The Development Award Program provides funding to support technology-based product, service, and process development projects in Maine. Applicants must submit a comprehensive application outlining their project, commercialization plan, management team, and financial projections. Applications go through a multi-step review process involving peer reviewers, a review committee, and potential interviews. Top projects are recommended for funding, with awards requiring repayment once a project is commercialized. The program aims to support innovation, job growth, and economic impact in Maine.