unacceptable. They will find another vendor not as good but at least theyll get parts.We need a larger format molding machine that can pressure form (cost for machine, rigging and installation is estimated to be $240K).Promote our production coordinator to GMIn May 2021 we hired Kim Caldwell to be the GM so Paul could focus 80% on sales. Unfortunately just as Kim started, our production coordinator resigned for medical reasons. Kim assumed the production coordinator role and in early 2022 began taking on some of the GM responsibilities which has begun freeing Paul to focus on sales. Q1 2022 sales are up 53% over last year and net profit is up 144%. We want to continue the shift of moving Kim into the role of GM and Paul into sales.We recently gave Kim a $15K raise bringing h less
$100,000
Mountain Machine Works · Auburn, ME · 2022
Precision Equipment, ISO 9001, Increase Sales in New England
$100,000
Fieldstack Llc · Cumberland Foreside, ME · 2022
The FieldStack Lean Retail Platform is a unified technology stack that provides point-of-sale, eCommerce, inventory management, warehouse management, customer relationship management, real-time data analytics, automatio… read allThe FieldStack Lean Retail Platform is a unified technology stack that provides point-of-sale, eCommerce, inventory management, warehouse management, customer relationship management, real-time data analytics, automation, and more. Our eCommerce solution is a critical component, unlocking our clients ability to provide a unified experience to their customers as they shop online and in stores. This project will expose all eCommerce functionality via an API for greater scalability and allow 3rd parties to develop mobile applications to strengthen our clients omni-channel capabilities. less
$92,467
Circa Labs · Brunswick, ME · 2022
Compensation and Travel expenses for sales and customer success
$75,000
Whole Trees Llc · Madison, WI · 2022
Bringing innovative inventory systems, sales strategy and production processes to existing Maine facility to meet proven East Coast demand for the Original Mass Timber.
$50,000
40grid · Scarborough, ME · 2022
40grid develops and delivers the most effective business-process-automation SaaS solution for field-service businesses. While operating in stealth mode, 40grid signed several customers, including a few of the largest pe… read all40grid develops and delivers the most effective business-process-automation SaaS solution for field-service businesses. While operating in stealth mode, 40grid signed several customers, including a few of the largest pest management companies in the United States, and its minimum viable product has been in production for some customers since 2020. Now, 40grid seeks additional funds to grow its Portland (ME)-based headquarters and add features to its SaaS solution in advance of its inaugural sales and marketing campaign. less
$44,100
Casa Group · Durham, ME · 2022
1.New hire: we will hire a full-time sales agent relationship manager to train, support and manage a growing pool of independent sales agents spread across the country. This position will be based in Maine and will offe… read all1.New hire: we will hire a full-time sales agent relationship manager to train, support and manage a growing pool of independent sales agents spread across the country. This position will be based in Maine and will offer benefits. This role is needed because we have determined, based on market feedback and early sales trials, that the large majority of sales will require a live person interacting in-person with the prospective customer at the closing portion of the sales process. Our pilot all remote model has not been successful, so we are adapting to utilize a commission only, independent sales agent network who we are currently recruiting to handle that final phase of the sales process. This group will need training in our product and service, troubleshooting and other support and active management to ensure correct reporting and to maximize their productivity. We estimate the fully loaded annual cost of this role (salary + benefits + on costs) to be $72,000 (exact cost wil less
$37,567
Dewey · Yarmouth, ME · 2022
1) Hiring a part time Maine based intern to support our workplace marketing and sales efforts2) Running focus groups with HR and benefits leaders in the corporate space to discuss sales strategy, pricing and positioning… read all1) Hiring a part time Maine based intern to support our workplace marketing and sales efforts2) Running focus groups with HR and benefits leaders in the corporate space to discuss sales strategy, pricing and positioning3) Development of marketing materials and testing of campaigns based on focus group core messaging and pricing via outbound marketing via linkedin, CHIEF and social media. less
$35,933
Pumpspotting · Eliot, ME · 2022
expanding Workplace Lactation Programs through sales and marketing investment
$35,933
Our People · Portland, ME · 2022
hire back several employees and increase sales and customer support teams.
$29,400
Orono Spectral Solutions · Hermon, ME · 2022
Accelerated Sales Growth
$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
$22,867
Abundance Works Llc · Bar Harbor, ME · 2022
Profit Decoder is a web app that gives entrepreneurs a grip on their profitability in minutes. We lead entrepreneurs through a guided process to understand their numbers, determine how to improve and create a growth pla… read allProfit Decoder is a web app that gives entrepreneurs a grip on their profitability in minutes. We lead entrepreneurs through a guided process to understand their numbers, determine how to improve and create a growth plan. Profit Decoder shows the sales needed to be profitable and the key levers that change profitability. We give business owners plainspoken answers to questions that keep them up at night. Questions like: How will sales volume impact profitability? Should prices be raised or lowered? How will changing costs impact profits? What products and services generate profits? After prototyping Profit Decoder with over a hundred entrepreneurs, we have seen how Profit Decoder transforms peoples businesses and lives. Given the ravages of COVID-19, there has never been a more critical time to support small businesses that are the backbone of our communities. We seek funding to move from a prototype to fully operational web app. less
$19,000
Spring Point Solutions Llc · Portland, ME · 2022
The Spring Point Suite is offered in the Software as a Service (SaaS) model. Our customers are typically industrial repair, sales, and field service organizations, primarily in the electro-mechanical industry. We have d… read allThe Spring Point Suite is offered in the Software as a Service (SaaS) model. Our customers are typically industrial repair, sales, and field service organizations, primarily in the electro-mechanical industry. We have developed a product (QM Wizard) that customers use within their shop. This MTI-funded project will be developing QM Wizard into an app, where customers can take jobs offline when cell or WIFI is not readily available. less
$50,000
Omnic Data · Brunswick, ME · 2021
Determine if the market conditions exist and the technical requirements are achievable to support the development, production, and sale of blockchain secured digital assets versus traditional digital assets.

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.