TY 2022 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(1) Melissa LaCasse...................................................................... Chair	2.00 .................	X	X
(2) Jake Ward...................................................................... Secretary	2.00 .................	X	X
(3) Amberlynn Esperanza...................................................................... Treasurer	2.00 .................	X	X
(4) Jed Beach...................................................................... Director	2.00 .................	X
(5) Dan Belyea...................................................................... Director	2.00 .................	X
(6) Michael Cassata...................................................................... Director	2.00 .................	X
(7) Heather Johnson...................................................................... Director	2.00 .................	X
(8) Meredith Mendelson...................................................................... Director	2.00 .................	X
(9) Rob Pierson...................................................................... Director	2.00 .................	X
(10) Ian Swanberg...................................................................... Director	2.00 .................	X
(11) Susan Tapley...................................................................... Director	2.00 .................	X
(12) Donna Cassese...................................................................... Past Chair	2.00 .................	X	X
(13) Raymond Kelley...................................................................... Past Treasurer	2.00 .................	X	X
(14) Sebastian Belle...................................................................... Past Director	2.00 .................	X
(15) Sarah Curran...................................................................... Past Director	2.00 .................	X
(16) Richard Ganong...................................................................... Past Director	2.00 .................	X
(17) John Pavan...................................................................... Past Director	2.00 .................	X

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2022

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	34,248,785	26,624,852	9,813,047	14,371,752	34,470,111	119,528,547
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3	34,248,785	26,624,852	9,813,047	14,371,752	34,470,111	119,528,547
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..
6	Public support. Subtract line 5 from line 4.						119,528,547

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
7	Amounts from line 4..	34,248,785	26,624,852	9,813,047	14,371,752	34,470,111	119,528,547
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	1,174,564	418,970	378,252	25,565	392,679	2,390,030
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10						121,918,577

Gross receipts from related activities, etc. (see instructions) ..................

2,647,961

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 6, column (f) divided by line 11, column (f)) .........

98.040 %

Public support percentage for 2020 Schedule A, Part II, line 14 ...............

97.310 %

16a

33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2022

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2021 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2022 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2021 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2022

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2022

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2022

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2022

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2022 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2022	(iii) Distributable Amount for 2022
1 Distributable amount for 2022 from Section C, line 6
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2022:
a From 2017.......
b From 2018.......
c From 2019.......
d From 2020.......
e From 2021.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2022 distributable amount
i Carryover from 2017 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2022 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2022 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2023. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2018.....
b Excess from 2019.....
c Excess from 2020.....
d Excess from 2021.....
e Excess from 2022.....

Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation

Schedule A (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2022)

Schedule B (Form 990) (2022) Page 2

Name of organization Maine Technology Institute

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 3

Name of organization Maine Technology Institute		Employer identification number 01-0529871

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 4


Name of organization Maine Technology Institute			Employer identification number 01-0529871
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2022)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....
c	Leasehold improvements	39,870	35,688	4,182
d	Equipment ....	128,991	103,223	25,768
e	Other .....	125,995	125,995	0
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				29,950

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........	4,009,600	F
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	4,009,600

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	269,663
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation

Schedule D (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization
Maine Technology Institute

Employer identification number
01-0529871

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) 40GRID Inc 45 Woodspell Rd Scarborough,ME04074	82-2271944		50,000	40grid develops and delivers the most effective business-process-automation SaaS solution for field-service businesses. While operating in stealth mode, 40grid signed several customers, including a few of the largest pest management companies in the United States, and its minimum viable product has been in production for some customers since 2020. Now, 40grid seeks additional funds to grow its Portland (ME)-based headquarters and add features to its SaaS solution in advance of its inaugural sales and marketing campaign.
(2) Abierto Networks LLC 42 Brickyard Ct York,ME03909	20-2746488		173,333	Our innovative and added value service entails marketing and bringing value to a newly developed LG transparent LED thin film targeted at the digital display needs of convenience store retailers. The film is transparent from inside the store, yet provides a medium for dynamic and eye catching graphics which attract customers to visit the store and improves retailer sell through and profitability. This technology application will replace paper and stick on signs (a very large market) that are static and must be changed frequently. Abierto Networks, through an MOU which forms the basis for a contract in process, has the exclusive right to advance this technology to all major N. American convenience store retailers. Helping to enable this will be Abierto's dynamic content software engine and graphic design development expertise.
(3) Abundance Works LLC 2 Myrtle Ave Bar Harbor,ME04609	83-0821678		22,867	Profit Decoder is a web app that gives entrepreneurs a grip on their profitability in minutes. We lead entrepreneurs through a guided process to understand their numbers, determine how to improve and create a growth plan. Profit Decoder shows the sales needed to be profitable and the key levers that change profitability. We give business owners plainspoken answers to questions that keep them up at night. Questions like: How will sales volume impact profitability? Should prices be raised or lowered? How will changing costs impact profits? What products and services generate profits? After prototyping Profit Decoder with over a hundred entrepreneurs, we have seen how Profit Decoder transforms peoples businesses and lives. Given the ravages of COVID-19, there has never been a more critical time to support small businesses that are the backbone of our communities. We seek funding to move from a prototype to fully operational web app.
(4) Accelera 215 Main Street Biddeford,ME04005	81-3057210		150,000	A spectrum of random frequencies technology is the basis of the SR-100 wearable device. It delivers gentle, random vibrations to muscles to improve the wearers ability to control their movements. The SR-100, a signal is applied in the form of gentle mechanical stimuli (i.e., vibrations), which aids the body's proprioceptive and sensorimotor system due to the electrical nature of the information transfer in sensory neurons. Low-level electrical noise signals can cause small changes in receptor transmembrane potentials. Transmembrane potentials are vital for sending messages to and from the central nervous systems. This makes neurons more likely to fire an action potential in the presence of a weak signal, thus enabling the intended limb movement or action of the user. You can think of this as a step stool or pedestal to help you reach things on an upper shelf. The stimulation simply assists with the natural neurological function.
(5) Alakazam Inc 63 Federal Street Suite 2301 Portland,ME04101	92-0606273		310,000	Applicant has yet to launch their 3d web metaverse platform but has revenue through their consulting/professional services in the same field and provided two LOIs from potential customers for when their product launches.
(6) Alizarin Inc Sweetgrass Farm 825 Carroll Road Union,ME04092	20-3417748		34,300	Production capacity expansion
(7) American Roots Wear 90 Bridge St Ste 401 Westbrook,ME04092	47-5079055		226,667	Advancement Program for long-term sustainability
(8) American Unagi LLC PO Box 81 Thomaston,ME04861	47-2865308		17,000	Building Resilience with Eel Aquaculture
(9) Amply Energy Inc 51 Blanchard Rd Cumberland,ME04021	87-2647313		50,000	Amply Energy (Amply) is developing a mobile app to streamline the process of electrifying residential homes, beginning with HVAC systems and heat pump installation. The Amply app will allow installers to quickly and accurately collect home data, design a right-sized system, prepare bids, process rebates, and then use the homes data to facilitate electrification of other home systems and appliances.
(10) Apple Creek Farm LLC 538 Millay Road Bowdoinham,ME04008	46-5645921		29,400	Mitigating Future Challenges through On-Farm Investments
(11) Apriqot Inc 1 Woodspell Rd Scarborough,ME04074	92-1368812		24,985	Apriqot's innovation is a platform for public health practitioners. The problem we are addressing is that the vast majority of public health practitioners do not have access to community health estimates that match the problems they are trying to solve. We are addressing that problem with a platform that produces estimates that are dynamic, ready-on-demand, and integrable with local data. Our platform (Apriqot HD) provides our customers with a prebuilt, high-quality synthetic population for their community; including statistically accurate households, neighborhoods, schools, and demographic characteristics.
(12) Ararat Farms LLC 55 Vancycle Road Lincolnville,ME04849	27-3069857		34,300	Ararat Farms Infrastructure and Processing Improvements
(13) Arbor Fuel Inc PO Box 127 Lincoln,ME04457	88-1375267		8,645	Arbor Fuels has biomass drying system that is able to dry and heat wood chips in a timely manner. Business and home owners will be able to use this in the future to heat their homes with a low fuel cost. MTI will help fund Arbor Fuel to be able to complete the necessary testing from UMaine.
(14) Arkatechture Inc 75 Washington Avenue Suite 2F Portland,ME04005	46-1049415		346,667	Expand Hiring & Develop a New Training Program to Grow & Sustain Go-to-Market, Product Development & Delivery Capacity
(15) ATX Advisory LLC 118 Alfred St Biddeford,ME04256	46-1330949		220,000	Caliper is a fully managed Business Analytics platform that delivers cutting edge analytics to middle market companies.
(16) Auburn Manufacturing Inc 14 Walker Road Mechanic Falls,ME04253	01-0366201		360,000	Upgrade of AMI facilities and add/improve its skilled workforce to meet Defense Industrial Base demand
(17) Berry Fruit Farm LLC 375 Goding Road Livermore,ME04005	83-3010440		30,200	We will be using the requested funds for changes made in the marketing and distribution of some of our products to comply with COVID protocols. The funds will help us launch a new online e commerce platform for our company. Investments in new processing equipment and labor saving devices will help to keep our employees safe from repetative laborous tasks and keep our cost in check. This equipment includes a dough baller, convection oven, mechanized italian made potato harvester and energy efficent refridgeration. We are hoping to hire 2 full time employees to launch this new initiative. We also want to create an online training platform for our employees. The platform would host videos of the leaders in the company deminstrating how to do tasks in our company to comply with safety standards. The funds would be used to purchase a computer and A/V equipment. Finally, we need to build our inventory for boxes to mitigate future supply disruptions. We are working with J.S. McCarthy
(18) Biddeford Internet Corp 43 Landry Street Biddeford,ME04256	01-0490810		280,000	Metaswitch Project - Virtualize Entire Phone Switch Infrastructure
(19) Big Papou's Kitchen 2 Stroudwater St Westbrook,ME04092	26-3603321		15,500	FORMING & PANNING MACHINE WILL BE CAPABLE OF PRODUCING 23,040 PATTIES PER HOUR. BASED ON MACHINE THAT BIG PAPOU'S KITCHEN NOW USES TO PRODUCE 2,000 PATTIES PER HOUR. MACHINE CAPABLE OF PRODUCING BURGERS AND SLIDERS AND CAN BE ADAPTED TO PRODUCE NEW PRODUCTS. MADE EXCLUSIVELY FOR BIG PAPOU'S KITCHEN LLC BY MARS PACKAGING OF NH.
(20) Bijou Corp 29 Knowlton St Camden,ME04843	85-3956948		50,000	Create space. Space for play, quiet, connection with the world's first collapsible play structure. Bijou is an adaptable play structure where we provide everything but the wood. The wood is purchased from your local hardware store and uses standard pressure treated 2x4s Funding would be used to launch a robust direct to consumer marketing campaign with a Maine based marketing firm.
(21) Biofine Developments Northeast Inc 229 Clark Road Brookline,MA02445	83-3204250		66,600	Biorefinery Financing Development Package
(22) Bixby & Co 248 Norport Avenue Suite C Belfast,ME04032	46-2585642		126,667	Scaling up Bean to Bar Chocolate Manufacturing
(23) BlokHaus Builders BlokHaus Builders 114 Flying Point Rd Freeport,ME04252	00-4880580		40,833	New Panel Production Facility
(24) Blue Ox Malthouse LLC 41 Capital Avenue Lisbon Falls,ME04252	00-6821239		186,667	Process Improvements and Capacity Expansion
(25) Blue Rabbit Ventures Inc 2 Union St 5th Fl Portland,ME04101	86-1200225		100,000	Blue Rabbit operates a disease management platform for pets and horses suffering from chronic disease. We partner with veterinary practices to help coordinate care for patients across medication dispensing, diagnostic services, custom therapeutic diets and supplements.
(26) BluShift Aerospace Inc 2 Pegasus Street Suite 2 Brunswick,ME04843	47-2049924		133,333	We are seeking funds to help maintain the current payroll, compensate for past and future additional teamshortages due to Covid, extreme delays by suppliers that caused bluShift to burn through cash in maintainingpayroll while awaiting critical components.We also need to increase our employees' pay to help retain our current employees in the current hot hiringmarket. Our employees are experiencing significant financial pressures due to inflation thats been sparked bythe epidemic.
(27) Bookclubz Inc 19 Harden Ave Camden,ME04843	84-3298239		322,867	We plan to utilize this $200,000 grant to increase our ad sales revenue to 20% in the next 12 months and build the foundation for a 100% jump in ad sales revenue in 2023. Well use the funding as following:$150,000 (salary and benefits) to hire a full-time ad-sales director $25,000 (salary) to hire a part-time ad-ops manager $23,000 to give a 12% raise to our current sales manager and chief revenue officer $2,000 to establish a 401k program for all Bookclubz employees
(28) Bourgeois Guitars LLC 41 Canal St Lewiston,ME04240	84-3298239		316,973	The PLEK is a specialized CNC machine designed to optimize every element that contributes to a guitars playability. Its functions include milling highly complex geometric fretboard surfaces, leveling and shaping frets, and calibrating the height of nut slots and saddle heights. Efficiencies gained by incorporating PLEK technology and other automations into our manufacturing system are critical to our growth plan of tripling revenue in the next 3 years and doubling our workforce to 60 full time, benefitted jobs by 2029. We are seeking MTI matching core grant funding to help us bring this technology to Maine.
(29) Brant & Cochran LLC 110 Breakwater Annex S Portland,ME04106	47-4227841		50,000	In order to meet overwhelming demand for its heirloom quality Maine wedge pattern axes, Brant & Cochran plans to triple production by introducing precision manufacturing and LEAN and green processes into its business. We seek funding to help design, build, install and train our team on an entirely new way of making our Maine pattern axes.
(30) Brooklin Boat Yard Inc PO Box 143 Brooklin,ME04011	01-0385424		320,000	Brooklin Boat Yard Innovation Upgrade
(31) Canopy Farms L3C 5 Abbey Rd Brunswick,ME04011	82-0640258		45,733	Fostering Sustainable Aquaculture Post Pandemic
(32) Cape Partnership LLC 175 Gatehouse Rd Sanford,ME04073	87-3606710		100,000	The Collapsible Aerosolized Particle Enclosure, (CAPE Isolation System) is a versatile isolation solution that provides added layers of protection to health care providers and patients at risk of exposure to infectious aerosols or droplets during care delivery. The CAPE offers a mobile negative pressure environment to acute care areas allowing for expanded isolation capacity and preservation of other personal protective equipment (PPE) resources that are routinely in short supply.
(33) Caron Engineering Inc 116 Willie Hill Road Wells,ME04090	01-0421391		373,333	We plan to use these funds for four core initiatives at our company.
(34) Caron Logging PO Box 73 Fort Kent Mills,ME04744	01-0499600		7,077	Logging Operation Assistance
(35) Casa Group 332 Meadow Road Durham,ME04222	87-1064554		44,100	1.New hire: we will hire a full-time sales agent relationship manager to train, support and manage a growing pool of independent sales agents spread across the country. This position will be based in Maine and will offer benefits. This role is needed because we have determined, based on market feedback and early sales trials, that the large majority of sales will require a live person interacting in-person with the prospective customer at the closing portion of the sales process. Our pilot all remote model has not been successful, so we are adapting to utilize a commission only, independent sales agent network who we are currently recruiting to handle that final phase of the sales process. This group will need training in our product and service, troubleshooting and other support and active management to ensure correct reporting and to maximize their productivity. We estimate the fully loaded annual cost of this role (salary + benefits + on costs) to be $72,000 (exact cost wil
(36) Casco Bay Molding Ltd 32 Smada Drive Sanford,ME04073	01-0533425		306,667	Casco Bay Molding (Casco), started in Sanford in 2000, has grown into an FDA Registered, ISO 13485 Certified product development and manufacturing company specializing in silicone rubber and thermoplastic medical devices as well as consumer & industrial component parts and products. In 2015 we invested in a joint venture tool and mold shop and in 2021 reinvested in a mold only Casco owned mold shop enhancing our product development capabilities.In the 4th quarter of 2021, as the effects of the pandemic waned, its after effects of raw material (silicone) shortages, labor availability/rates and spike in raw material costs hit our profitability quite hard.
(37) Casco Marine LLC 753 River Road Unit 1 Brunswick,ME04011	83-0506849		19,600	With increased labor and fuel cost we want try to utilize new technologies to increase our efficiencies and be more competitive in the sector. We would like to add an ROV to our operational services as this will allow us to greatly increase our site survey operations, and gear and hardware recovery. With increased efficiency over the course of a workday or project we will see savings in operational expenses.
(38) Central Maine Growth Council 50 Elm Street Waterville,ME04901	01-0546258		100,000	As the major service and education provider between Bangor and Portland, mid-Maine is positioned to fill a key gap in the states entrepreneurship ecosystem. Dirigo Labs (DL) will stimulate the establishment and growth of technology-based start-ups in mid-Maine, focusing on Maine-based, high-growth industry sectors including: bioeconomy, information technology, financial services, and innovation within Maines legacy industries of precision manufacturing and blue economy, which extends to emerging environmental technologies in marine and aquaculture clusters.
(39) Circa Labs Inc 16 Station Ave Brunswick,ME04011	84-3141787		92,467	Compensation and Travel expenses for sales and customer success
(40) Circle B Farms LLC 290 East Presque Isle Road Caribou,ME04736	86-1458338		173,333	Hydrocooler purchase
(41) City of Ellsworth 1 City Hall Plaza Ellsworth,ME046059998	01-6000027	Government	41,666	Union River Center for Innovation: Graduating All Companies from the Incubator
(42) Clamar Floats Inc 74 Orion Street Brunswick,ME04011	83-1649853		26,133	Business Support
(43) Clean Maine Carbon LLC PO Box 400 Greenville,ME04441	82-2609239		60,933	Biochar Plant
(44) Codeweaving Inc 64 Beech Ridge Road Dresden,ME04101	26-0289299		27,767	SlicPix Platform Development
(45) Competitive Energy Services LLC 148 Middle Street Suite 500 Portland,ME04412	01-0533059		317,250	Energy & Sustainability Data Services
(46) Compotech Inc 55 Baker Blvd Ste 203 Brewer,ME04412	45-3644973		230,000	Workforce Development for Composite Manufacturing
(47) Consortium For Environ Risk Mgmt The Coalition of EPSCoR/IDeA States 800 Maine Avenue SW Washington,DC20024	35-2083222		25,000	Meeting the Needs of Industry with Advanced Toxicology Tools. The development of ToxExpress
(48) Constant Energy Capital Management Inc 202 US-1 Ste 203 Falmouth,ME04473	81-1752332		260,000	Fintech platform feature delivery and customer onboarding
(49) CourseStorm Inc 148 Main Street Orono,ME04473	47-2765501		440,000	Investment made to accelerate growth and attract, upskill and retain staff.
(50) Cox Machine 39 Belfast Augusta Rd W Searsmont,ME04973	84-3149490		19,600	replace inventory and repairs in building
(51) Croft L3C Croft Group 65 Tillson Avenue Rockland,ME04841	88-3097125		75,000	Facility Expansion
(52) Cumberland Ironworks 103 Old Brunswick Rd Durham,ME04222	20-3167101		39,200	Manufacturing and Employee Expansion
(53) Cutback Surf LLC 191 Brookside Parkway Medford,MA02155	87-1803285		25,000	Surfboard Production R&D
(54) DI Manufacturing Solutions LLC 10 Mill Brook Rd 13 Saco,ME04072	86-1899617		25,000	UV LED HVAC Device Purchase
(55) David Saunders Inc 192 Gannett Dr S Portland,ME04106	04-2677444		373,333	Automation for process efficiencies and job creation/retention.
(56) DealPoint Corporation 5 Seacoast Terrace Unit 302 Kittery,ME03904	92-0518956		17,575	DealPoint Digital Advertising Application for Small Businesses
(57) Deep Water Buoyancy 394 Hill St Biddeford,ME04005	46-4290494		366,667	high volume automated mixer purchase
(58) Defendify 5 Moulton St 5th Fl Portland,ME04101	82-1312017		530,000	Defendify, Inc. Response Plan due to Negative Economic Impacts of the Covid-19 Pandemic
(59) Dermarus Inc 180 Harriet St South Portland,ME04096	84-4370217		39,200	Building Marketing Team and Inventory
(60) Dewey Inc 26 School St Ste 2 Yarmouth,ME04901	85-3698715		37,567	1) Hiring a part time Maine based intern to support our workplace marketing and sales efforts2) Running focus groups with HR and benefits leaders in the corporate space to discuss sales strategy, pricing and positioning3) Development of marketing materials and testing of campaigns based on focus group core messaging and pricing via outbound marketing via linkedin, CHIEF and social media.
(61) Dimensional Timber LLC 791 Clinton Avenue Winslow,ME04901	84-3314959		80,000	Supply Chain and Fuel Cost Relief
(62) Downeast Institute for Applied Research Reseach and Education PO Box 83 Beals,ME04649	01-0452403	501(c)(3)	148,895	Developing Hatchery Production of the Atlantic Sea Scallop, Placopecten magellanicus.
(63) Dream Local Digital Ltd 33 Roxbury Street Thomaston,ME04260	36-4937007		290,000	SkillsBuilder Marketing Coach program launch & New Market Development
(64) Durabike LLC Durabike LLC 48 Waterman Dr New Gloucester,ME04260	00-8682778		47,281	Law enforcement and commuters require e-bikes. An ultra low maintenance e-bike solution is needed. With PRIME fund support, DuraBike will be able to partner with a gearbox and electronic motor companies to product the very first combined gearbox-motor and belt driven bike.
(65) Edgeli Inc 63 Federal St Portland,ME04101	87-4282788		20,250	In 2021, over 1400 GW of electrical power projects, the majority of which were renewable energy projects, were stuck in the grid interconnection queues of utilities throughout the United States. Edgeli, through its cloud platform, hopes to help Distributed Energy Resource (DER) developers and electric utilities speed the time to DER project completion by identifying locations in the utilitys service area that are suitable for DER projects, determine the feasibility of a specific DER project to interconnect to the electrical grid, and the costs of any grid upgrades that are needed to interconnect the DER project. There are three (3) major elements to the Edgeli platform: (1) Data Aggregation; (2) Data Modeling; and (3) Data Visualization. The MTI grant funds that are being requested will be used to develop the architecture designs that would support the data aggregation and data modeling functions.
(66) Efficient Surgical Apps Inc 62 Providence St S Portland,ME04106	86-2527666		25,000	Develop JotLogs Clinical Platform
(67) Election Bridge Inc 100 Fore St Portland,ME04101	88-2639737		25,000	Election Bridge will work with a local municipality in Maine for the duration of the project. The project will leverage local partnerships to explore the economic impact of increasing civic engagement across the state of Maine. We will do this by conducting focus groups with citizens, elected officials, and businesses across a selected municipality. Additionally, by utilizing the municipality's geospatial infrastructure we will create an innovative communication channel that encourages citizen participation.
(68) Elevated Technologies LLC Helkin Berg 99 Silver Street Suite 3-4 Portland,ME04962	01-4709551		37,567	COVID Pandemic Response Funding
(69) Elizabeth Whelan 341 Flye Point Road Booklin,ME04616	22-3822440		24,129	We have created a fabric that combines cushion comfort and material aesthetics into one product. It reduces manufacturing parts and is easy to install. It appeals to customer use by being durable, sustainable, breathable and beautiful. We are requesting funding to make high fidelity prototype for presentation and testing.
(70) EME Biofuels LLC 3 Chase Avenue Augusta,ME04330	32-0714801		50,000	The development of a wood waste facility
(71) ESM Global Products LLC 10a Gleckler Rd Portland,ME04103	83-4617402		228,208	Elevating ESM Global IT services and Launching ESM's African Language Learning product, NKENNE
(72) EthioPayCenter LLC 627 Main St S Portland,ME04106	38-6211475		16,800	Our platform, EthioPay, is a peer-to-peer digital platform that empowers individuals to make secure and easy fund transfers. We are focused on providing investing opportunities for underserved communities in America. We are seeking funding and business advice to help us expand our reach and make a greater impact.
(73) EthioPayCenter LLC 627 Main St S Portland,ME04106	38-6211475		25,000	EthioPay allows people to execute instant P2P fund transfers while also including the option to invest in the U.S. capital markets directly in the application. Our current and future suite of products address the financial services gap in this country, affecting new immigrants. With the assistance of MTI, we are able to fund the development of this platform and bring a solution to the market that addresses the pain points of millions of immigrants.
(74) FarmDrop L3C 136 East Blue Hill Road Blue Hill,ME04614	82-5125516		25,000	inventory management, marketing and distribution automations
(75) Farmhand Automation Inc 432 Elm St Ste F Biddeford,ME04083	83-4573015		37,567	Covid Relief Recovery for Global Chip Shortage and Supply Chain Shocks
(76) Farming Fungi LLC 4 Berwick Court Sanford,ME04073	90-0768233		293,333	For COVID Pandemic Response Plan
(77) FieldStack LLC 10 Lantern Ln Cumberland Foreside,ME04110	34-0701820		100,000	The FieldStack Lean Retail Platform is a unified technology stack that provides point-of-sale, eCommerce, inventory management, warehouse management, customer relationship management, real-time data analytics, automation, and more. Our eCommerce solution is a critical component, unlocking our clients ability to provide a unified experience to their customers as they shop online and in stores. This project will expose all eCommerce functionality via an API for greater scalability and allow 3rd parties to develop mobile applications to strengthen our clients omni-channel capabilities.
(78) Flip the Switch Education LLC 188 Belle Marsh Rd South Berwick,ME03908	00-1785228		15,750	Virtual Reality School Field Trips will bring immersive VR field trip modules to K-12 schools that align with curriculum standards and allow students to be immersed in and interact with environments that they could never do in real life. Each VR module along with all equipment will be brought to the classroom and delivered by an educator. The experiences can range from historical settings, future settings, current places and fictional locations. We require funding to purchase the equipment, finish software development and delivery of the modules to schools.
(79) Flying Goat Farm LLC 766 Intervale Rd New Gloucester,ME04260	00-2748321		27,767	Development of Innovative Livestock Handling
(80) Forager1 LLC 75 Market Street Suite 402 Portland,ME04101	47-1754623		34,300	Development of Digital Local Food Pipeline
(81) G R Logging Inc 107 Jefferson St Van Buren,ME04785	01-0447726		17,114	Funds used to find new employees and offer bonuses to help our business grow and we would also buy specific parts to have on hand if something happens to the equipment. There has been many parts unavailable to fix the equipment in a timely manner.
(82) Gametiks LLC 9 East Ave Belfast,ME04915	87-1686941		25,000	GameTiks is (currently) a social media platform running on web and iOS that enables outdoor enthusiasts to connect and share experiences. Born from a simple logging, tallying and journaling system for hunters; the platform has since grown in scope, integrating several novel design innovations, and receiving high praise from users across the United States and around the world. The company is currently focused on monetization and user growth through a booking service MVP. In order to implement this service, we're raising funds to help with marketing, and put us on track for seed-stage funding rounds. We believe that with continued support from MTI, GameTiks, Inc. will become a global player in the outdoor recreation industry, providing quality high-paying jobs within Maine.
(83) Gel Hydration Technologies Inc Bangor Innovation Center 40 Johnson St Bangor,ME04079	47-5198032		31,033	Help with the Negative Economic Impacts of the Covid-19 Pandemic
(84) Generated Health LLC Generated Health LLC 336 High Head Rd Harpswell,ME04605	01-9488782		27,767	Development of an Intelligent messaging platform for better health
(85) GenoTyping Center of America LLC 415 Water Street Ellsworth,ME04976	46-1341326		186,667	Help with the Negative Economic Impacts of the Covid-19 Pandemic
(86) Genplex Inc 7 Industrial Park Road Suite 1 Skowhegan,ME04473	01-0484664		100,000	Equipment and Labor Expansion
(87) Global Secure Shipping 20 Godfrey Drive Suite 217 Orono,ME04468	81-4513962		210,000	Help with the Negative Economic Impacts of the Covid-19 Pandemic
(88) Go Lab Inc 137 High Street PO Box 567 Belfast,ME03904	82-1220447		190,000	essential equipment investment and human resource development
(89) Good To-Go LLC 484 US Route 1 Kittery,ME03904	37-1792527		195,000	At Good To-Go we create and manufacture all-natural, shelf-stable dehydrated meals. Sold in re-sealable pouches, all you need to do is add boiling water to the bag, wait a few minutes and then your meals are ready to eat. Our unique process, where we dry entire meals, not just ingredients, imparts the food with the intrinsic texture and flavor you would expect from a restaurant quality meal. Our dryers, originally designed for kiln drying for the lumber industry, are made in Maine by Nyle Systems. After extensive testing, we determined the dryer would be essential for our process. It slowly dries the food, blowing hot air over our trays and then directing the air over refrigeration coils. The coils allow the moisture in the air to condensate, rather than accumulating excess stream. We are seeking funding to increase our production capacity by purchasing more drying equipment.
(90) Goodfocus LLC 5 Guptil Avenue Freeport,ME04032	26-4084019		110,000	SaaS Marketing Launch
(91) Granite Mountain Industries LLC 174 Cash St Suite 7 South Portland,ME04106	03-0381252		25,000	1. Develop and test a hydraulic breaching tool designed to quickly and reliably defeat SCIF (Sensitive Compartmented Information Facility) doors commonly found in military and government facilities.2. Improve the battery powered hydraulic breach/rescue kit to withstand environmental extremes as defined in Mil-Std-810.
(92) Greisen Aerospace LLC 74 Orion St Ste 1 Brunswick,ME04011	57-4763271		39,200	Improving manufacturing capabilities in response to the COVID-19 Pandemic
(93) Grimburg Less Lethal LLC 3 Raven Lane PO Box 572 Fryeburg,ME04037	83-1480736		78,680	The Grimburg Gavle less lethal launcher pistol is small, light weight, and comfortable to carry concealed. At 36 joules of energy it is a viable option for self defense, causing pain without severe injury. It is smaller and more powerful than our competitors' launcher pistols. We sold 200 pistols in 2022, as a successful beta test. We are seeking $58,600 in matched grant funding for this next production run. Well be improving manufacturing, updating the Gavle cosmetically, renewing our branding, lowering the production cost by redesigning some parts, bringing more production in house, and advertising with Leviathan Marketing, the premiere management company for firearm social media influencers. We will be advertising on million+ subscriber Youtube channel.
(94) Grover Gundilling LLC 59 Industrial Dr Oxford,ME04270	80-0800225		346,667	COVID Pandemic Response Funding
(95) Gulf of Maine Sashimi 350 Commercial Street Portland,ME04101	83-2833089		18,667	COVID Pandemic Response Funding
(96) Gypsy and the Gentleman LLC Attn Denise Garland Deputy Commissioner 59 State House Station Augusta,ME04074	06-8782043		15,000	G&G is in development of a modular camping system that nests into standard SUV and passenger vehicles. Making access to weekend trips or weeks-long travel simplified and accessible to those who aren't looking for a full tow-behind camper or off-road/"over-landing" style vehicle. We are seeking funding to continue development of our prototype build and continue our market discovery, brand identity development and to gain feedback from our target market.
(97) Halo Med LLC 10 Birch Ln Scarborough,ME04074	85-0542184		30,842	SimKit Pandemic Recovery Project
(98) Harvesting Good 494 US Route 1 Yarmouth,ME04092	85-0930349		26,133	COVID Pandemic Response Funding
(99) Hawkin Dynamics Inc 90 Bridge Street Suite 230 Westbrook,ME04096	83-2115915		210,000	COVID Pandemic Response Funding
(100) Health Economy LLC 31A Indian Ridge Rd Yarmouth,ME04101	56-2378206		10,800	COVID Pandemic Response Funding
(101) Herbal Revolution Farm & Apothecary 410 North Union Road union,ME04962	37-1853318		173,333	Development of a Farm to Medicine Project
(102) HighByte Inc 52 Alder Street Portland,ME04101	83-2030203		400,000	Retention and Recruitment Funding
(103) HistoryIT Inc 202 Gannett Drive South Portland,ME04106	46-1115663		210,000	Employee Expansion & Retention, Supply Chain Assistance
(104) Huga Heat LLC 40 Homestead Rd Southport,ME04841	85-3757345		27,767	COVID Pandemic Response Funding
(105) Hurricane Island Foundation 19 Commercial Street PO Box 1280 Rockland,ME03906	26-3511908		230,000	Completing Construction on Pen Bay's First Offshore Marine Research Facility
(106) Hyperlite Mountain Gear Inc 40 Main Street Suite 13-120 Biddeford,ME04005	27-1591239		299,000	Marketing and R&D Enhancement
(107) Intelli-tex LLC 88 Old Fairgrounds Rd Readfield,ME04355	08-8251064		25,000	INTELLI-TEX LLC manufactures color-changing textile yarns and photovoltaic power-producing textile yarns that can be woven into consumer-grade products. Access to MTI funding will enable INTELLI-TEX to increase the commercial value of their smart materials technologies by improving prototype functionality. In addition, access to MTI funding will allow INTELLI-TEX to pursue further customer discovery and to develop strong business partnerships.
(108) Johnny's Selected Seeds 955 Benton Avenue Winslow,ME04901	01-0332731		24,421	We aim to continue innovating and developing new products that can greatly improve the financial outlook of our company while positively impacting the agricultural industry with commercially superior USDA-certified organic (organic) seed varieties. We are currently planning to breed organic tomato varieties with improved foliar disease resistance.
(109) Joind Health LLC 30 Applegate Ln Falmouth,ME04105	04-2445501		10,500	Joind Health is developing a digital health application that will innovate the chronic disease management of osteoarthritis by integrating technology into the care pathway. This approach will provide patients the "daily" care that they need to improve pain and functional outcomes, reduce costs associated with episodic care and premature/unnecessary surgery, maintain consistent evidence-based treatment and provide a clinical decision support system for physicians. The Joind Health application will support this through a wearable technology interface for monitoring activity and function, an AI Chatbox to support individualized patient engagement with Education and Coaching through the digital platform, and a physician reporting tool that allow for meaningful, real-time clinical decision-making based on evidence-based guidelines and specific patient data.
(110) Katahdin Salmon Inc 12 Reef Rd Cape Elizabeth,ME04107	88-3632516		100,000	The company is developing a state-of-the-art RAS facility using lessons learned from successfully permitting two of the largest RAS projects in the US, and using the latest in technological developments and research to achieve a facility with higher ESG standards than any commercial-size farm in existence in the US today.
(111) Kennebec River Biosciences Inc 41 Main Street Richmond,ME04330	01-0506735		126,667	COVID Pandemic Response Funding
(112) Kennebec Technologies 150 Church Hill Road Augusta,ME04105	01-0353617		250,000	COVID Pandemic Response Funding
(113) Kind Mind LLC 88 Depot Rd Falmouth,ME04101	82-3366509		10,000	COVID Pandemic Response Funding
(114) KinoTek LLC 22 Monument Sq Ste 201 Portland,ME04101	83-2336739		240,000	COVID Pandemic Response Funding
(115) KV Tooling Systems LLC 2459 North Belfast Ave Augusta,ME04330	47-2517393		35,933	COVID Pandemic Response Funding
(116) LaCasse & Weston Inc 219 Anderson St Ste 5 Portland,ME04101	01-0425496		15,819	COVID Pandemic Response Funding
(117) Lifethereal LLC 16 Sanford Drive Unit 1 Gorham,ME04101	27-2154545		280,000	COVID Pandemic Response Funding
(118) LOCKBQX LLC 585 Forest Ave Portland,ME04861	85-2651578		29,400	COVID Pandemic Response Funding New Hires and Product Development
(119) Lyman Morse Boatbuilding 84 Knox Street Thomaston,ME043330059	01-0355326		226,667	Covid Pandemic Recovery Funding
(120) Maine Float LLC 152 Tappan Farm Rd Winthrop,ME043330059	00-6822094		17,967	Float business seeks funding for supply chain woes
(121) Maine Laboratories LLC PO Box 843 Norridgewock,ME04957	88-2921641		25,000	Enable PFAS testing in Maine
(122) Maine Lee Technology Group LLC 254 Commercial St Ste 245 Portland,ME04101	00-4522404		50,000	Maine-Lee Technology Group, LLC (MLTG) has designed a novel bifunctional, fluid management sleeve for surgical gowns that solves the well-recognized contamination problem at the glove-gown interface. This contamination can lead to dangerous and costly surgical site infections. The proprietary sleeve must gain pre-market 510(k) certification from the FDA to verify that it is as safe and effective, that is, substantially equivalent, to a legally marketed device that has already gained certification. This request will help to fund this mandatory 510(k) certification.
(123) Maine Marine Composites LLC PO Box 15087 Portland,ME04112	20-4650154		21,233	Ocean Engineering, Aquaculture and Offshore Research and Development
(124) Maine Plywood USA 17 Lander Street Bingham,ME04920	86-1422890		250,000	help put all this machinery back together and accelerate the start of the plywood plant.
(125) Maine Shellfish Developers LLC 17B Maple Street Brunswick,ME04011	81-4409716		24,500	Completing the first truly on land closed-containment oyster farm
(126) Maine Space Grant Consortium 87 Winthrop St Suite 200 Augusta,ME04330	01-0532411		283,749	In the current MTI Investment, we complete the strategic plan for the Maine Space Complex (see Attachment A). As the result of the planning effort, we identified additional work that would lead to a stronger foundation for the Complex, lead to more significant benefits to the state than what would not have been possible under the current strategic plan. This additional work would facilitate more opportunities and economic growth for the Complex and the state of Maine. The first need is to secure new business opportunities for industries in the new Space Economy and the Maine Space Complex. The second need is to continue engagement with communities and stakeholders in conversation regarding the Maine Space Complex to ensure that the value proposition is clear and moving toward adoption.
(127) Maine Wood Heat Co Inc 8 Insdustrial Park Road Skowhegan,ME04976	01-0386539		166,667	While this growth has been steady, we have developed capabilities for far more value added products and services. To pursue these, we have formed Maine Metalcraft which can fabricate many highly advanced metal products of steel, iron and non ferrous metals such as stainless steel, brass, copper and aluminum. To effectively pursue this, we must hire six people over the project length of three years, and retain highly skilled workers by pay and benefit adjustments plus purchase the proper equipment to undertake more of this work as well as present work more efficiently. CNC sheet metal machines, automated welders and cutters are all on this list of needed equipment.
(128) Maine Wood Turning Inc PO Box 268 1687 New Vineyard Road New Vineyard,ME04956	01-0331285		253,333	We plan to upgrade our bolter saw operation in our sawmill from 1970s technology to current. Included will be a Custom Resaw and Return system, gang saws, and conveyor systems in and out of the saw area.
(129) Marine Solar Point LLC 109 Cleaves St Biddeford,ME04005	82-4996856		24,500	Development of clean water plan
(130) Mathematics and Problem Solving LLC 40 Walch Drive Portland,ME04043	81-1665907		190,000	Covid Pandemic Response Funding
(131) MedRhythms Inc 183 Middle St Unit 1 Portland,ME04101	47-4668808		170,000	Covid Pandemic Response Funding
(132) Mobile Price Card Inc 23 Water Street Suite 205 Bangor,ME04401	47-5087127		193,333	funds to directly mitigate the damages caused by the pandemic over the last 2 years
(133) Mook Sea Farms Inc 321 State Rt 129 Walpole,ME04573	01-0403330		76,000	Infrastructure improvements on an oyster farm for pandemic recovery and future resilience.
(134) Moorit Hill Farm Inc 57 Detroit Rd Troy,ME04987	87-4076529		19,600	Development of On-Farm Fiber Mill for Processing Small Batch Local Wool
(135) Morris Logging Inc 158 Violette Settlement Rd Fort Kent,ME04743	01-0425001		30,890	Forestry grant for Pandemic Recovery
(136) Mount Desert 365 6 Old Firehouse Lane PO Box 636 Northeast Harbor,ME04662	82-1645703		18,000	The Hub is a response to Maines Economic Development Strategys (MEDS) call for hubs of excellence with conditions present for strong economic growth. The region from lower Penobscot County to the coastal areas of Hancock and Washington Counties includes assets, infrastructure, and activities already in place that define the Hub, including health, education, transportation, and cultural services. The focus on life sciences and technology encompasses enterprises representing all of MTIs targeted technology sectors. Our goal is to put this region on the map for life sciences and technology and to help companies within the region accelerate their growth through new connections and to attract outside investment and talent. The Hub seeks funding for professional services to create a marketing strategy, branding kit, and website as the tools leading to networking, collaboration, and deliberate brokering opportunities in the region, plus promotion outside Maine to recruit new talent, innova
(137) Mount Desert Island Biological Laboratory P O Box 35 159 Old Bar Harbor Road Salisbury Cove,ME04672	01-0202467		280,000	Advancing Drug Discovery in Maine
(138) Mountain Machine Works 2589 Hotel Rd Auburn,ME04210	01-0384832		100,000	Precision Equipment, ISO 9001, Increase Sales in New England
(139) Muddy River Farm Aquaponics Muddy River Farm Aquaponics 1005 Foreside Rd Topsham,ME04086	04-2743037		31,033	Facility and Employee Benefits Development and Expansion
(140) Municipal Review Committee Inc 20 Godfrey Drive Suite 213 Orono,ME04473	01-0468832		42,467	MRCs plan is to re-open the Hampden waste facility as soon as possible to begin processing waste from its 115 member communities as well as from other commercial sources in the region. To do this, in addition to working through the real estate closing, MRC would immediately move to hire at least three positions to begin actively managing the facility. We will also need significant engineering and consultant support as we restart the facilitys equipment, which has been idle for two years.
(141) Muscongus Bay Aquaculture Inc 24 Seal Ledge Ln Bremen,ME04551	01-0524702		216,000	Funding to help Pandemic Recovery
(142) MyHealthMath LLC One Monument Way Ste 200 Portland,ME04101	82-3987976		260,000	Pandemic Recovery Funding
(143) Nauti Sisters Sea Farm LLC Nauti Sisters Sea Farm LLC 147 Northport Ave Belfast,ME04915	00-1928586		19,600	Receipt of requested funds will support purchasing additional equipment. This may include the FlipFarm oroyster cage system. Increasing the amount of oyster growing equipment achieves three main objectives:reduce labor for de-fouling, increase harvest efficiency, and increase scale in volume to improve the overalleconomic proposition of oyster farming. This may also increase safety in the workplace by decreasingstocking densities in equipment, making gear more easily managed. Increasing long term efficiency iscrucial to the viability and growth of the farm. Increased efficiency of labor is critical as we experiencedeclining labor force participation and increased nominal wages for employees.
(144) NaviTour 104 Hall Street S Portland,ME04106	86-2580048		34,300	Pandemic Response Plan to assist in restoring the tour guiding business in Maine
(145) NBT Solutions LLCVETRO 215 Commercial St 5th Floor Portland,ME04101	85-0887949		266,667	Additional Hires and Enhanced compensation, benefits or training for existing employees
(146) Nearpeer Inc 63 Federal Street Portland,ME04101	82-1621129		146,667	Accelerating growth and increasing stability amid the pandemic's aftershocks
(147) Nick Planson LLC dba Nick Planson LLC 343 Penney Rd New Gloucester,ME04260	56-1757150		25,000	Shred Electric is developing a prototype suite of off-road vehicles and boat motors that use the same battery so customers can buy one battery that they use in an electric snowbike, boat, and utility terrain vehicle. We seek matching funds to rapidly develop prototype systems leveraging available vehicle chassis and partnerships with chassis and electric propulsion manufacturers. We have validated the technology availability, market demand, and investor interest, and have the team in place to execute effectively. We are also participating in the 2023 MCE Top Gun program, and will apply to CleanTech Open's 2023 cohort.
(148) Nikel Precision Group LLC PO Box 974 Biddeford,ME04841	47-4547703		186,667	Development of a digital operator system program
(149) North End Composites LLC 23 Merrill Dr Rockland,ME04103	04-0514565		306,667	Pandemic Recovery Funding for Hiring and Retention and Manufacturing Efficiencies
(150) North Spore LLC 921 Riverside St Portland,ME04096	47-1865078		373,333	Infrastructure and supply chain improvements for post-pandemic resiliency
(151) Northern Spent Grains LLC Diggables 74 South St Yarmouth,ME04096	92-2192527		52,767	Supply chain resilience for Maine-based sustainable snacks
(152) NorthState Machine NorthState Machine 148 Vance Rd Caribou,ME04736	00-7826059		17,967	Shop Construction & Upgrades
(153) Nyle Systems LLC 12 Stevens Road Brewer,ME04412	26-3374712		449,167	Pandemic Recovery Plan
(154) Ocean Approved Inc 20 Pomerleau St Biddeford,ME04005	20-5004644		20,000	Investing in machinery to make the process more efficient, building our research capacity for new desirable species of seaweed to grow in the Gulf of Maine, and strengthening marketing staff to help support our retail product line, we will be able to better compete in the extremely competitive and dynamic retail market.
(155) Ocean Data Network Inc 183 Middle St Ste 200 Portland,ME04101	89-2965738		26,133	Coastal Ocean Data Resiliency Capacity Development
(156) Ocean Farm Supply LLC 753 River Rd Unit 1 Brunswick,ME04011	85-3826127		21,000	2023 Ocean Farm Supply Marketing Campaign
(157) Ocean Renewable Power Company 254 Commercial Street Suite 119B Portland,ME04011	80-0421551		280,000	order the manufacturing and delivery of a generator and driveline to expedite the assembly/lead time in anticipation of upcoming closing agreements with a next-in-the-pipeline customer, a municipality in Patagonia, Chile.
(158) Omnic Data Inc 16 Station Ave Brunswick,ME04011	83-2515566		230,000	Forge Accelerated Rolout Project
(159) Origin BJJ LLC 125 High Street Farmington,ME03909	45-3300007		360,000	Additional Hires: 2022 Year-End Headcount vs 2021 Year End Headcount: 30 x $50,000 Average Loaded Cost = $1,500,000Investments in New Processing Equipment: New looms to supplement/replace decades old machinery (quote provided) $159,825Automated fabric spreader (quote provided) $65,590Expansion of medical insurance program (to include dental and vision coverage) $24,390
(160) Orion Technology Group LLC Orion Technology Group LLC 18 Organug Rd York,ME04401	00-7482583		17,967	Orion AiM Artificial Intelligence Mission COVID Recovery ME
(161) Orono Spectral Solutions 25 Freedom Parkway Unit 2 Hermon,ME04101	20-1477938		29,400	Accelerated Sales Growth
(162) Our People Inc 110 Marginal Way Unit 741 Portland,ME04021	82-2172170		35,933	hire back several employees and increase sales and customer support teams.
(163) OurShelves LLC 17 Jessies Lane Cumberland,ME04021	83-1229782		35,933	Partnership Pilot to Grow Fulfillment Provider for OurShelves and Maine/New England
(164) Owl's Head Solutions Inc 4 Nabby Cove Rd S Thomaston,ME04858	45-4819912		50,000	Marketing and design can be a hard sell to the life sciences industryespecially pre-clinical stage innovators. They need to spend on R+D, and marketing and branding becomes an afterthought. To penetrate this market effectively, Owl's Head Solutions is developing a library of ADA friendly WordPress compatible blocks. These blocks allow for the rapid development of ADA compliant websites for life sciences clients at extremely competitive costs.
(165) Pair Technologies LLC 10 Water St Ste 110 Waterville,ME04901	87-1625682		14,000	We at Pair Technologies have designed a new type of tablet mount that enables users to get more productivity and comfort out of their tablet usage experience, at an affordable price. Our innovative form factor is revolutionary offering great highest screen height and most viewing angles, as well as a detachable keyboard that allows for a less cramped typing experience.
(166) Park Hill LLC 40 Fieldstone Dr Westbrook,ME043330059	83-1941303		27,767	Easy AC Screen - Keeps cold air in
(167) Pencilwrench LLC PO Box 3147 N Ft Myers,FL33918	82-4976013		50,000	Development of Pencilwrench Usage Drive
(168) Penobscot McCrum LLC 2326 Parsons Rd Washburn,ME04786	55-0863786		238,000	Dual Fuel Boiler System purchase
(169) PK Floats 32 Flyaway Drive Lincoln,ME04457	01-0538247		260,000	Natural Resources Protection Aircraft Development
(170) Polymer Laboratories & Solutions LLC 2 Portland Fish Pier 214 Portland,ME043330059	85-3475084		333,333	Next Generation Polyurethane Molded Parts Production Equipment to Support US Army Warfighters
(171) Poseidon Research LLC 690 Main St Bangor,ME04401	87-1778346		25,000	Poseidon Research, LLC seeks a $25,000 matching award through the MTI Range 1 program to finish the development of a series of novel absorbent materials. Poseidon will use the award for the development of a new polymer chemistry and bench-scale testing of plant extracts. The project will enable Poseidon to begin manufacturing and sales of a simple and safe kit for making essential oils, fragrances and homeopathic extracts from home and in the small business setting.
(172) Postcards for Parents LLC 40 Quebec St Portland,ME04101	84-4811873		24,500	Content, Marketing & Development
(173) Prapela Inc 2 Main St Ste 15-219 Biddeford,ME04005	83-0642463		19,600	develop a hospital incubator pad to improve the clinical treatment of apnea of prematurity
(174) Pumpspotting Inc 150 Rollingwood Rd Eliot,ME03903	84-4427076		35,933	expanding Workplace Lactation Programs through sales and marketing investment
(175) Quoddy Inc 550 Lisbon St Lewiston,ME04240	26-4217828		190,000	purchasing machinery, personnel and materials in order to move production of products currently made with a manufacturing partner within the Dominican Republic to our Lewiston facility as well as cover increases in volume expected in the remainder of 2022 and beyond.
(176) Ready Seafood Co 1016 Portland Rd Saco,ME04072	83-1599959		240,000	Power Delivery to a Rural Maine Lobster Business
(177) Real Time Reality Inc 695 Church Rd Bangor,ME04401	87-1720815		7,500	Hired an Innovate for Maine intern- Acquired further 5-person app development team through UMaine Capstone program- Got additional mentors from U Maine- Slight pivot to focus on B2B contracting- Found that their technology offers a 10x cost and time savings for the Film and TV industry by providing an easy completely digital and automated process for filming high concept projects. - Letters of Intent have been acquired from 2 Hollywood studios to produce content for upcoming projects of theirs and have begun putting together a pilot program for which we are seeking funding.- App team was able to create a working porototype of technology
(178) Reconnect Inc 1 Faraday Dr Ste 9 Cumberland,ME04021	84-3197644		437,467	Scaling and build foundation for our largest customer (the 3rd largest county in the U.S.)
(179) Robin A Crawford & Son Woods Co Inc PO Box 279 Lincoln,ME04457	01-0428624		216,000	ARPA Forestry Pandemic Recovery
(180) Rockport Technologies LLC Rockport Technologies LLC 24 Fairmont St Portland,ME04103	04-7604668		34,300	Bringing Production Local
(181) RockStep Solutions Inc 48 Free Street STE 200 Portland,ME04101	46-3850239		280,000	STEM job opportunities for Maine
(182) Ropeless Systems Inc ATTN David Capotosto 6 Apostolic Way Biddeford,ME04005	85-3346776		21,233	The Ropeless Riser Demonstration and Design Iteration
(183) Roux Institute 360 Huntington Ave 130 BV Boston,MA02115	04-1679980	501(c)(3)	250,000	Future of Healthcare Founder Residency
(184) Running Tide Technologies PO Box 10304 Portland,ME04104	82-2368998		106,667	Addressing Supply Chain Challenges and Strengthening Employee Experience
(185) S P Holt Corporation 20 Water St Orono,ME04473	01-0533777		40,000	Shaw & Tenney requests grant funding from MTI to support additional production capacity for their existing product lines of traditional solid wooden flat blade oars and spoon oars. This project will allow the company to pursue growth opportunities in the solid wooden oar market.
(186) Salmonics LLC Salmonics LLC 74 Orion St Ste 1 Brunswick,ME04011	00-6767094		35,933	COVID 19 Pandemic Recovery Funding
(187) Sawyer Enterprises LLC 24 Sawyer Lane Cumberland,ME04765	82-3642047		180,000	Investments in new processing equipment or labor-saving devices ; Additional hires ; Enhanced compensation, benefits or training for existing employees
(188) Sea Bags Inc 25 Custom House Wharf Portland,ME04101	56-2575468		266,667	invest in additional equipment and staff to double our output in the next three years. Covid Pandemic Recovery
(189) SeaChange LLC SeaChange LLC 492 W Elm ST Yarmouth,ME04096	04-6549828		35,933	Productivity enhancements to lower labor costs and increase profitability on a family sea farm
(190) Senscio Systems Inc 215 Ayer Rd Unit 797 Harvard,MA01451	26-4277771		192,467	Pandemic Recovery Funding
(191) Serpent Scale Systems LLC 48 Jones Point Road South Bristol,ME04568	82-6632388		35,933	Advancing Composite Dock Solutions
(192) Shelter 7 Inc 38 Shank St Lewiston,ME04240	46-2699395		20,000	A cutting edge and exceptionally high performance, Green and affordable building shell system designed to serve most all real estate sectors in a very efficient and cost effective manner. This Lego Block style construction system delivers higher long term positive financial, physical, and environmental performance and value than the vast majority of other current building systems. It provides owners with what they need and deserve relative to the very high cost of new construction today. This is accomplished by providing them with an exceptionally high quality, rugged, fast assembly and lower ownership cost structure that is destined to provide a higher resale value and ROI. In addition to these unique benefits, the system performs in a very low energy and low maintenance manner, provides for unlimited interior layout and exterior designs, and accomplishes all of this within a small environmental footprint.
(193) Singing Prairie Farms 21 Holstein Lane Newcastle,ME04453	82-4681776		39,200	COVID 19 Pandemic Recovery Funding
(194) Solve FInance Corp 63 Federal St Portland,ME04101	85-3436332		32,667	COVID 19 Pandemic Recovery Funding
(195) Soul Being LP PO Box 7149 Scarborough,ME04070	32-0512544		22,867	Accelerated Maine-based Hires for Pandemic Recovery
(196) Sparhawk Marketing LLC 10 Pemasong Ln Yarmouth,ME04096	09-6603519		35,933	COVID 19 Pandemic Recovery Funding
(197) Spring Point Solutions LLC 4 Moulton St 2nd Fl Portland,ME04101	26-2015583		19,000	The Spring Point Suite is offered in the Software as a Service (SaaS) model. Our customers are typically industrial repair, sales, and field service organizations, primarily in the electro-mechanical industry. We have developed a product (QM Wizard) that customers use within their shop. This MTI-funded project will be developing QM Wizard into an app, where customers can take jobs offline when cell or WIFI is not readily available.
(198) Springworks Farm Maine Inc 347 Lisbon St Lisbon,ME04250	47-3693160		530,000	At Springworks Farm, we believe Maine has the potential to become a leader in leafy greens production. To make this a reality, we are adding an additional 500,000 square feet of additional grow space over the next five years. The first phase of this expansion is Greenhouse #4, which will help us meet retail demand, create quality jobs, and increase access to organic local lettuce.
(199) Standard Biocarbon Corporation 2 Portland Fish Pier Ste 211 Portland,ME04101	84-4862244		934,300	Fund Request for Labor costs Associated with Narrow Project Start-Up Window Caused in Part by COVID related delays
(200) STARC Systems Inc 112 Orion Street Brunswick,ME04011	82-2920706		207,500	unbudgeted cash need due to COVID supply chain disruptions
(201) Status Grow Learning LLC 80 Parsons Rd Portland,ME04103	26-7873819		11,580	Status Grow Learning recently created an innovative team goal-tracking tool, the Small Wins Dashboard, for schools and districts. The Dashboard makes it easier for school leaders & their teams to track, share and celebrate small wins, while journey toward their big goals. The test of the no-code prototype in spring 2022 was highly successful and has already yielded the first paying customer for the 2022-2023 school year. Status Grow Learning seeks funding to develop the automated, web-based application during summer 2022.
(202) Steel-Pro Inc PO Box 449 Rockland,ME04473	01-0357730		306,667	Production Optimization Purchase Heavy Duty Internal Seam Grinding System aka Polisher to increase output capacity of a specific product for the biopharmaceutical market sector. This equipment will allow us to dedicate a space to automate a task that is typically manual and requires a fair amount of skill and turn it into a task that requires less space and hands on involvement from our employees.
(203) StopHazing Consulting LLC 148 Main St Orono,ME04473	04-0704176		69,100	Increase staff and expand online hazing prevention training
(204) Stored Solar West Enfield LLC 1231 Main Road West Enfield,ME04841	81-4349306		63,774	COVID 19 Pandemic Recovery Funding- Increase purchase price of biomass to have access to more available fuel required to operate the plant
(205) Sun Diagnostics LLC 60 Pineland Dr Brunswick Hall Suite 322 New Gloucester,ME04260	45-4460329		25,971	Lipoprotein(a) [Lp(a)] is an important but undervalued cardiovascular disease (CVD) risk factor, found by several studies to be a significant, independent predictor of CVD. The available commercial assays are generally inaccurate due to the use of antibodies that recognize apo(a) kringle 4 type 2 repeats. We have developed antisera to human apo(a) specific peptides and a prototype immunoturbidimetric assay for Lp(a) that eliminates the bias associated with apo(a) isoform size polymorphisms and allows for accurate measurement of Lp(a) particle number concentration [Lp(a)-P]. We are requesting funding for a capital purchase (chemistry analyzer and water system) and to support the assay development and standardization process.
(206) T&D Wood Energy LLC 36 LaFrancios Ln Sanford,ME04103	82-1251970		214,208	Securing raw material supply and attracting talent from outside Maine to double pellet production from pre-pandemic levels.
(207) Talus Corporation 299 Presumpscot St Portland,ME04072	04-0432402		173,333	COVID 19 Pandemic Recovery Funding
(208) Tanbark Molded Fiber Products 34 Spring Hill Road Saco,ME043330059	88-0598822		90,833	Use the funds to hire a very key position, Director of Product Design, and accelerate our growth plan into the luxury packaging market and give a pay raise to a very key employee, our Director of Operations, to bring his pay to market rate: High end product designer/packaging engineer - $125K, plus health care stipend. Raise to Director of Operations to bring closer to market rate = $30K
(209) Tardif Machining & Welding 262c Cleveland Siding Rd Frenchville,ME04073	00-5666903		42,467	Hydraulics Room Construction
(210) The Baker Company 175 Gatehouse Rd Sanford,ME04260	01-0222106		306,667	COVID 19 Pandemic Recovery Funding
(211) The Boat Yard LLC 385 Penney Rd New Gloucester,ME04862	00-7826783		49,000	Development of Battery Powered Aquaculture Processing, Custom Hauling Equipment, and Compostable Boat Shrink Wrap
(212) The Fragrance Farm Inc 151 Searsmont Rd Appleton,ME043330059	27-3379340		32,667	focus with this grant is 4 fold, 1.Build our raw material base (glass bottles for our lotion, refresher, bug spray, hand sanitizer, body butters, distilled lavender oil) totaling $20k2.Build our raw material lotion and spay base totaling $18k3.One / Two additional new hires (June October) totaling $8k4.Our pay ranges from $15-$18 per hour today with the goal to increase to $17-$20 per hour this season totaling 3k
(213) The Humane Space Inc 102 Dodge Mountain Rd Rockland,ME04841	87-3400623		30,000	The Humane Space is a lifestyle company that connects adults to curiosity, wonder, and awe, through a unique combination of education and wellness. Through various experiences, we encourage users to find their truest selves through a lifelong journey to knowledge. We do this in 3 ways: an app that promotes a daily practice of introspection, B2B internal communication channels (in Slack/Teams) that prompt creativity and community, and Humane Experiencesoff-app activities like walking tours (at hospitality properties) that bring the experience of wonder to life.
(214) The Midnight Corp LLC 37 Lane Ave Portland,ME04101	47-4312672		17,500	COVID 19 Pandemic Recovery Funding Integrations and Agility Plan
(215) The Montalvo Corporation 50 Hutcherson Dr Gorham,ME04038	01-0344406		396,667	COVID 19 Pandemic Recovery Funding
(216) The Renewable Snowmaking Company 305 Commercial St Ste 3 Portland,ME04101	82-2389155		50,000	Ski resorts are increasingly relying on snowmaking to combat the challenges of rising temperatures and less frequent snowfall. However, current snowmaking operations are costly, with upfront capital expenses for extensive piping and large water pumps, as well as high recurring operating costs, primarily due to labor and energy consumption. ReNewSnow offers a solution through our innovative SnowPod technology, which diverts water from man-made ditches and streams located throughout the mountain to nearby snow guns. The SnowPod system eliminates the need for costly high-pressure piping and large energy-intensive pumps.
(217) The Shipyard in Boothbay Harbor LLC 120 Commercial St Boothbay Harbor,ME04538	32-1701884		161,415	Composite construction for the Southport 30
(218) Theory and Principle LLC 49 Union Wharf Portland,ME04101	82-3731058		119,100	This project will focus on continued early revenue growth for Map Engine, as well as investments in new high-value automation features for the product.
(219) Thermoformed Plastics of NE LLC 362 Hill St Biddeford,ME04106	55-0802172		220,000	Invest in new molding machineOn our heavy gauge side of our business, we are quoting a 4 month plus lead time. Customers are barely accepting of those dates now but by the end of the year it would be unacceptable. They will find another vendor not as good but at least theyll get parts.We need a larger format molding machine that can pressure form (cost for machine, rigging and installation is estimated to be $240K).Promote our production coordinator to GMIn May 2021 we hired Kim Caldwell to be the GM so Paul could focus 80% on sales. Unfortunately just as Kim started, our production coordinator resigned for medical reasons. Kim assumed the production coordinator role and in early 2022 began taking on some of the GM responsibilities which has begun freeing Paul to focus on sales. Q1 2022 sales are up 53% over last year and net profit is up 144%. We want to continue the shift of moving Kim into the role of GM and Paul into sales.We recently gave Kim a $15K raise bringing h
(220) Three Girls Fishing LLC 56 Harriet St S Portland,ME04074	85-0504434		31,033	Leveraging marine technology and information technology to improve fuel efficiency and fishing performance
(221) Tidal Bore Tidal Bore 7 Wynmoor Dr Scarborough,ME04628	33-0720978		21,233	Technology momentum step change COVID 19 Pandemic Recovery
(222) Tide Mill Organic Farm LLC 91 Tide Mill Rd Edmunds Twp,ME04730	82-4648962		200,000	Securing and expanding production, processing, and distribution channels for organic poultry in Downeast Maine.
(223) Tiny Homes of Maine LLC Tiny Homes of Maine LLC 66 Industrial Dr Houlton,ME12180	00-4782440		150,000	Funds will be used to purchase precision manufacturing equipment needed, hire and train employees. COVID 19 Pandemic Recovery Funding
(224) TIS Brewer LLC 71 Dearstyne Rd Troy,NY12180	07-2620366		260,000	High Definition Five Axis CNC Plasma Table
(225) Tissue Plus LLC 61 Bacheller Street Lynn,MA01904	83-3271413		75,000	Due to the worldwide shortage in parent rolls of tissue and towel, it has become increasingly difficult to procure consistent or reasonably priced supplies of paper used to make finished good for both the At Home retail markets as well as Away from Home commercial markets. Therefore, a significant but highly competitive opportunity exists to contract convert for third party manufacturers. However, this initiative will require hiring a minimum of 6-18 machine operators to run 2-3 shifts on Tissue Pluss 5 current converting lines in the next 2-3 months. Hiring a plant manager, shift supervisors, an additional mechanic along with material handlers will also be necessary. The added employees will increase current payroll from approximately $23,000/mo to $75,000/mo. Considerable recruiting, training and technical support and infrastructure investment will be needed over the 2-3/mo startup period to transition back to a full scale, multi shift manufacturing site.
(226) TJH Management 172 Lower Main St Freeport,ME04032	84-4915908		140,000	Talent Aquisition
(227) TNT Road Company Inc 110 Charette Hill Road Fort Kent,ME04743	01-0460223		78,516	TIMBER HARVEST OPERATION ASSISTANCE COVID 19 Pandemic Recovery
(228) Tootie's Tempeh Inc 10 Westpoint Ln 202 Biddeford,ME04005	84-3429008		57,799	Vital processing equipment for tempeh-making business
(229) Tree Free Heat LLC 325 Main St Ste 218 Waterville,ME04901	86-1397867		106,233	Tree Free Fire manufactures and sells all-natural portable campfires that are easy-to-use, scentless, and made for good times. Over the course of 2022, demand for our portable campfire and fire pit kit has significantly increased. Access to funding will allow Tree Free Fire to increase production, grow national awareness, and fulfill the growing demand.
(230) Turning Acquisitions LLC 46 John Ellington Rd Buckfield,ME04220	81-3896247		52,513	Rolling Pin Assembly Automation
(231) TWIYO Inc 146 Havemeyer Street Apt 1 Brooklyn,NY11211	92-1608526		25,000	This grant will help develop our oyster farm in Maine by funding the prototype for an innovative piece of gear. We hope our innovation will benefit oyster farms throughout the state. The gear prototype is a three-dimensional oyster-growing raft that incorporates automated, solar-powered, cleaning and tumbling of the oysters. We believe these rafts will allow us, and other farms who choose to use them, to lower production costs, produce more oysters with less space, and scale operations over a shorter period of time. All of these factors would create jobs by lowering the barrier of entry to new farmers, and allowing smaller farms to grow to profitability more quickly and efficiently.
(232) University of Maine Office of Innovation and Economic Develop 5717 Corbett Hall Orono,ME04469	01-6000769	Government	328,605	Vision & Roadmap for Maine's Forest Sector
(233) Vertical Harvest Maine L3C 10 Danforth St Portland,ME04101	85-4322205		80,000	Development and operation of an indoor vertical farm located in downtown Westbrook as part of a master-planned project in partnership with the City of Westbrook. The Farm will grow produce (microgreens, petite greens and lettuce) at a commercial scale & year round. The Farm will have an inclusive labor policy employing adults with disabilities at a liveable wage. Social Finance has prepared an impact report documenting the social and environmental benefits/impacts of this Farm. The Farm is scheduled to commence construction September of 2021 and be operational first quarter of 2023.
(234) Viable Gear PO Box 10646 Portland,ME04104	00-4920516		26,250	Viable Gear is a mission driven company reducing petroleum based plastics in the aquaculture and fishing industry by producing gear from seaweed-based bioplastics. Driving demand for more seaweed to be grown in the Gulf of Maine to capture carbon and reduce macroplastics in our ocean that breakdown in microplastics and get into our food system. Viable Gear products will biodegrade after their life cycle if they are left in the water, or can be composted on land. Viable Gear needs funding to drive materials research to accelerate getting a product to market.
(235) Visible Logic Inc 615 Congress St Ste 532 Portland,ME04101	26-3265236		24,675	Branding Compass development and marketing
(236) Whole Trees LLC 800 Williamson St Madison,WI53703	26-3265236		75,000	Bringing innovative inventory systems, sales strategy and production processes to existing Maine facility to meet proven East Coast demand for the Original Mass Timber.
(237) Wicked Wild LLC 675 County Rd Lubec,ME04652	87-2133788		27,867	Development of Wild Blueberry Farming in the 21st Century
(238) Wild Mountain Nursery LLC 217 South Mountain Rd Greene,ME04068	87-4462129		27,767	Bridging the COVID Gap for Resilient Fruit Tree Production in Maine
(239) William A Day Jr & Sons Inc 28 Wild Turkey Lane Porter,ME04841	01-0453227		63,000	Additional Employees and Equipment
(240) William M Lowe Inc 6 Gordon Drive Rockland,ME04107	01-0483244		230,000	CNC Purchase & Employment Expansion
(241) Xylogen Medical LLC 9 Rand Rd Cape Elizabeth,ME04072	85-0679527		17,967	Engineering design & specification for infrastructure investment to meet current market demand (IDEXX)
(242) Yale Cordage Inc 77 Industrial Park Rd Saco,ME04102	01-0411986		346,667	PROCESS IMPROVEMENTS
(243) Zootility Co 2301 Congress St Ste 3 Portland,ME04101	27-4610016		200,000	Scaling Precision Manufacturing by Using Software Automation and Hiring Laser Technicians

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

239

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2022

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) Covid Pandemic Response Funding	1	146,667
(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

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.

Schedule I (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Yes

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2022

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1Brian Whitney President	(i) (ii)	0 ------------- 119,150	0 ------------- 0	0 ------------- 0	0 ------------- 10,485	0 ------------- 42,656	0 ------------- 172,291	0 ------------- 0

Schedule J (Form 990) 2022

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
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.
Part I, Line 7	In December 2022, the Organization paid out bonuses to staff based on their efforts while the entity changed their program structure, unrelated to any financial performance metric. The Organization received approval for the issuance of bonuses from the board while meeting in executive session.

Schedule J (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Return Reference	Explanation
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 8 Venture Avenue Brunswick, ME 04011 EIN: 01-0529871 The Maine Technology Institute is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

Maine Technology Institute

Employer identification number

01-0529871

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)State of Maine State House Station Augusta,ME04333		ME		Government			No

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2021

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) Maine Technology Holdings 8 Venture Avenue Brunswick Landing Brunswick,ME04011 45-2908148	Research & Development	ME	Maine Technology Institute	C			100.000 %	Yes

Schedule R (Form 990) 2021

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

Yes

d Loans or loan guarantees to or for related organization(s) ............................

Yes

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

Yes

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) State of Maine	O	176,557	Amounts received
(2) State of Maine	C	8,369,431	Amounts received

Schedule R (Form 990) 2021

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2021

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2021

Additional Data

Software ID:
Software Version:

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	14,371,752	34,470,111
9	Program service revenue (Part VIII, line 2g) .........	315,271	1,295,660
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	166,670	392,679
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	14,853,693	36,158,450
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	11,637,542	31,365,685
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	983,095	1,082,475
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	2,470,842	3,050,488
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	15,091,479	35,498,648
19	Revenue less expenses. Subtract line 18 from line 12.......	-237,786	659,802
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	19,619,742	22,300,505
21	Total liabilities (Part X, line 26).............	17,716,082	19,737,043
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,903,660	2,563,462

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 33,565,491 including grants of $ 31,365,685 ) (Revenue $ 1,295,660 )
	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

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses33,565,491

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) Rosaire Pelletier........................................................................ Past Director	2.00 .......................	X		0	0	0
(19) Brian Whitney........................................................................ President	40.00 .......................		X	0	119,150	53,141
(20) Gregory N Lee........................................................................ Director of Finance & Administration	40.00 .......................		X	94,575	0	16,630

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	94,575	119,150	69,771

1	Briefly describe the organization’s mission or most significant activities: Provides funding to subrecipients in the State of Maine.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	11
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	11
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	12
6	Total number of volunteers (estimate if necessary) .............	6	130
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

(A) Name and business address	(B) Description of services	(C) Compensation
C&P Management Services LLC 82 Homestead Road Washington,ME04574	Technical Consulting Services	148,058
Matthew Hoffner 30 Pleasant Cove Ln Diamond Cove,ME04109	Executive Advisory	108,368



2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 2

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	34,470,111

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		34,470,111

		Business Code
2a	Royalty Income	900099	805,154	805,154
b	Interest on Loans	900099	366,985	366,985
c	Loss Reserve	900099	122,274	122,274
d	Miscellaneous Revenue	900099	1,247	1,247
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		1,295,660

3 Investment income (including dividends, interest, and othersimilar amounts) ......			392,679			392,679
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)			6c
d	Net rental income or (loss).......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory			7a
b	Less: cost or other basis and sales expenses			7b
c	Gain or (loss)			7c
d	Net gain or (loss).........
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a
b	Less: cost of goods sold ..		10b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See instructions.....			36,158,450	1,295,660	0	392,679

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	31,219,018	31,219,018
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	146,667	146,667
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	111,205	22,241	88,964
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	739,961	648,714	91,247
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	36,852	32,319	4,533
9	Other employee benefits .......	132,287	112,970	19,317
10	Payroll taxes ...........	62,170	44,762	17,408
11	Fees for services (non-employees):
a	Management ......	379,508	226,092	153,416
b	Legal .........	87,814	12,605	75,209
c	Accounting ...........	44,324		44,324
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	382,482		382,482
12	Advertising and promotion ....	695,140	607,200	87,940
13	Office expenses .......	13,523		13,523
14	Information technology ......	103,276		103,276
15	Royalties ..
16	Occupancy ...........	77,655		77,655
17	Travel ............	9,895		9,895
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	300		300
20	Interest ...........	882		882
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	16,222		16,222
23	Insurance ...	21,803		21,803
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	Program Review	1,073,598	492,903	580,695
b	Miscellaneous Expense	144,066		144,066
c
d
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	35,498,648	33,565,491	1,933,157	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			768,273	1	58,703
2	Savings and temporary cash investments .........			8,767,676	2	10,649,700
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			15,506	4	884,367
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........			7,447,471	7	6,236,805
8	Inventories for sale or use ............				8
9	Prepaid expenses and deferred charges ......			146,385	9	163,759
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	294,856
b	Less: accumulated depreciation	10b	264,906	31,255	10c	29,950
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....			2,443,176	12	4,009,600
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14	267,621
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 33)...			19,619,742	16	22,300,505

17	Accounts payable and accrued expenses .....	111,368	17	190,203
18	Grants payable ...		18
19	Deferred revenue .........	17,598,117	19	19,277,177
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	6,597	25	269,663
26	Total liabilities. Add lines 17 through 25..	17,716,082	26	19,737,043

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	1,903,660	27	2,563,462
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	1,903,660	32	2,563,462
33	Total liabilities and net assets/fund balances ........	19,619,742	33	22,300,505