Please do not leave this page until complete. This can take a few moments.
Maine voters in November will decide whether the state should issue $25 million in bonds to fund research, development and commercialization of new technology.
The ballot measure, which the Maine Legislature passed and Gov. Janet Mills signed, is known as Invest in Maine's Future and will appear as Question 2.
The money would go to support technological innovation in a range of emerging sectors and legacy industries, including life sciences, composites and advanced materials, renewable energy, forestry, aquaculture and more.
The Maine State Chamber of Commerce and other supporters of the bond issue say it would leverage other funding and increase economic opportunity for Maine businesses.
The initiative is one of three bond proposals on the Nov. 5 ballot. Together they would represent $65 million in obligations for the state.
Maine voters last approved an R&D bond in 2017.
Maine voters in November will decide whether the state should issue $25 million in bonds to fund research, development and commercialization of new technology.
The ballot measure, which the Maine Legislature passed and Gov. Janet Mills signed, is known as Invest in Maine's Future and will appear as Question 2.
The money would go to support technological innovation in a range of emerging sectors and legacy industries, including life sciences, composites and advanced materials, renewable energy, forestry, aquaculture and more.
The Maine State Chamber of Commerce and other supporters of the bond issue say it would leverage other funding and increase economic opportunity for Maine businesses.
The initiative is one of three bond proposals on the Nov. 5 ballot. Together they would represent $65 million in obligations for the state.
Maine voters last approved an R&D bond in 2017.
Use some of the "rainy day" funds to offset this amount
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
The State has never handled research funds responsibly. MTI sets their requirements too high. They have only stood up for specific areas of science and technology. The State needs to develop a non-discretionary research program that doesn't require a bank and an army of people to get funds. They have marginal grant writers and worse advisors.
A solid government funded research program should focus on getting startups and inventors to a prototype production which can then be demonstrated to more people in bigger, wealthier communities. What % of this $25million will end up in the hands of advisors and consultant that match the politics in the game?
Private funding for R&D should each offer their own programs without duplicating innovators served. Once they have the prototype, then the external Venture Capital will fund everything.