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ME

Maine Technology Asset Fund (MTAF) 3.0

The MTAF 3.0 program deploys $25 million in state bond funding to support research, development, and commercialization for Maine tech and innovation businesses. For-profits receive interest-free loans with partial forgiveness potential; nonprofits receive grants.

About this program

Visit the program website for full details.

Eligibility

For-profit Maine companies receive interest-free loans with potential partial forgiveness. Nonprofit organizations are eligible for grant awards with no repayment required. Focuses on high-growth innovation sectors.

Requirements

  • Business must be located in Maine
  • Project must involve research, development, or commercialization
  • Apply through Maine Technology Institute