Maine Technology Institute: Funding Available for Entrepreneurs

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Gardiner, Maine -- The Maine Technology
Institute
(MTI), which provides seed grants for product development,
commercialization or business planning, is presenting workshops on December 1
and 2 in Orono and Westbrook. Program specialists will take attendees through
the application writing process to obtain investments up to $500,000. Attendees
will receive tips that help them make their applications "clear, focused,
complete and compelling."
http://www.mainetechnology.org/assets/Workshop_Press_Release.pdf


 


December 2, 2009
Time: Noon to 3:00 pm
Location: TechMaine, 506 Main Street, Westbrook
Directions: www.techmaine.com/directions
Cost: No fee to attend. MTI will provide lunch.




 
To register please contact Linda Adams, Program Assistant at
ladams@mainetechnology.org or 207-582-4790 x206.


Reservations are strongly encouraged to help MTI assure adequate space and seating. Walk-ins are welcome, space permitting.


MTI Seed Grants of up to $12,500 are offered on a competitive basis six times


per year to support early activities for product development, commercialization or business planning. The awards require a 1:1 match of funds, staff time, equipment or other resources. A company can be awarded up to a total of $25,000 in Seed Grants for a specific technology.

 


MTI Development Awards of up to $500,000 are offered three times a year on a competitive basis to support early activities for product development,
commercialization, technology transfer and business planning and
development. Each award requires a 1:1 dollar match consisting of actual cash, salaries, staff time or equipment and in-kind contributions directly attributable to the proposed project. The application deadline for the next round of awards is February 9, 2010.

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