Earlier this month the Legislature voted to send a bond proposal to the voters seeking authorization for $50 million to help research and development firms in Maine to invest in infrastructure, equipment and technology upgrades. The bill was signed by Governor Le Page on April 15. If approved by voters, the bond will provide $45 million to the Maine Technology Asset Fund, which is managed by the Maine Technology Institute and provides businesses with funding for capital expenditures like buildings and large machinery, and $5 million to the Maine Venture Fund, which provides venture capital to promising Maine startups. Read full article
Gov. Le Page Signs $50M R&D Bond Bill to Boost Maine’s Innovation
Related Posts
Maine’s first mobile biolab starts tour of rural schools in Fort Kent
FORT KENT, Maine — Fort Kent middle schoolers are the state’s first students to learn at the newly unveiled Maine Mobile Biolab, a 50-foot,...
UMaine Augusta’s $1.75M medical lab training facility doubles student capacity
Anew medical lab training facility on the campus of University of Maine Augusta is nearly six times larger than an off-campus space...
UNE receives grant to research state-threatened animal
The University of New England has received a grant from the Maine Department of Inland Fisheries and Wildlife to study one...