MTI workshop for entrepreneurs

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GARDINER — The Maine Technology Institute invites all entrepreneurs to free workshops to learn how to apply for funding to support business planning, market research, intellectual property filing, prototype development or later-stage research and development.

The MTI seed grant and development award workshops are scheduled for March 31 and April 1 in Gardiner and Portland for entrepreneurs looking to fund their market research, intellectual property filing, prototype development or later-stage research and development activities. At each workshop, MTI program specialists will take participants through the application writing process to learn what is required to successfully assemble competitive Seed Grant and Development Award applications.

The first workshop will be offered March 31 from 5 to 7 p.m. at the Maine Technology Institute in Gardiner. Directions are available online: http://www.mainetechnology.org/content/310/Directions/

The second workshop will be April 1 from 9 to 11 a.m. at the Abromson Center, University of Southern Maine, Portland. For directions online, go to: http://usm.maine.edu/conferences/abromson/directions.html. MTI will provide refreshments at both workshops.

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To register, contact Linda Adams, program assistant, at:
ladams@mainetechnology.org, or 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 one-to-one match of funds, staff time, equipment or other resources. A company may be awarded up to a total of $25,000 in seed grants for a specific technology. The next seed grant application deadline is April 15.

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 one-to-one dollar match consisting of actual cash, salaries, staff time or equipment and in-kind contributions directly attributable to the proposed project. The next development award application deadline is June 7.

The Maine Technology Institute is a state-funded nonprofit corporation that offers early-stage capital and commercialization assistance for the research and development of innovative technology-based projects that create new products, processes and services, generating high-quality jobs across Maine.

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