Maine Technology Institute - Innovation Funding
Maine Technology Institute - Innovation Funding
Maine Technology Institute
ABOUT THE GRANT
The MTI Innovation Funding program fuels groundbreaking ideas with grants, loans, and equity investments. Our seasoned team backs scalable businesses that drive Maine’s growth and diversify our industries. Funding amounts range from $10,000 to $250,000 depending on eligibility.
This program helps cover initial research, prototype development, and commercialization expenses. MTI prioritizes awarding funds to companies in the following sectors: biotechnology, aquaculture & marine technology, composite materials, environmental technologies, advanced forestry/agriculture technologies, manufacturing, and information technology.
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NOTES
Note: this is a flexible funding program which does not have rigid application and award criteria. This can be a benefit to your business, but there is potential that awards may come in the form of loans or equity investments, rather than grants.
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Other Grants
MD Purple Line Grants
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Baltimore Grant for Revitalizing Office Workspaces
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The Grant for Revitalizing Office Workspaces (GROW) provides Baltimore County businesses signing their first commercial lease in the county with a one-time grant of $8 per square foot, up to a maximum of $80,000, to help offset initial leasing expenses. Administered by Baltimore County's Department of Economic and Workforce Development, the program is designed to encourage businesses to occupy and revitalize office workspaces across the county. To be eligible, businesses must execute a direct lease with a landlord for a minimum 36-month term on at least 500 square feet of Class A or Class B office space (Class A and Class B Flex space is also considered for businesses with a demonstrated need for laboratory space). Applicants must apply within 180 days of lease execution, have a minimum personal credit score of 625, and have signed their lease after February 14, 2025. Retail, restaurant, independent financial, and insurance agent or broker establishments are not eligible for this program. Awards are issued on a first-come, first-served basis subject to available funding approved by the County Executive and Baltimore County Council.
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Virginia Venture Partners Grants
Virginia Innovation Partnership Corporation
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RI Food Export Program
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