Maine Technology Institute

PURPOSE: 40grid develops and delivers the most effective business-process-automation SaaS solution for field-service businesses. While operating in stealth mode, 40grid signed several customers, including a few of the largest pest management companies in the United States, and its minimum viable product has been in production for some customers since 2020. Now, 40grid seeks additional funds to grow its Portland (ME)-based headquarters and add features to its SaaS solution in advance of its inaugural sales and marketing campaign.

PURPOSE: Our innovative and added value service entails marketing and bringing value to a newly developed LG transparent LED thin film targeted at the digital display needs of convenience store retailers. The film is transparent from inside the store, yet provides a medium for dynamic and eye catching graphics which attract customers to visit the store and improves retailer sell through and profitability. This technology application will replace paper and stick on signs (a very large market) that are static and must be changed frequently. Abierto Networks, through an MOU which forms the basis for a contract in process, has the exclusive right to advance this technology to all major N. American convenience store retailers. Helping to enable this will be Abierto's dynamic content software engine and graphic design development expertise.

PURPOSE: Profit Decoder is a web app that gives entrepreneurs a grip on their profitability in minutes. We lead entrepreneurs through a guided process to understand their numbers, determine how to improve and create a growth plan. Profit Decoder shows the sales needed to be profitable and the key levers that change profitability. We give business owners plainspoken answers to questions that keep them up at night. Questions like: How will sales volume impact profitability? Should prices be raised or lowered? How will changing costs impact profits? What products and services generate profits? After prototyping Profit Decoder with over a hundred entrepreneurs, we have seen how Profit Decoder transforms peoples businesses and lives. Given the ravages of COVID-19, there has never been a more critical time to support small businesses that are the backbone of our communities. We seek funding to move from a prototype to fully operational web app.

PURPOSE: A spectrum of random frequencies technology is the basis of the SR-100 wearable device. It delivers gentle, random vibrations to muscles to improve the wearers ability to control their movements. The SR-100, a signal is applied in the form of gentle mechanical stimuli (i.e., vibrations), which aids the body's proprioceptive and sensorimotor system due to the electrical nature of the information transfer in sensory neurons. Low-level electrical noise signals can cause small changes in receptor transmembrane potentials. Transmembrane potentials are vital for sending messages to and from the central nervous systems. This makes neurons more likely to fire an action potential in the presence of a weak signal, thus enabling the intended limb movement or action of the user. You can think of this as a step stool or pedestal to help you reach things on an upper shelf. The stimulation simply assists with the natural neurological function.

PURPOSE: Applicant has yet to launch their 3d web metaverse platform but has revenue through their consulting/professional services in the same field and provided two LOIs from potential customers for when their product launches.

PURPOSE: Production capacity expansion