LD 169 – LD 169 – An Act To Authorize a General Fund Bond Issue To Stimulate Investment in Innovation by Maine Businesses To Produce Nationally and Globally Competitive Products and Services

Senator Louis Luchini-D The funds provided by this bond issue, in the amount of $100,000,000, will be used to provide funds for investment in research, development and commercialization in the State’s 7 targeted technology sectors to be used for infrastructure, equipment and technology upgrades that enable organizations to gain and hold market share and to expand employment or preserve jobs, to be awarded through a competitive process to Maine-based public and private entities, leveraging other funds in a one-to-one ratio.
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