The Maine Technology Institute (MTI) today announced the fourth round of available funding from the Maine Technology Asset Fund (MTAF). MTAF is a competitive award program funded by Maine State bond proceeds approved by voters in 2007 and 2010.

Awards must be used to fund capital and related expenditures supporting research, development and commercialization projects that will lead to significant economic benefits for the State of Maine.

This round of MTAF funding will follow a similar competitive process used for the earlier rounds. The full process for applying, eligibility requirements, the criteria for evaluating the applications, and the process timeline can be found in the Request for Application posted on the MTI website.

MTI will conduct two workshops for potential applicants. These have been scheduled for December 1st in Portland and Dec. 4 in Bangor. Specific times and locations for the workshops will be posted on MTI’s website. Questions about MTAF should be directed to Martha Bentley, MTAF Program Manager.

Questions about MTI should be directed to Scott Burnett, Director of Marketing & Analytics.

For more information about MTI funding programs including eligibility requirements and MTI business resources, please visit www.mainetechnology.org.

For more information about MTAF, please visit www.mainetechnology.org/fund/maine-technology-asset-fund.