7/14/2009
Maine Technology Institute Awards Seed Grants for Composite Companies
For more information visit: www.mainetechnology.org/

The Maine Technology Institute board of directors has approved more than $150,000 in seed grants to 15 Maine technology companies, including two composite companies.

Argus Bicycle of Van Buren will build a newly patented carbon fiber harness racing sulky. The new sulky will use a miniaturized race car steering and handling system.

Applied Ingenuity, Standish has been funded to develop the IVPT-IV Pole Transport Device. The IVPT is an optimization device for the transportation of groups of poles in any setting. The IVPT will increase manpower efficiency by at least 100 percent. The IVPT will be made out of composite materials and produced by a precision manufacturer.

Steve Von Vogt, Executive Director
Maine Composites Alliance
P.O. Box 129
Portland, ME 04112
svonvogt@mainecompositesalliance.org
(207) 828-1414
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