GrantExec

Maine Technology Institute

EIN: 10529871
Accepts Applications
Total Assets
$19.6M
Key Financial Metrics (2023)

Total Giving

$10.6M

Number of Grants

250

Median Grant

$24K

Grant Range

$6K - $500K

Recent Grant Recipients

Global Secure Shipping

Establishing a Secure Composite Shipping Container Manufacturing Facility in Maine

β€’ 2022

$500K

University of Maine

Forestry Recovery Initiative

β€’ 2022

$490K

Farmhand Automation Inc

Autonomous Electric Rover for Automated Carbon Free Farming

β€’ 2022

$250K

Peregrine Turbine Technologies LLC

A new technology for storing renewable, non-dispatchable power using Thermal Energy Storage technology coupled with Peregrine's breakthrough turbine engine technology which employs super-critical Carbon Dioxide and achieves world-record level efficiency.

β€’ 2022

$250K

Roux Institute

Roux Institute Venture Creation & Acceleration Platform is a set of robust, venture creation and acceleration programs designed to position Maine as the most exciting place to start a high-growth venture focused on Advanced Life Sciences, Artificial Intel

β€’ 2022

$250K

Treeline Inc

Forestry Recovery Initiative

β€’ 2022

$250K

Maine Woods Company LLC

Forestry Recovery Initiative

β€’ 2022

$204K

Pumpspotting Inc

Pumpspotting is the complete breastfeeding support solution.

β€’ 2022

$200K

Pencilwrench LLC

A SaaS point & click tool that lets automobile technicians quickly compose accurate and comprehensive repair documentation.

β€’ 2022

$198K

E J Carrier Inc

Forestry Recovery Initiative

β€’ 2022

$197K

Quick Facts

Location

Maine

Return Type

990

Most Recent Filing

2023

Annual Expenses

$15.1M

Giving Rate

54.1% of assets

Application Policy

Accepts Applications

Yes - Open to Applications