1. ………In Maine
John Karp

2. Federal:
 SBIR’s, STTR’s,
 Direct contracts,
 USDA Rural Development Funding

3. State:
 Maine Technology Institute
 University Research efforts
 Small Enterprise Growth Fund
 Maine Manufacturing Extension Partnership
 Seed Capital Tax Credit (60%)
 Fed-State: Workforce boards (occasionally…)

4. Private:
 State Seed credit helps, Individuals, Maine
Angels, Funds such as Anania and Associates
Investment Company (uses SCTC)
 Corporate investment, re-investment, re-
investment, re-investment re…you get the idea.

5. State-Federal
University of Maine research at LASST
Federal SBIR’s, MTI assistance and grants
Patent License to Environetix
Private Partnerships Environetix- Customers
Further research to expand offerings
-Funded by Environetix and customers

6. State
Seed capital tax credit (then 40%) inspired investment
by private group
MTI grant expanded product offerings
Growth and more R&D funded by investors AND profits

7. State / Federal / Private
MTI Development Loan
SBIR’s
Maine MEP
(Manufacturer of the Year Award 2012)
Medtronic

8. State / Federal / Private
Private Investors founded
Small Enterprise Growth Fund Invested, stuck by long after many would have
fled
MTI seed grant for more efficient production technology
Federal NETAAC funding for improved operations management system and
improved manufacturing efficiencies
More private investment ( )…AND profits!