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.

45 grants matching “seeks” · $5.3M

$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
$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
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
$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
$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
Maine Center for Entrepreneurs (V) · Portland, ME · 2023
MCE is seeking matching funding to support an application to EDA's Build to Scale Program to establish a Maine Bioscience Cluster Initiative to serve Maine's emerging life sciences innovators. MCE will scale our existin… read allMCE is seeking matching funding to support an application to EDA's Build to Scale Program to establish a Maine Bioscience Cluster Initiative to serve Maine's emerging life sciences innovators. MCE will scale our existing Top Gun and Cultivator programs and develop specific curricula to serve biosciences companies from "idea stage" to startup, and through scale-up. MCE will partner with TechPlace and the Union River Center for Innovation to host a Top Gun like accelerator at each location annually. In addition, we will hire a "Bioinnovate Champion" to support, nuture, and educate bioscience researchers and entrepreneurs on taking their innovation from the lab to the market. Finally, MCE will work with established bioscience companies to help them gain marketshare, expand markets, and become more profitable. less
$75,000
Election Bridge · Portland, ME · 2023
CIVA is revolutionizing civic engagement by creating a digital bridge between small to medium-sized organizations and governmental processes. Utilizing state-of-the-art AI and geospatial technology, our platform streaml… read allCIVA is revolutionizing civic engagement by creating a digital bridge between small to medium-sized organizations and governmental processes. Utilizing state-of-the-art AI and geospatial technology, our platform streamlines access to crucial funding opportunities, resources, and policy-making channels. We are seeking both financial investment and strategic advice to scale our successful pilot projects in Maine and Georgia, aiming to expand our reach across New England and the Southeast. Our vision is powered by a strong team with deep expertise in government, organizational development, and technology. Together, we're setting the stage for a more transparent, efficient, and participatory society. less
$75,000
Parity Healthcare Analytics · Scarborough, ME · 2023
We created a unique software as a service solution for family birthing centers who need a method for tracking and reporting the acuity based nurse to patient staffing ratios in their units. The funding we seek will prov… read allWe created a unique software as a service solution for family birthing centers who need a method for tracking and reporting the acuity based nurse to patient staffing ratios in their units. The funding we seek will provide us the ability to automate reporting and analytics for our customers as well as drive growth through a new website, digital marketing strategies, and additional industry conferences that our target customers attend. less
$54,500
Relax Llc · Pittsfield, ME · 2023
Relaxx App is innovating in ways that other mindfulness and meditation apps have yet to explore. Our app not only provides valuable resources to individuals seeking to improve their mindfulness journey, but it also offe… read allRelaxx App is innovating in ways that other mindfulness and meditation apps have yet to explore. Our app not only provides valuable resources to individuals seeking to improve their mindfulness journey, but it also offers a unique solution for employers to promote essential mindfulness regarding safety, health, and overall well-being in the workplace. As the first mindfulness app to offer a real business ROI, we're breaking new ground and providing businesses with an innovative way to support their employees' mental, emotional, and jobsite health. less
$50,000
Spreading Good · Yarmouth, ME · 2023
Harvest Maine makes healthy snacks from farm seconds and agricultural by-products, thereby generating greater profitability for Maine farms and helping reduce some of the food waste that is so prevalent throughout the f… read allHarvest Maine makes healthy snacks from farm seconds and agricultural by-products, thereby generating greater profitability for Maine farms and helping reduce some of the food waste that is so prevalent throughout the food system. We seek a $50k grant from MTI to help our young business scale to a size that makes our business model profitable and supports our growth into multiple lines of healthy snacks that create a viable secondary market for agricultural products that are underutilized or going to waste. 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
$45,000
Leisure Group Tech · Portland, ME · 2023
Our Leisure Group Tech software is designed to allow you to plan and coordinate events of all types and sizes. Our software is designed to streamline the event planning process. Our software is user-friendly, efficient,… read allOur Leisure Group Tech software is designed to allow you to plan and coordinate events of all types and sizes. Our software is designed to streamline the event planning process. Our software is user-friendly, efficient, and customizable, providing a seamless experience for all users. With our software, you can focus on delivering exceptional travel and event experiences for your clients while we take care of the administrative tasks. We are committed to making our software available to everyone include those located in rural areas and from the the BIPOC communities interested in starting local businesses from home. I am seeking MTI funding to help us with the redevelopment of our software to multi tenant software for commercialization so we can offer software as a service (SaaS) to the millions of other event professionals around the World. less
$33,000
Sustainable Sea Products · Portland, ME · 2023
Sustainable Sea Products (SSP) is a Maine-based company that specializes in creating environmentally friendly molded fiber packaging and paper products made from locally sourced seaweed and kelp. Our mission is to suppo… read allSustainable Sea Products (SSP) is a Maine-based company that specializes in creating environmentally friendly molded fiber packaging and paper products made from locally sourced seaweed and kelp. Our mission is to support local industries and communities while reducing the environmental impact of traditional packaging and paper production. Our primary goals include developing a sustainable line of molded fiber packaging and paper products, expanding our market reach, and contributing positively to the environment and local economies. In order to do so, we are seeking funding for the research and development of our products and patenting our idea. less
$30,000
Radiolife Co · Wilmington, DE · 2023
Radiolife is developing its flagship medical device, Cube Scan, to sell to healthcare providers and diagnostic laboratories. The problem with current diagnostic technology and systems is that they are expensive and slow… read allRadiolife is developing its flagship medical device, Cube Scan, to sell to healthcare providers and diagnostic laboratories. The problem with current diagnostic technology and systems is that they are expensive and slow they rely on reagents, which are expensive and require a biochemical reaction to occur to analyze each sample such as in an RT-PCR diagnostic test. Radiolife seeks funding to continue developing Cube Scan to address this problem by using radiofrequency signatures identified in patient samples combined with AI modeling and deliver accurate and cost-effective diagnostic test results in under 20 seconds without reagents. Our solution is different from current alternatives because it's smaller, cheaper, faster, and has the potential to be non-invasive. Additionally, Radiolife's innovation can be deployed in a variety of settings, including point-of-care and low-resource environments, making it versatile and adaptive to different customer and community needs. less
$25,000
Atlantic Cookie Company Llc · Scarborough, ME · 2023
Atlantic Cookie Company was founded in 2011. Our cookie the "Shuckie" was modeled after the Chinese Fortune Cookie; we feel there are missed opportunities in the seafood industry from restaurants, hotels and hospitality… read allAtlantic Cookie Company was founded in 2011. Our cookie the "Shuckie" was modeled after the Chinese Fortune Cookie; we feel there are missed opportunities in the seafood industry from restaurants, hotels and hospitality venues, weddings and cruise lines that the fortune cookie doesn't target. Our cookie is similar to a scallop that is hinged with a "Quotie" inside. You "Shuck It, Read It, Eat It, Love It!". The quoties can be customized to brand market. We are seeking an MTI Range 2 grant along with $49,000 from CEI for engineering, logistics (ERP and CRM) system, e-commerce website, and marketing strategy. less
$25,000
Efficient Surgical Apps · South Portland, ME · 2023
JotLogs' innovation is a unique software-as-a-service product that optimizes clinical documentation using advanced machine learning. Our user-friendly platform allows healthcare providers to reduce time spent on paperwo… read allJotLogs' innovation is a unique software-as-a-service product that optimizes clinical documentation using advanced machine learning. Our user-friendly platform allows healthcare providers to reduce time spent on paperwork and focus more on patient care. By offering insightful data visualization tools and ensuring data security with robust protocols, we enhance both efficiency and trust in our service. As we continue to refine and expand our services, we are seeking both funding and strategic business advice. Financial support will accelerate product development, market expansion, and support ongoing research. In addition, we're interested in gaining insights from seasoned experts in healthcare and tech sectors to ensure our product's continued relevance and competitive edge. less
$25,000
Kennebunk Counseling Llc · Kennebunk, ME · 2023
Balanced Card Sorts offers simple, upstream solutions that help student and employees clarify, vocalize, and take meaningful action toward their wellness, career, and work-life balance goals, while offering their instit… read allBalanced Card Sorts offers simple, upstream solutions that help student and employees clarify, vocalize, and take meaningful action toward their wellness, career, and work-life balance goals, while offering their institution timely data insights to inform programs and interventions. We are seeking a Range 1 grant award. less
$25,000
New England Karting Challenge · Vassalboro, ME · 2023
The innovation for which we wish to seek Range I Grant funding is a fully electric powertrain for competition go-karts. Through customer discovery, we have learned that prospective racers are not starting their Motorspo… read allThe innovation for which we wish to seek Range I Grant funding is a fully electric powertrain for competition go-karts. Through customer discovery, we have learned that prospective racers are not starting their Motorsports journeys in go-kart racing because they are apprehensive about maintaining a competition gasoline engine, which can be temperamental at best. Developing an electric, zero-maintenance, zero-emissions kart powertrain will help newcomers enter the sport and will serve as an economic engine to the numerous businesses that directly or indirectly support racing activities throughout Maine and New England. 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
$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
Saltwater Classroom · Camden, ME · 2023
To further our goal of creating a global network of learners with lifelong commitment to ocean stewardship, we are designing an online ocean education platform that will connect students to their communities and the nat… read allTo further our goal of creating a global network of learners with lifelong commitment to ocean stewardship, we are designing an online ocean education platform that will connect students to their communities and the natural world through hands-on learning experiences. The accessible nature of our app will reduce financial and geographic barriers to ocean literacy, creating a more diverse network of ocean-focused learners and problem solvers. We are seeking funding to support the creation of our immersive and innovative ocean education app. less
$25,000
Selkie · Portland, ME · 2023
At Selkie, we seek to revolutionize the relationship between consumers and brands. We will establish a seamless bridge that: - Empowers individuals to control and monetize their digital data - Enables brands to build di… read allAt Selkie, we seek to revolutionize the relationship between consumers and brands. We will establish a seamless bridge that: - Empowers individuals to control and monetize their digital data - Enables brands to build direct relationships with consumers and deliver personalized experiences based on consent-based data less
$15,933
Netgreen Capital Llc · Presque Isle, ME · 2023
NetGreen Capital LLC operates netgreen.com which is a crowdfunding platform. Netgreen.com helps find investors (both retail and accredited) for farms that utilize sustainable and regenerative agriculture. NetGreen Capit… read allNetGreen Capital LLC operates netgreen.com which is a crowdfunding platform. Netgreen.com helps find investors (both retail and accredited) for farms that utilize sustainable and regenerative agriculture. NetGreen Capital LLC is seeking funding to successfully operate and fund its first 2 investor campaigns for REINE Corporation. less
$14,460
Maine Shellfish Technologies Llc · Scarborough, ME · 2023
We are developing a new version of a lobster meat extractor for lobster processors. This new process is utilizing existing technologies we have developed that will greatly simplify the current process and cut $500K from… read allWe are developing a new version of a lobster meat extractor for lobster processors. This new process is utilizing existing technologies we have developed that will greatly simplify the current process and cut $500K from the cost of the machine making it easier to market and sell. To do this we will be eliminating the vision guided lasers that cut the shell. We will be replacing this technology with parallel gripping cutters that will cut the shell when they enter the meat extractor. The consulting project we are seeking assistance with is re programing the vision guided robot front end of the machine to de-clump and orient product entering the meat extractor. In addition, the meat extractor itself will require reprograming to operate the parallel grippers, new waste shell reject system, and breaker bar. less
$10,000
Waved Medical Llc · Orono, ME · 2023
WAVED Medical is developing an image-based risk assessment product for mammography to identify women whose breast tissue composition puts them at higher risk for developing invasive cancer. More high-risk patients can b… read allWAVED Medical is developing an image-based risk assessment product for mammography to identify women whose breast tissue composition puts them at higher risk for developing invasive cancer. More high-risk patients can be identified in a screening setting, generating more preventive care. We are seeking to submit an NIH STTR Phase II to NCI in Sept. 2024. less
$8,595
Goodfocus Llc · Freeport, ME · 2023
I am seeking someone with extensive leadership experience in the SaaS market, particularly with products relating to HR, to be a fractional co-CEO. The core goals are to create short and medium term strategic plans to i… read allI am seeking someone with extensive leadership experience in the SaaS market, particularly with products relating to HR, to be a fractional co-CEO. The core goals are to create short and medium term strategic plans to improve our product/market fit, to identify untapped markets and to prepare for further rounds of funding - loans, investment, grants. less
$6,675
Health Economy Llc · Yarmouth, ME · 2023
The funding I am seeking is for a public relations professional to oversee publicizing the results of our research on the program's impact on people's attitudes toward poverty. We have conducted this research and are cu… read allThe funding I am seeking is for a public relations professional to oversee publicizing the results of our research on the program's impact on people's attitudes toward poverty. We have conducted this research and are currently analyzing the data. less
$6,600
Hey Freya Co · Portland, ME · 2023
The project we wish to pursue through MERC pertains to our overall brand positioning and go-to-market strategy, specifically efforts to accelerate and improve our customer acquisition and retention. We are seeking assis… read allThe project we wish to pursue through MERC pertains to our overall brand positioning and go-to-market strategy, specifically efforts to accelerate and improve our customer acquisition and retention. We are seeking assistance with content development, ongoing customer engagement, and partnership collaborations through MERC. MERC's funds will support digital content creation, customer service, and partnership identification. These funds will also support cross-promotion efforts on social media, beginning with Instagram and Facebook, the two most prominently used platforms for our target demographic (women ages 25 to 45). less
$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
$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
$133,333
Blushift Aerospace · Brunswick, ME · 2022
We are seeking funds to help maintain the current payroll, compensate for past and future additional teamshortages due to Covid, extreme delays by suppliers that caused bluShift to burn through cash in maintainingpayrol… read allWe are seeking funds to help maintain the current payroll, compensate for past and future additional teamshortages due to Covid, extreme delays by suppliers that caused bluShift to burn through cash in maintainingpayroll while awaiting critical components.We also need to increase our employees' pay to help retain our current employees in the current hot hiringmarket. Our employees are experiencing significant financial pressures due to inflation thats been sparked bythe epidemic. 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
$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
$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
$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
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
$18,000
Mount Desert 365 · Northeast Harbor, ME · 2022
The Hub is a response to Maines Economic Development Strategys (MEDS) call for hubs of excellence with conditions present for strong economic growth. The region from lower Penobscot County to the coastal areas of Hancoc… read allThe Hub is a response to Maines Economic Development Strategys (MEDS) call for hubs of excellence with conditions present for strong economic growth. The region from lower Penobscot County to the coastal areas of Hancock and Washington Counties includes assets, infrastructure, and activities already in place that define the Hub, including health, education, transportation, and cultural services. The focus on life sciences and technology encompasses enterprises representing all of MTIs targeted technology sectors. Our goal is to put this region on the map for life sciences and technology and to help companies within the region accelerate their growth through new connections and to attract outside investment and talent. The Hub seeks funding for professional services to create a marketing strategy, branding kit, and website as the tools leading to networking, collaboration, and deliberate brokering opportunities in the region, plus promotion outside Maine to recruit new talent, innova less
$17,967
Maine Float Llc · Winthrop, ME · 2022
Float business seeks funding for supply chain woes
$16,800
Ethiopaycenter Llc · S Portland, ME · 2022
Our platform, EthioPay, is a peer-to-peer digital platform that empowers individuals to make secure and easy fund transfers. We are focused on providing investing opportunities for underserved communities in America. We… read allOur platform, EthioPay, is a peer-to-peer digital platform that empowers individuals to make secure and easy fund transfers. We are focused on providing investing opportunities for underserved communities in America. We are seeking funding and business advice to help us expand our reach and make a greater impact. less
$15,000
Gypsy and the Gentleman Llc · Augusta, ME · 2022
G&G is in development of a modular camping system that nests into standard SUV and passenger vehicles. Making access to weekend trips or weeks-long travel simplified and accessible to those who aren't looking for a full… read allG&G is in development of a modular camping system that nests into standard SUV and passenger vehicles. Making access to weekend trips or weeks-long travel simplified and accessible to those who aren't looking for a full tow-behind camper or off-road/"over-landing" style vehicle. We are seeking funding to continue development of our prototype build and continue our market discovery, brand identity development and to gain feedback from our target market. less
$11,580
Status Grow Learning Llc · Portland, ME · 2022
Status Grow Learning recently created an innovative team goal-tracking tool, the Small Wins Dashboard, for schools and districts. The Dashboard makes it easier for school leaders & their teams to track, share and celebr… read allStatus Grow Learning recently created an innovative team goal-tracking tool, the Small Wins Dashboard, for schools and districts. The Dashboard makes it easier for school leaders & their teams to track, share and celebrate small wins, while journey toward their big goals. The test of the no-code prototype in spring 2022 was highly successful and has already yielded the first paying customer for the 2022-2023 school year. Status Grow Learning seeks funding to develop the automated, web-based application during summer 2022. less
$7,500
Real Time Reality · Bangor, ME · 2022
Hired an Innovate for Maine intern- Acquired further 5-person app development team through UMaine Capstone program- Got additional mentors from U Maine- Slight pivot to focus on B2B contracting- Found that their technol… read allHired an Innovate for Maine intern- Acquired further 5-person app development team through UMaine Capstone program- Got additional mentors from U Maine- Slight pivot to focus on B2B contracting- Found that their technology offers a 10x cost and time savings for the Film and TV industry by providing an easy completely digital and automated process for filming high concept projects. - Letters of Intent have been acquired from 2 Hollywood studios to produce content for upcoming projects of theirs and have begun putting together a pilot program for which we are seeking funding.- App team was able to create a working porototype of technology less

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.