2026-05-13T14:38:57-05:00 2025-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-07-01 010529871 Maine Technology Institute MAIN 2075824790 16 Middle St 201 Portland ME 041015163 Brian Whitney President 2075824790 2026-05-08 1 1 Joseph R Byrne P01289281 2077752387 2026-05-08 2024 2025-03-06 01:10:19Z Brian Whitney 16 Middle St 201 Portland ME 041015163 30490647 0 X www.mainetechnology.org X 1999 ME Provides funding to subrecipients in the State of Maine. 12 12 13 120 0 0 20727064 28877346 1069425 876429 696274 736872 0 0 22492763 30490647 17767306 22384003 0 0 1336576 1432186 0 0 0 2880426 6131272 21984308 29947461 508455 543186 29202613 22477274 26130696 18862171 3071917 3615103 X The Institute, through a public and private partnership, shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in Maine's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people. The Institute is one element of Maine's economic development strategy and will contribute to the long-term development of a statewide research, development and product deployment infrastructure. 0 0 28614493 22384003 876429 The Maine Technology Institute (MTI) invests in promising technologies by funding research and development projects in the state's seven technology sectors. MTI's competitive awards bring new products, services and processes to the market, generating high-quality jobs across Maine. Businesses, non-profit organizations, academic institutions and entrepreneurs are eligible for funding under MTI's program, which is outlined below:Initial contact is made when those interested complete an online intake form. Meetings are established with entities proposing projects. Using an assessment tool, the potential applicant and the Institute review eight different areas including: Team Ability, Innovation and Value Proposition, Customer and Market, Business/Organization Model, and Scope of Work/Budget. At this point the process may continue with the Institute or may be referred to a business partner. If the determination is to apply for support, the appropriate level of funding request will be determined, and the application will be submitted. The funding level will also determine the level of due diligence needed with the application. Funding levels may also help to determine the nature of the award. The Institute awards grants, loans and equity investments. Successful applicants who receive funds are also required to submit reporting on their projects for five years post award.Four funding levels are used in the application process, as follows:Range One Awards less than $25,000Range Two Awards between $25,000 and $100,000Range Three Awards between $100,000 and $250,000Range Four Awards over $250,000 28614493 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 25 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Brian Whitney 2075824790 16 Middle St 201 Portland ME 041015163 Melissa LaCasse Chairperson 2.00 0.00 X X 0 0 0 Amberlynn Esperanza Treasurer 2.00 0.00 X X 0 0 0 Jake Ward Vice Chairperson 2.00 0.00 X X 0 0 0 Jed Beach Director 2.00 0.00 X 0 0 0 Michael Cassata Director 2.00 0.00 X 0 0 0 Elizabeth Love Director 2.00 0.00 X 0 0 0 Charlotte Mace Director 2.00 0.00 X 0 0 0 Colin March Director 2.00 0.00 X 0 0 0 Meredith Mendelson Director 2.00 0.00 X 0 0 0 Rob Pierson Director 2.00 0.00 X 0 0 0 Ian Swanberg Director 2.00 0.00 X 0 0 0 Susan Tapley Director 2.00 0.00 X 0 0 0 Dan Belyea Past Director 2.00 0.00 X 0 0 0 Heather Johnson Past Director 2.00 0.00 X 0 0 0 Brian Whitney President 40.00 0.00 X 0 139651 56545 Gregory N Lee Director of Finance & Administration 40.00 0.00 X 119389 0 21600 119389 139651 78145 1 0 1 0 Visible Logic 27 Rackleff St Portland ME 04103 Marketing/Website Management 108925 1 28877346 28877346 Royalty Income 900099 546626 546626 Interest on Loans 900099 329803 329803 876429 736872 736872 30490647 876429 0 736872 22384003 22384003 140989 28198 112791 970573 848092 122481 35648 35648 205612 170320 35292 79364 63491 15873 243681 139995 103686 63991 63991 58658 29329 29329 269141 121113 148028 1220486 793316 427170 16327 16327 67703 27081 40622 61292 61292 31792 31792 1061 1061 6236 6236 99515 99515 23587 23587 Miscellaneous 3728242 3551225 177017 Program Review 239560 191648 47912 29947461 28614493 1332968 0 X 300 300 16695064 10071618 50794 161207 7524604 6040869 169872 202201 209957 141027 21004 68930 4557443 5848040 183532 84109 29202613 22477274 219149 585035 25722429 18180462 189118 96674 26130696 18862171 X 3071917 3615103 3071917 3615103 29202613 22477274 543186 0 X 0 1 X 1 1 1 X 9813047 14371752 34470111 20727064 28877346 108259320 9813047 14371752 34470111 20727064 28877346 108259320 108259320 378252 25565 392679 696274 736872 2229642 110488962 4118287 0.97980 0.98230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28278 15032 13246 181679 125995 55684 68930 5848040 F 5848040 Subscription Based Lease Obligation 96674 96674 1 Active Intelligence LLC 12 Moran Drive Rockland ME 04841 850863320 100000 0 Drones Advancing Maine Agriculture. Add Salt AI Corporation 97 Swans Road Raymond ME 04071 992351267 25000 0 AddSalt AI. Alivo Inc 82 Harriet Street South Portland ME 04106 931927310 75000 0 Grant award for hybrid grant/loan request: Accelerating Alivo's Growth Through Strategic Investment in Customer Acquisition. All Inclusive Inc PO Box 9715-190 Portland ME 04101 010534749 20000 0 Community Marketing Expansion: WJZP 107.9FM. ALM Ortho Inc 68 Mussey Rd Scarborough ME 04074 852379397 20000 0 Regulatory Compliance and ISO 13485 Quality Initiatives, American Unagi LLC PO Box 253 Waldoboro ME 04572 472865308 20000 0 Consulting services for Series B. Apogee Medical Inc 282 South Street Blue Hill ME 04614 923609551 50000 0 Apogee Medical Inc. Apple Creek Farm LLC 538 Millay Rd Bowdoinham ME 04008 465645921 30264 0 Innovative Equipment to Create Efficiencies and Support Expansion. Apriqot Inc 1 Woodspell Road Scarborough ME 04074 923612967 50000 0 Apriqot: Improving the Health of Communities by Bringing Data to Life. Ateklo Inc 22 Pond St Orono ME 04473 932698313 25000 0 Ateklo Founder Discovery Weekend. Bijou Corp 29 Knowlton St Camden ME 04843 853956948 56300 0 Bijou Build Market Expansion Initiative: U.S. Growth & Entry into Australia and UK.; Public Relations consultants. Biofine Developments Northeast Inc 14-16 York St Portland ME 04101 833204250 150000 0 Lincoln Biorefinery Financing Package Development. Bioscience Association of Maine PO Box 3362 Portland ME 04101 010500056 25000 0 BioME Annual Sponsorship 2025; Maine Pavilion at the BIO International Convention 2025. Black Owned Maine 411 Congress St Portland ME 04101 852147883 66770 0 Black Business Visibility and Marketing Support; Technology Adoption and Innovation in the Black Entrepreneurial Ecosystem. Black Travel Maine 91 Auburn Street Suite J PMB 1079 Portland ME 04103 922504660 10000 0 2nd Annual Highlights of Maine Tour; 2nd Annual MLK Ski Weekend Trip. Bluesonde Technologies 100 Fore Street Portland ME 04101 993950637 106500 0 Marketing assistance to establish brand identity and customer facing content for bluesonde technologies.; Market Research and Minimum Viable Product (MVP).; Minimum Viable Product (MVP) Development and Build.; Monitoring Buoy Fleet Development. bluShift Aerospace Inc 2 Pegasus St Ste 2 Brunswick ME 04011 472049924 160000 0 Commercial Launch Licensing; bluShift Aerospace Fractional CFO and Financial Model Forecasting Independent Contractor. Bonsie Skin to Skin Babywear 71 Brackett Rd Brunswick ME 04011 843808778 5040 0 Guided Makers. Boundless Diagnostics Inc 22 Parkway South 3455 Brewer ME 04412 990584160 50000 0 Boundless Diagnostic Advances In Veterinary Care. Brems Barrels LLC 667 Congress St Apt 719 Portland ME 04101 601333471 25000 0 DoorDash Self-Delivery Integration Business Continuity Management Professionals LLC 42 Schoolhouse Point Road Jonesboro ME 04648 451975013 25000 0 CMMC Level 2 - NIST 800-171 Cloud Application Development Project. Business Evergreens LLC 499 A Ocean Street South Portland ME 04106 412670782 10000 0 Business Evergreens. Carbon Craft Technologies LLC 12 Old Powerhouse Rd Falmouth ME 04105 333953886 11000 0 Carbon Craft Technologys. Carver Shellfish 125 Black Duck Cove Road Beals ME 04611 043378076 97500 0 Shellfish Wet Storage & Mussel Processing Equipment. CellField Technologies Inc 201 US Route 1 ste 116 Scarborough ME 04074 331424117 25000 0 A Better Alternative for Drug Screening. Central Maine Growth Council 148 Middle Street Suite 148 Portland ME 04101 010546258 105000 0 Dirigo Labs: Fostering Innovation & Collaboratively Supporting Maine-based Entrepreneurs; The Better Maine Conference. ClaimData Software 669 Gardiner Road Wales ME 04280 922382564 35000 0 ClaimData Version 2: Enhancements & New Features. Climate Advisory LLC 1 Farewell Ave Unit 864 Cumberland ME 04021 004829410 25000 0 Democratizing access to climate data and solutions through a freemium-based SaaS offering. Coastal Enterprises Inc 30 Federal Street Suite 100 Brunswick ME 04011 010347504 501(c)(3) 65000 0 CEI Women's Business Center Propeller III and Automate IT. Codeweaving Inc 64 Beech Ridge Road Dresden ME 04342 260289299 33220 0 Market and Scale SlicPix's Interactivity Studio; Market/Scale SlicPix. Cold Current Kelp LLC 37 Maine 236 Ste 205 Kittery ME 03904 874605580 25000 0 Business Plan Consultant to Grow Cold Current Kelp; Business, Marketing, and Operations Consulting to Grow Cold Current Kelp. Connective Health Strategies LLC 63 Federal Street Portland ME 04101 861310307 100000 0 Connective C-Suite Platform. CourseStorm Inc 148 Main St Orono ME 04473 452765501 67000 0 Multi-channel sales increase. DeepCharge Inc 11 Folsom Dr Biddeford ME 04005 824651614 50000 0 Charging Forward: Pioneering Sustainable Energy Tech in Maine with MTI. Deer Isle Oyster Company 396 Airport Road Stonington ME 04681 991005017 50000 0 Plastic-Free Farming: Designing Sustainable Solutions for Aquaculture. DeFco Group LLC 7 Pleasant Street Suite 2 Portland ME 04101 003567013 85000 0 Maine's Cloud Services. Defendify Inc 5 Moulton Street 5th Floor Portland ME 04101 821312017 150000 0 24/7 Global Cybersecurity Operations Center in Maine. Design Crochet 32 Sherman Street Portland ME 04101 992945912 25000 0 Expansion and Maintenance of Design Crochet's Flagship Product. Dirigo Sea Farm Inc 38 Frederick Drive Freeport ME 04032 991241908 75000 0 Biodegradable Laundry Pods crafted from Maine kelp Dirigo Sea Farm production research and customer pilot. Dooryard 89 West Street Portland ME 04102 007628179 15000 0 Dooryard business accelerator. Drip Payments Inc 118 State Street Unit R Portland ME 04101 990882940 25000 0 Drip Payments - Range 1 Application. Eagle Point Energy Center LLC 29 Industrial Way Orrington ME 04474 991460535 250000 0 Eagle Point Phase II Process Upgrade. Educate Maine 482 Congress St Suite 303 Portland ME 04101 203559947 10000 0 Girls Who Code Summer camps (to include overnight camp experiences). EME Biofuels LLC 80 River Street Woodstock VT 05091 320714801 500000 0 EME Biofuels. EmpoweRx Inc 188 Lucy Drive Mt Juliet TN 37122 823755003 21000 0 Healthcare Workforce Marketplace. EmTech Care Labs 245 Main St 2nd Floor Cambridge ME 02142 861531599 90000 0 Product Piloting and Marketing. Entrepreneurship for All Inc 175 Cabot Street Suite 310 Lowell MA 01850 471858182 100000 0 Establishing EforAll in Maine. Environmental & Energy Technology Council of Maine (E2Tech) 300 High Street Portland ME 04101 562344993 501(c)(3) 37500 0 MOU. Even Keel Inc 970 Baxter Boulevard Portland ME 04103 320708558 106000 0 Building the Even Keel Way of Selling. FarmDrop L3C 136 East Blue Hill Rd Blue Hill ME 04614 825125516 20000 0 FarmDrop Strategic Plan 2024 Finer Points LLC dba Shelby Trained PO Box 576 Cumberland ME 04021 204805269 30000 0 T3 Shelby Trained Software. Gel Hydration Technologies Inc Bangor Innovation Center 40 Johnson St Bangor ME 04401 475198032 50000 0 Palatability and beta testing of gel hydration products. GenoTyping Center of America Inc 10 Water Street Suite 215 Waterville ME 04901 461341326 150000 0 Quality Systems Improvement and Revenue Acceleration Project. Glidden Point Oysters 637 River Road Edgecomb ME 04556 010487593 5250 0 Sales Software Implementation - Activate. Godfrey Forest Arizona LLC PO Box 903 10 Atlantic Ave Ste 25 Marblehead MA 01945 004464671 490000 0 Godfrey Forest Maine OSB Mill. Grandy Organics LLC 34 Schoolhouse Rd Hiram ME 04041 010504056 250000 0 Build out management team and automate production to make Grandy Organics a more resilient business. Grantx Inc Suite 409 100 Commercial Street Portland ME 04101 991756418 75000 0 GRASP Maine: Accelerating Grant Discovery and AI Innovation; MVP Development Project. Graze LLC 48 Fox Hollow Lane Northport ME 04849 004888960 90000 0 Graze 2025 Facility and Employee Expansion Plan. Great Northern Salmon Inc 112 Penobscot Avenue Millinocket ME 04462 883632516 250000 0 Implementation of critical path initiatives to ensure construction start on schedule. Greater Portland Immigrant Welcome Center 24 Preble Street 4th Floor Portland ME 04101 822844735 129064 0 Business Foundations Bootcamp Maine Immigrant Business Accelerator. Greenlight Maine Fund Inc 39 Steeple Chase Rd North Yarmouth ME 04097 823052488 62500 0 Greenlight Maine/Greenlight Maine College Edition/Elevating Voices. Hancock Lumber Company Inc 1267 Poland Spring Road Casco ME 04015 010439755 990000 0 Bethel Value Added. Heiwa Tofu Inc 1 Woodcrest Ave Camden ME 04843 472704306 56750 0 Architectural and Engineering Support for Facility Expansion and Heiwa Tofu; Three Phase Upgrade at Heiwa Tofu. HMS Career Coaching 75 York Street Suite 2 Portland ME 04101 920971588 18000 0 Career Catalyst: The Ultimate Guide to Finding and Landing Your Dream Job. Home Grown Fuels Inc 182A Katahdin Ave Millinocket ME 04462 994815257 25000 0 Contract Manufacturing and Demand Generation. Hoot Pickleball LLC 53 Barton St Presque Isle ME 04769 993156706 25000 0 Hoot Pickleball, LLC Huga Heat LLC 15 Bodge Street South Portland ME 04106 853757345 5133 0 New Product Development/R&D. Huston and Company Wood Design 226 Log Cabin Road Arundel ME 04046 010437284 110000 0 Outreach & Upgrades. Ignite Presque Isle 436 Main Street Presque Isle ME 04769 861274227 50000 0 Ignite PI's Workforce Development Program. IN2FAB Technology LLC 6 Baysite Lane Falmouth ME 04105 811437786 49928 0 Development of Semiconductor Security Software. Intripid Inc 2 Moonshadow Lane Cape Elizabeth ME 04107 874408727 50000 0 Partner Onboarding & Management for Intripid Go-To-Market. IRON Digital Inc 95 Salem Street Portland ME 04102 880591917 100000 0 IRON App. ISAR LLC 283 Goose Rocks Rd Kennebunkport ME 04046 331509711 25000 0 Call Ball. Island Institute 386 Main Street PO Box 648 Rockland ME 04841 222786731 501(c)(3) 150000 0 Sea Change: Electric Propulsion for Maine's Working Waterfronts. Izzy Lee's 79 Pittee Creek Way Yarmouth ME 04096 862518944 11342 0 We are expanding our product line from baby accessories to kids and baby clothing. Our company brings awareness to pregnancy loss, stillbirth and infertility causes in honor of my daughter who was stillborn at 38 weeks pregnant. JGT2 Redevelopment LLC 1968 Shawnee Mission Pkwy Ste 200 Mission Woods KS 66205 933340270 16000 0 Redevelopment of Androscoggin Mill at Jay Maine. Journey Enterprises 10 Sunset Lane Portland ME 04102 005667833 30000 0 Website Upgrade. Joy Valley Furniture LLC 103 Seaborne Drive Yarmouth ME 04096 992824896 20000 0 Rebuild Website and Digital Assets. Junior Achievement of Maine 585 Congress St Suite 306 Portland ME 04101 010275159 12500 0 JA Titan JA's Maine Business Hall of Fame. Katherine Swann DBA Pen & Cob Farm 253 Leighton Point Rd Pembroke ME 04666 158827339 33125 0 Pen & Cob Branding & Marketing; Specialty Food Production Facility Build-Out. Kelson Marine Co 2 Portland Fish Pier Suite 210 Portland ME 04101 850655970 25000 0 Knotless Fishing Line Technology Development. Kind Mind 88 Depot Road Falmouth ME 04105 823366509 75433 0 Kind Mind Team and Product 2025; Kind Mind: An evidence-based emotional learning program in Maine. Kingsbury Family Farm LLC PO Box 302 Mars Hill ME 04758 454117635 108228 0 Optical Sorter software upgrades and implementation of drone sprayers ILO ground rigs. KinoTek Inc 22 Monument Square STE 201 Portland ME 04101 850886434 150000 0 Kinotek - Continued Innovation and Expansion. Knew Level Living LLC 416 Mountfort Road N Yarmouth ME 04097 334931126 25000 0 HAY - A Wholeness App. Leisure Group Tech 91 Auburn Street Suite J PMB 1079 Portland ME 04103 922975049 25000 0 Leisure Group Tech Software. LiteracyTech Inc 999 Lisbon Street Unit 1763 Lewiston ME 04241 843893881 66875 0 ReMo's Data Storytelling Project; ReMo's Read More! Initiative. Looma LLC 15 Phillips Road South Portland ME 04106 850900972 250000 0 Addition of Volume Manufacturing to Looma's Services. Lyman Morse Technologies LLC 7 Alden St Camden ME 04843 833862583 150000 0 Advanced Manufacturing and Training Center. Maine Aquaculture Innovation Center Inc 193 Clarks Cove Road Walpole ME 04573 010467869 46388 0 Northeast Conference & Expo (NACE); Maine Aquaculture Research, Development and Education Summit; Catalyzing aquaculture business and workforce development in Washington County, Maine; Farmer-to-Farmer International Knowledge Exchange Maine Workshop Maine Black Chamber of Commerce 75 Park St Lewiston ME 04240 931791323 10000 0 Maine Futures. Maine Canned Fish 46 Park Drive Topsham ME 04086 991686665 250000 0 Maine Canned Fish Startup. Maine Center for Enterprise Development 68 Commercial St Portland ME 04101 010510641 234382 0 2024 Maine Food Producers Showcase and Golden Fork Awards; FoodTech Maine; MOU. Maine Community Power Cooperative Inc 156 N Guilford Road Monson ME 04464 992493680 25000 0 Cooperative Community Solar Management Platform. Maine Crisp Company Inc 20 Lithgow Street Winsolw ME 04901 472230470 82500 0 Strengthening Maine Crisp Co. Inc. Resilience With Manufacturing Innovation. Maine Discovery Museum 74 Main Street Bangor ME 04401 010527022 7500 0 2025 Maine Science Festival. Maine Electric Boat Company LLC 109 Cleaves Street Biddeford ME 04005 861237847 250000 0 Electric Propulsion Workforce Training. Maine Fly Company LLC 81 Bridge Street Yarmouth ME 04096 833086294 7500 0 New Site wrap up & optimization. Maine Garum Company 79 Bassick Road South Thomaston ME 04858 037626575 30000 0 Fermentation-Integrated Fish Oil Recovery: Developing Scalable, Low-Impact Technology for Circular Seafood Processing in Maine. Maine Grains Inc 329 Water St Skowhegan ME 04976 800285401 250000 0 Building capacity to manufacture upcycled nutritious grain cereals and snacks at Maine Grains. Maine International Trade Center 2 Portland Fish Pier Ste 204 Portland ME 04101 010509118 501(c)(3) 10000 0 Events throughout the year. Maine Laboratories LLC 25 Main St Norridgewock ME 04957 882921641 122393 0 Maine Laboratories Doubles in size to Support National PFAS Testing Backlog. Maine Mathematics and Science Alliance PO Box 2246 Augusta ME 04338 223181644 25000 0 Maine State Science Fair and Maine Middle School Science & Engineering Fair. Maine Mollusks L3C 6 Balsam Circle Bristol ME 04554 871617001 29865 0 Clam Aquaculture Engineering & Production: pioneer scalable, sustainable methods for underutilized shellfish species for Maine's Blue Economy. Maine Oar and Paddle Company 20 Water St Orono ME 04473 931419888 12480 0 New website. Maine Ocean Farms LLC 753 River Rd Unit 1 Brunswick ME 04011 822123828 100000 0 Maine Oyster Farm Electric Workboat Pilot Project. Maine Outdoor Brands PO Box 513 Portland ME 04112 822561027 82500 0 Maine Outdoor Brands Financial Planning; Outdoor Industry Cluster Development. Maine Plywood USA 17 Lander Ave Bingham ME 04920 861422890 273285 0 LEGAL COUNCIL: To determine whether or not to continue as an LLC or become a C-corp. In addition with the oncoming USDA loan and advising on raising money from Equity partners; Maine Plywood; Powering the next generation of sustainable plywood for Maine. Maine Space Corporation 87 Winthrop Street Suite 200 Augusta ME 04330 932136633 426413 0 Building Maines Space Knowledge Cluster in Space Applications. Marine Microverse Institute LLC 15 Coleman Avenue Kittery Point ME 03905 422920005 20500 0 Adaptable Rapid, Point-of-Need Fish DNA Authentication Technology to Combat Seafood Mislabeling. MedRhythms Inc 183 Middle St Portland ME 04101 474668808 150000 0 General Support Memoro Inc 559A Congress Street Portland ME 04101 870899687 50000 0 Memory Lane TV Deployment 2024-2025. Merrymeeting Shellfish Company LLC 1005 Foreside Road Topsham ME 04086 042743037 50000 0 Next Phase Commercialization of the Oyster Pod In A Shellfish Hatchery. Midcoast Regional Redevelopment Authority 15 Terminal Road Suite 200 Brunswick ME 04011 142010196 69097 0 TechPlace Incubator Economic Impact Upgrades Project. Mingle Healthcare Solutions Inc 219 Streaked Mountain Road South Paris ME 04821 473470046 150000 0 Mingle Health COVID Recovery. MM Platform Co 47 Masonic Street Rockland ME 04841 922787659 120000 0 Roamr - Accelerating a new economy of movement; Roamr Self-Service Administration Website. Mobile Price Card Inc 23 Water St Suite 205 Bangor ME 04401 475087127 20000 0 Financial Statement Audit/Review. Moddik Inc 15 Phillips Road South Portland ME 04106 332441881 25000 0 Market analysis and Partnership Exploration for Microfluidic Automation Platform. Nautical Farms LLC 70 Blueberry Mountain Drive Machias ME 04654 824185616 255000 0 Digital Marketing & E-Commerce; Nautical Farms LLC Expansion. Navimental Inc 876 Hatchet Mtn Rd Hope ME 04847 331960157 24309 0 Navimental - Pilot Program. Nearpeer Inc 63 Federal Street Portland ME 04101 821621129 170000 0 Accelerating Nearpeer's growth with improves marketing positioning, messaging, and go-to-market materials.; Fueling Nearpeers national growth and Maine economic impact. NKENNE Inc 21 Briggs St Portland ME 04102 872337355 76667 0 NKENNEAi: Providing Somali, Amharic, and Swahili AI Language Translations with TTT, STT, and TTS Technologies. Northern Maine Development Commission 11 West Presque Isle Rd Caribou ME 04736 222635303 10000 0 NMDC Center for Business Growth Innovation Resource Center. NurtureTalk Inc 516 Rt 12A Langdon NH 03602 853974844 50000 0 Mother of Fact: Leading the Future of Equitable and Trusted Nutrition Care for Maternal Health. Oak LLC 2 Pegasus St Ste 2 Brunswick ME 04011 932208601 75000 0 vibeCheck Beta Ship & Ramp. Ocean Data Network Inc 183 Middle Street Suite 200 Portland ME 04101 862965738 24350 0 Gulf of Maine F/V Weather Network. Ocean Innoc Eco Solutions LLC 21 Bowmore Lane Yarmouth ME 04096 332069338 6250 0 EnergyOcean LLC - Gulf Coast Market Evaluation. Ocean Innov LLC 21 Bowmore Lane Yarmouth ME 04096 042985310 25000 0 Creation of a Maine based Technical Sales Manager position to boost our reach to shipyards and boatyards (B2B) for the East Coast and Great Lakes areas Oceanfarmr USA Inc 68 Commercial Street Portland ME 04101 352785631 33000 0 Oceanfarmr - Systemising Aquaculture farm Operations for optimisation and scale. OPAL Build LLC (dba NotchSB) 137 High St Belfast ME 04915 862697009 339617 0 Creating Resiliency in Residential Housing Construction; OPAL Build - Unlocking Affordable Housing through Sustainability. Ostara LLC 23 Lobster Lane Vinalhaven ME 04863 332958676 15000 0 General Support Our People Inc 63 Federal Street Portland ME 04101 822172170 150000 0 OurPeople Answers AI. Paquin Holdings Inc DBA Cinder Wood Products 157 Pioneer Farm Way Ellsworth ME 04605 872838453 57870 0 CWP Equipment and Capital Purchases & Video Production for Marketing; New Web Design and Development. ParaLabs Inc 40 Teaberry Lane Braintree MA 02184 994179460 25000 0 AI Grant Writer. Pinebury LLC 45 Labbe Avenue Lewiston ME 04240 921270079 25000 0 Pinebury Cycling Bib Shorts with Nuyarn Merino Wool. PK Floats Inc 32 Flyaway Drive Lincoln ME 04457 010538247 25000 0 Amphibious Seaplane Float Development for Bushliner 1850 Aircraft. Point Pickleball LLC 15 Lily Pond Drive Camden ME 04843 991234349 80000 0 Brand development & packaging design; Ecomm Website Development; Innovative & Sustainable Shoe Manufacturing. Portland Mattress MakersPortland Boat Mattress 25 Edwards Ave Biddeford ME 04005 010500283 20000 0 Update exhisitng E-commerce site for our boat mattress site - BoatMattress.com. Prapela Inc 2 Main St STE 15-219 Biddeford ME 04005 830642463 49250 0 Prapela - helping preemies with apnea - breathe better! Pumpspotting Inc 150 Rollingwood Road Eliot ME 03903 844427076 10000 0 Building Solutions for Parents and Caregivers: A Conversation and Celebration with Founders; M&A Planning and Diligence & Capital Raise Sprint. Quick Solutions Network DBA The Dressing Chair LLC 64 Charlotte Rd Charlotte ME 04666 204484112 10401 0 The Dressing Chair. Quill & Pigeon Inc 1309 Coffeen Avenue Ste 1200 Sheridan WY 82801 364847203 25000 0 Quill & Pigeon Beta Launch. ReForm Composites Engineering LLC 135 Maine St Ste A275 Brunswick ME 04011 332016545 50000 0 Establishing Continuous Fiber Reinforced Thermoplastic (CFRTP) Composite Engineering & Manufacturing Capabilities in Maine. ReGenerate Energy Holdings LLC 27 Fox Farm Road Stratton ME 04982 862767537 126853 0 Biochar Production. Rely Intelligence Inc 37 Summer St Kennebunk ME 04043 332628355 25000 0 General Support Robbins Lumber East Baldwin LLC PO Box 9 506 Main Street South Searsmont ME 04973 863728027 495000 0 Better Utilization of the Eastern White Pine Resource through Implementation of Value-based Scanning. Roux Institute 100 Fore Street Portland ME 04101 041679980 501(c)(3) 560000 0 BioIN Incubator and BioPILOT Lab, a collaboration between the Northeastern/Roux Institute and the University of Southern Maine.; Future of Healthcare Founder Residency; Life Science Impact Forum; Startup Solutions: Immigrant Welcome Center; The Maine Summer Accelerator at the Roux Institute. Saltwater Classroom 18 Trim Street Camden ME 04843 832687170 25000 0 Development and Implementation of an Ocean Education Platform. Sappi North America Inc PO Box 9004 Westbrook ME 04098 232366983 495000 0 Improvement of pulp and paper mill productivity when softwood chip ratio increases beyond 15% during the Copulp process at Somerset mill. SBD Technologies Inc 47 Litchfield Rd Freeport ME 04032 994082056 110000 0 Formation of SBD Technology Inc Help creating a solid business case including financial modeling and position us to achieve the multi-year roadmap outlined.; SBD Technologies Product Launch. Scaled Carbon PBC 100 Fore St Portland ME 04101 993675013 25000 0 Scaled Carbon Tracer Prototype Development. ScanDx LLC 16 Winterhaven Drive Orono ME 04473 021588123 16000 0 Audible frequency spectrometric technique for bone sonometry. Sea Meadow Marine Foundation 123 Even Keel Road Yarmouth ME 04096 870873558 200000 0 Development and Management of Working Waterfront Support Programs; Working Waterfront Support Programs. Infrastructure and Organizational Sustainability Improvement. Sea Potential LLC 553 Congress Street Suite A Portland ME 04101 811817755 50000 0 Fresh water from waves. Seascale LLC 22 Knox Street Thomaston ME 04861 995031652 25000 0 Customer Validation, Pilot Program and Value Added Processing Trials for the Maine Scallop Pot. Sebasticook Lumber 446 Hartland Rd St Albans ME 04971 812094398 75000 0 Installation of a Gang Edger to increase low value log usage and price. Selkie Inc 57 Exchange Street Suite 401 Portland ME 04101 931642689 25000 0 Selkie Part II. Service Corps of Retired Executives Association 100 Middle St 2nd Fl Portland ME 04101 521067290 50000 0 MOU FY2024-2025. Shell Labs 33 Label Ave Portland ME 04101 993058272 50000 0 Making Water Data Accessible & Actionable. Short Creek Meats LLC 6 Commerce Dr Kennebunk ME 04043 873798796 238150 0 Mechanizing Short Creek Meats' Plant Operations to Address Labor Shortages. Singing Prairie Farms LLC 21 Holstein Lane Newcastle ME 04553 824681776 19990 0 Brand Refresh with Pulp + Wire, CPG Packaging Agency Packaging Refresh for Singing Pastures. Skip LLC 10 Fulton St Rockland ME 04841 257752954 10000 0 Refresh Skip Website Marketing Language and UX and Create Sales Funnels In Order to Increase B2C Paid Subscribers and Position Skip for B2B Expansion. SnoYak LLC 164 Wesserunsett Rd PO Box 72 Kingfield ME 04947 024644600 50000 0 Mass Market Customer Discovery & Maine Manufacturing SnoYak Manufacturing and Sales Initiative. Somerset Economic Development Corporation 41 Court St Skowhegan ME 04976 010535534 501(c)(3) 3000000 0 Somerset Forest Recovery Program. Southpaw Packing Company Inc 247 Varney Mill Road Windham ME 04062 832668203 214106 0 Southpaws Enrichment Project. Springworks Farm Maine Inc 347 Lisbon Street Lisbon ME 04250 473693160 150000 0 Springworks Farm; Phase I Expansion. Startup Maine Inc 75 York Street Suite 2 Portland ME 04101 824792702 25000 0 Startup Maine Week 2025. StokedPlastics Inc 64 River Locks Road Kennebunk ME 04043 934826189 75000 0 StokedPlastics: Pioneering Plastic Recycling for a Greener Future. StopHazing Consulting LLC 148 Main St Orono ME 04473 471011411 5700 0 Increasing Domestic Sales for Online Course, StandUp to Hazing. Stratton Lumber Inc PO Box 160 66 Fontaine Road Stratton ME 04982 010366009 990000 0 Hurst Boiler, Grinder and Auto-wrapper. Strong Technologies LLC 18 Water Street Thomaston ME 04861 007964747 50000 0 Speak AI. Survue 7 Wynmoor Dr Scarborough ME 04074 330720978 31900 0 Product development of high margin, mass manufacturable AI enabled smart bike light. T&D Wood Energy LLC 36 Lefrancois Lane Sanford ME 04073 821251970 450000 0 Acquiring two shuttered facilities and expanding existing facility to meet rapidly increasing demand. Tanbark Molded Fiber Products Inc 219 Anderson Street Suite 5 Portland ME 04097 880598822 499317 0 Electricity Upgrade to expand Production Capacity Video Production for Marketing Assets. Teach Me Rx 3 High Point Rd Scarborough ME 04074 882151734 25000 0 Pocket Nodules - Breast, Patient Education Tool. Tee Time LLC 29 Oak Hill Drive New Gloucester ME 04260 994739841 25000 0 Tee Time App Development and Launch. The Fragrance Farm Inc 151 Searsmont Rd Appleton ME 04862 273379340 10201 0 Glendarragh Lavender SEO & Online Push 2024. The Good Crust LLC 210 West Main Street Canaan ME 04924 853479754 250000 0 Good Crust Builds Resilience with Infrastructure Expansion to Serve Schools. The Maine CoLab 6 Chesnut Hill Camden ME 04843 392426286 10000 0 Expanding Maine's Innovation Ecosystem through the Maine CoLab. Thruhike Inc 1209 Orange Street New Castle DE 19801 920719334 50000 0 General Support True North Development PO Box 330 Milo ME 04463 296880354 16500 0 True North Development Branding / Marketing, PR and Website Project. Turning Acquisitions LLC 46 John Ellingwood Road Buckfield ME 04220 813896247 150000 0 Expand WWTF's Reach with New Products and New Technology. TWIYO Inc 2 Pegasus St Ste 2 Brunswick ME 04011 921608526 25000 0 3D-COAST (3-Dimensional Cultivation of Oysters Automated with Solar Tumbling). UNITEGPS LLC 391 Cottage Road South Portland ME 04106 465217071 55000 0 AI-Powered Bus Routing: Transforming Student Transportation; Fundraising Preparation & Support. University of Maine System 5717 Corbett Hall Orono ME 04469 016000769 501(c)(3) 214577 0 2nd Annual Maine Artificial Intelligence Conference; Maine Blue Economy Innovation Summit; Piloting Innovation in Wild Blueberry: Reducing harvest "shrink; The Windstorm Challenge; UMaine Student Symposium: Research and Creative Activity; Vision & Roadmap for Maine's Forest Sector.; Venturing Forth - Hybrid Project. Upstart Maine 20 Godfrey Drive Orono ME 04473 813181065 114000 0 Strengthening the Bangor Region's Agri-Food Tech Entrepreneurial Ecosystem. VETRO Inc 12 Mountfort Street Suite 401 Portland ME 04101 850887949 150000 0 The VETRO Workforce Development Project. Viable Gear Inc PO Box 10646 Portland ME 04103 883439211 50000 0 Viable Gear & MTI Range 3. Washburn & Doughty Associates Inc 7 Enterprise Street PO Box 296 E Boothbay ME 04544 010347159 250000 0 Hiring Initiatives: Human Resources Director, Project Manager and Hybrid Support Engineers; Purchase and Implementation of ERP System. Watermelon Pie LLC 37 Patterson Hill Road Belfast ME 04915 990681693 25000 0 Premium feature enablement and expansion. WellSort Inc 62 Portland Road Ste 44 Kennebunk ME 04043 331584492 75000 0 WellSort 2.0. Wild Ocean Aquaculture 72 Commercial Street Unit 15 Portland ME 04101 273022334 159000 0 Innovation, Automation, and Diversification in a Regenerative Maine Aquaculture Company Wild Ocean Aquaculture, LLC - Fractional CFO resources - DWedick Financial Services, LLC. WR Allen Inc 267 Front Ridge Rd Orland ME 04927 831195131 127970 0 IQF Wild Blueberry Bagging System. Zero Energy Homes LLC 400 Sewall Road PO Box 84 Southwest Harbor ME 04660 884049277 200000 0 Zero Energy Homes: Investing in a New Forest Product for Maine. 7 187 Part I, Line 2: Award contracts are comprehensive and outline in detail the funded activities, timeline and budget. The organization requires that grant projects proceed on a schedule of agreed milestones. Periodic written reports and documentation, both narrative and financial, are required in order to establish satisfactory completion of milestones before additional payments are released. Material modifications of project timing, substance or expenditures must be approved by staff or, if significant, by the Board of Directors. Frequent communication and occasional site visits are also part of the monitoring process. 0 0 0 0 0 0 0 0 0 Brian Whitney President 0 137345 0 2000 0 306 0 18479 0 38066 0 196196 0 0 Part I, Line 3 The Organization's top executive is compensated by the State of Maine, a related party. They are part of a bargaining unit and methodologies related to compensation are unknown at this time. Form 990, Part VI, Section B, line 11b The Director of Finance and Administration performs an initial review of the Form 990 with the external preparers and secondarily with the President of the Organization. A copy of the completed Form 990 and accompanying schedules is then provided to the Maine Technology Institute Finance Committee of the Board of Directors for review and discussion, followed by presentation at the monthly board meeting preceding the filing date. Form 990, Part VI, Section B, line 12c The Organization requires that all board members, paid and volunteer application reviewers and employees sign conflict of interest policy statements, which are kept on file by the Organization. The policy requires that an individual disclose a conflict of interest as soon as the circumstances arise; that board members, reviewers and employees recuse themselves from discussions and decisions whenever there is a real or perceived conflict of interest. Additionally, award applicants are asked to disclose parties who may have a conflict of interest reviewing their projects; volunteer review board and governing board members are posted on the MTI website for their information. Care is taken to eliminate anyone with a conflict from each step in the review and decision-making process. Form 990, Part VI, Section B, line 15 The Organization's top executive is compensated by the State of Maine, a related party. They are part of a bargaining unit and methodologies related to compensation are unknown at this time. The President of the Organization periodically reviews and sets compensation for all staff, including the Organization's other officers. This may or may not include a formal review and comparability analysis and may or may not be discussed informally with members of the board. Form 990, Part VI, Section C, line 19 The conflict of interest policy is available on the website. The financials are available upon request and are included in the annual report, which is posted on the website. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Maine Technology Institute 16 Middle St, Ste 201 Portland, ME 04101-5163 EIN: 01-0529871 The Maine Technology Institute is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). State of Maine State House Station Augusta ME 04333 ME Government 0 Maine Technology Holdings 16 Middle St Ste 201 Portland ME 041015163 452908148 Research & Development ME Maine Technology Institute C 48520 1.00000 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 State of Maine O 204312 Amounts received State of Maine C 10672513 Amounts received