Business Innovation Funding (BIF) (Maine, USA, caf1bc64)
BIF supports Maine companies along a continuum from early-stage innovation to commercialization through tiered grant funding: Tier 1 (Early Stage, up to $30K) for pre-revenue companies developing a prototype; Tier 2 (Growth Stage, $30K-$60K) for companies with documented customer interest and working prototypes; and Tier 3 (Approaching Commercialization, $60K-$100K) for companies with strong customer validation nearing market. Offered by Maine Technology Institute (MTI); awards $10K – $100K.
Key Facts
- Funder
- Maine Technology Institute (MTI)
- Award amount
- $10K – $100K
- Deadline
- Rolling / not specified
- Geography
- Maine, USA
- Categories
- Technology
- Status
- Open
About This Grant
BIF supports Maine companies along a continuum from early-stage innovation to commercialization through tiered grant funding: Tier 1 (Early Stage, up to $30K) for pre-revenue companies developing a prototype; Tier 2 (Growth Stage, $30K-$60K) for companies with documented customer interest and working prototypes; and Tier 3 (Approaching Commercialization, $60K-$100K) for companies with strong customer validation nearing market. Funding tiers are based on cumulative BIF grant funding received by...
Full requirements and application instructions: official listing.
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