Maine Technology Institute Business Innovation Funding (BIF) Grants
Maine Technology Institute (MTI) · State innovation grant
$100KGrants typically $10,000–$30,000 for first-time applicants; cumulative grant funding up to $100,000 per company
Maine's state technology fund awards grants to Maine-led companies developing, commercialising and scaling technical innovations in seven technology sectors.
Key terms
- Company leadership must be based in Maine
- Innovation must fall in one of MTI's seven sectors (e.g. IT, biotech, advanced materials, environmental tech, marine/aquaculture, precision manufacturing)
- Minimum 1:1 matching funds required (mostly cash; some in-kind allowed at lower tiers)
- Funding tiers are based on cumulative grant funding: up to $30K early stage, $30K–$60K growth, $60K–$100K approaching commercialisation
- Review typically takes around two months
Eligibility
- Where
- United States
- Stages
- pre-seed, seed, series-a
- Needs VC/accelerator backing
- No
- Needs partner referral code
- No
- Must be incorporated
- Yes
- AI focus required
- No
- Students / researchers
- Not eligible
- Nonprofits
- Not eligible
Also required
- Maine-based leadership
- MTI technology sectors only
- 1:1 match required
How to apply
Take MTI's self-assessment, submit the online interest form, meet an MTI team member, then apply with the materials they provide.
- Benefit
- cash
- Equity-free
- Yes
- Decision time
- About 2 months
- Credit validity
- —
- Deadline
- Rolling
- Status
- Open
Verified 2026-10-30 · source
More: Government grants for startups · Startup programs in the United States