Maine Technology Institute

What they fund

recoveryforestrymainedevelopmentwillpandemictechnology

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.

12 grants matching “user” · $504,000

• $50,000

  Pragmaclin Research US · Portland, ME · 2023

  PragmaClin has developed PRIMS, a digital tool for assessing, analyzing and rating Parkinson's disease progression. PRIMS uses depth cameras to capture movement data and surveys to capture patient-reported data. All dat… read allPragmaClin has developed PRIMS, a digital tool for assessing, analyzing and rating Parkinson's disease progression. PRIMS uses depth cameras to capture movement data and surveys to capture patient-reported data. All data is analyzed and scored using machine learning software. We need to gather user and payer feedback on the potential uptake of PRIMS in the market, determine what reimbursement codes the system will fall under, and develop a reimbursement strategy for the US market. We will hire a consultant to deliver these services. We will also travel to Indianapolis to attend a health conference to demo the solution, present PRIMS to users and payers, and enter a pitch competition. less
• $50,000

  Deepcharge · Biddeford, ME · 2023

  DeepCharge is a pioneering technology startup that has developed innovative wireless charging solutions. Our breakthrough technology combines wireless power transmission with advanced AI capabilities, enabling intellige… read allDeepCharge is a pioneering technology startup that has developed innovative wireless charging solutions. Our breakthrough technology combines wireless power transmission with advanced AI capabilities, enabling intelligent charging and efficient energy management. By leveraging AI algorithms, our wireless charging systems optimize power delivery, adapt to user preferences, and provide real-time monitoring and diagnostics. We are seeking funding from MTI to support the manufacturing of our cutting-edge wireless charging products in Maine, while fostering innovation and creating high-tech job opportunities within the state. With MTI's support, we aim to accelerate the adoption of AI-driven wireless charging technology, revolutionizing how devices are powered and enhancing the user experience. less
• $50,000

  Jrkt · Old Orchard Beach, ME · 2023

  We sell a personalized, a.i. powered career advisor to companies of around 100 employees and more. The problem they have is a lack of scalable solutions to solve employee engagement and retention issues, and we are addr… read allWe sell a personalized, a.i. powered career advisor to companies of around 100 employees and more. The problem they have is a lack of scalable solutions to solve employee engagement and retention issues, and we are addressing that with breakthroughs in artificial intelligence and automation. Our solution is different from current alternatives because it leverages large language models to make for a superior end 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
• $25,000

  Wavewise Llc · Yarmouth, ME · 2023

  We are developing a ocean farming technology that creates a dynamic system for seaweed farms. Our technology would expand locations available to farmers because it protects farms from storms. This device improves nutrie… read allWe are developing a ocean farming technology that creates a dynamic system for seaweed farms. Our technology would expand locations available to farmers because it protects farms from storms. This device improves nutrient access and decreases UV damage on plants make it grow faster and at a higher premium. We are also developing a software integration that is a user-friendly application designed to streamline farmers' interactions with the system, a secure database server for data management and machine learning and growth sensors to facilitate ocean monitoring and tracking of marine growth. 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
• $15,000

  Sledtrx Llc · Winslow, ME · 2023

  We are looking for individuals with expertise in software development, mobile app development, and database management. By collaborating with talented developers, we aim to improve the functionality, user experience, an… read allWe are looking for individuals with expertise in software development, mobile app development, and database management. By collaborating with talented developers, we aim to improve the functionality, user experience, and scalability of our platform. If you are passionate about snowmobiling and interested in joining a dynamic team, we welcome your assistance in helping us take SledTRX to the next level. less
• $150,000

  Accelera · Biddeford, ME · 2022

  A spectrum of random frequencies technology is the basis of the SR-100 wearable device. It delivers gentle, random vibrations to muscles to improve the wearers ability to control their movements. The SR-100, a signal is… read allA spectrum of random frequencies technology is the basis of the SR-100 wearable device. It delivers gentle, random vibrations to muscles to improve the wearers ability to control their movements. The SR-100, a signal is applied in the form of gentle mechanical stimuli (i.e., vibrations), which aids the body's proprioceptive and sensorimotor system due to the electrical nature of the information transfer in sensory neurons. Low-level electrical noise signals can cause small changes in receptor transmembrane potentials. Transmembrane potentials are vital for sending messages to and from the central nervous systems. This makes neurons more likely to fire an action potential in the presence of a weak signal, thus enabling the intended limb movement or action of the user. You can think of this as a step stool or pedestal to help you reach things on an upper shelf. The stimulation simply assists with the natural neurological function. less
• $30,000

  The Humane Space · Rockland, ME · 2022

  The Humane Space is a lifestyle company that connects adults to curiosity, wonder, and awe, through a unique combination of education and wellness. Through various experiences, we encourage users to find their truest se… read allThe Humane Space is a lifestyle company that connects adults to curiosity, wonder, and awe, through a unique combination of education and wellness. Through various experiences, we encourage users to find their truest selves through a lifelong journey to knowledge. We do this in 3 ways: an app that promotes a daily practice of introspection, B2B internal communication channels (in Slack/Teams) that prompt creativity and community, and Humane Experiencesoff-app activities like walking tours (at hospitality properties) that bring the experience of wonder to life. less
• $25,000

  Gametiks Llc · Belfast, ME · 2022

  GameTiks is (currently) a social media platform running on web and iOS that enables outdoor enthusiasts to connect and share experiences. Born from a simple logging, tallying and journaling system for hunters; the platf… read allGameTiks is (currently) a social media platform running on web and iOS that enables outdoor enthusiasts to connect and share experiences. Born from a simple logging, tallying and journaling system for hunters; the platform has since grown in scope, integrating several novel design innovations, and receiving high praise from users across the United States and around the world. The company is currently focused on monetization and user growth through a booking service MVP. In order to implement this service, we're raising funds to help with marketing, and put us on track for seed-stage funding rounds. We believe that with continued support from MTI, GameTiks, Inc. will become a global player in the outdoor recreation industry, providing quality high-paying jobs within Maine. less
• $14,000

  Pair Technologies Llc · Waterville, ME · 2022

  We at Pair Technologies have designed a new type of tablet mount that enables users to get more productivity and comfort out of their tablet usage experience, at an affordable price. Our innovative form factor is revolu… read allWe at Pair Technologies have designed a new type of tablet mount that enables users to get more productivity and comfort out of their tablet usage experience, at an affordable price. Our innovative form factor is revolutionary offering great highest screen height and most viewing angles, as well as a detachable keyboard that allows for a less cramped typing experience. less
• $25,000

  Solve Finance Corp · Portland, ME · 2021

  Debt Optimizer which combines your financial goals and consumer credit data and matches users with personalized strategies based on real-time market opportunities.

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

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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