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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