MTI Funding Options

This is a free workshop sponsored by SCORE. Pre-registration is required.

No more deadlines, no silos, and no rigid program boundaries. The Maine Technology Institute (MTI) has simplified its funding approach into a process tailored to applicant needs, thereby maximizing its economic impact in the state. Discover the flexibility of MTI’s new funding approach as Shane Beckim, Investment Officer at MTI, explains the process.

MTI offers grants, loans, equity investments, and services to support Maine’s innovation economy. We support new ideas, products, or methods with the potential to grow and diversify Maine’s economy and increase the number of quality jobs throughout the state through direct support of innovators and through support of programs and infrastructure that encourage innovation. Since 1999, MTI has invested $260 million in over 2,000 projects across Maine. That funding has leveraged over $1 billion in private sector matching funds. In the past fiscal year alone, MTI deployed $58 million in over 150 projects statewide.

Your Presenter

Shane Beckim

As an Investment Officer, Shane works with entrepreneurs and innovators throughout the investment process and oversees MTI’s investment programs. Shane has been with MTI since 2004 in various capacities. His focus is to work with potential applicants who are in search of funding to help add valuable resources needed to conduct market research, develop business plans, and to conduct early stage research and development of new and innovative technologies.

Shane has assisted hundreds of entrepreneurs and companies in various stages of development to formulate strategies and concentrate on efforts that both fit the need of the company and fit to the programs that MTI offers. You can see him around the state participating in MTI and partner sponsored workshops to help connect Maine’s growing entrepreneurial community to the resources and funding they need to succeed and grow.