Any institution -- private companies, academic institutions, accelerators, and non-profits – that currently has or plans to have a presence in Massachusetts is eligible to apply. All for-profit applicants will require a partnership with an institute of higher education, a nonprofit organization, or a public or quasi-public entity located within Massachusetts.
When the Massachusetts legislature established the M2I2 program, they required that all recipient teams include academic institutions, nonprofit organization, or public or quasi-public entity. These partnerships help ensure that investments more broadly benefit the Massachusetts ecosystem.
IP ownership and rights are not impacted by a M2I2 grant - MassTech does not receive or claim any rights to IP created as a result of a M2I2 grant. IP terms of M2I2 partnerships are set directly between project partners.