MTI Responds to Current Needs With Targeted Funding Programs
On occasion, the State of Maine tasks MTI with administering targeted funding programs on its behalf. The following initiatives are currently under active management by MTI.
PRIME Fund
The application portal for the PRIME Fund Phase 2 CLOSED at 11:59 pm on August 30, 2024. We anticipate award announcements will be made by the end of October 2024. Please understand additional time will be required to process awards and distribute award payments.
The application portal for the PRIME Fund Phase 1 CLOSED at 11:59 pm on May 24, 2022 and award announcements were made during the last week of July, 2022.
Closed Programs
Electric Grid Upgrade Program (EGUP)
Funding projects to build or improve electric grid infrastructure.
Prime Ecosystem
Funding for the development of programs that directly address negative economic impacts of the pandemic
Forestry Recovery Initiative
Pandemic relief to small businesses in the Maine Forestry industry.
Seafood Dealer and Processor Program
Pandemic recovery funding for Maine’s wholesale seafood dealer and processor industry.
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