Business Innovation Funding
Funds Maine technology businesses with grants, loans, or equity ranging from ten to two hundred fifty thousand dollars.
Business Innovation Funding (BIF) is the Maine Technology Institute's (MTI) primary rolling grant program for Maine-based technology businesses engaged in research, development, and commercialization. MTI is a publicly funded nonprofit created by the Maine Legislature to accelerate innovation and technology-based economic development across the state. BIF consolidates MTI's earlier tiered programs…
Grants, loans, or equity of $10,000–$250,000 for Maine-based technology businesses engaged in R&D and commercialization across MTI's seven target sectors, requiring a minimum 1:1 private or federal match.
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Guides for this application
All guides →Grants for Biotech Startups: NIH, NSF, SBIR/STTR, and Non-Dilutive Funding
A practical guide to grants for biotech startups, including NIH SBIR/STTR, NSF, translational funding, evidence, regulatory readiness, and budgets.
BudgetGrant Financials and Co-Funding Evidence: Examples for Startup Applications
See examples of grant financials, match funding evidence, co-funding tables, accountant letters, investor commitments, and budget-to-work-plan checks.
DocumentsGrant Work Plan Template: Work Packages, Gantt, Milestones, and Risks
Use this grant work plan template to structure work packages, tasks, owners, deliverables, Gantt timing, dependencies, and risk registers.
BudgetGrant Budget Justification: How to Write the Budget Narrative
Learn how to write a grant budget justification, explain R&D costs, avoid weak budget narratives, and connect each cost to your work plan.
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