News & Articles

MCED's goal is to make a difference in the success of Maine scalable entrepreneurs, enabling them to accelerate their growth. Over the years, MCED's clients have emerged as leaders in their industries from world class tidal energy technology to web design to software applications.
News & Articles

Davo Technologies wins MTI Development Loan

MCED MoneyTrack client Davo Technologies LLC received a $200,000 development loan from MTI in March. MTI offers Development Loans of up to $500,000 three times a year. They are meant to support the conversion of innovative research into new products, processes and companies in Maine.  

The next Development Loan Application deadline is June 28, 2016 – Notice of Intent to Apply is required by June 7, 2016.

Award Amount $200,000
Match Amount $200,000