Dates & Deadlines
- 2/28/12 - Portland - CIP Workshop: Overview of the Cluster Initiative Program Join Us on Tuesday, February 28th from 10:00…
- 3/1/12 - Development Loan Deadline Applications Due by 5 p.m.
Development…
- 3/1/12 - MTI Office Day in Orono Shane Beckim, of the Business Innovation…
- 3/6/12 - Cluster Initiative Program Webinar Join us from 1:00 - 3:00 PM on Tuesday, March…
- 3/6/12 - Tech Start Grant Deadline Applications Due by 5 p.m.
TechStart Grants…
- 3/7/12 - TechStart Grant and Seed Grant Webinar JOIN US on March 7th from 10:00 AM…
- 3/26/12 - SBIR (Small Business Innovation Research) MTI Webinar JOIN US for an SBIR Webinar on Monday, March…
- 4/12/12 - Seed Grant Deadline Applications Due by 5 p.m.
MTI Seed Grants of…
- 4/18/12 - Business Innovation Program Webinar - Development Loan and Business Accelerator Grant JOIN US on April 18th from 10 - 11:30 AM for…
- 5/1/12 - SAVE THE DATE: MTI Mixer SAVE THE DATE: MTI Mixer
Hosted By:…
- 5/9/12 - SBIR/STTR National Institutes of Health Workshop COME JOIN US for the National Institute of…
- 7/5/12 - MTI Office Day in Orono Shane Beckim, of the Business Innovation…
Maine Technology Asset Fund
Creating and retaining good jobs, leveraging private and federal investment and driving Maine’s business growth through collaborations.
MTAF award recipients represent every aspect of Maine’s innovation economy – from non-profit research firms, to university-based programs, to for-profit businesses – and span the state. They all share a common goal of expanding the possibilities for the future for the people and economy of the state of Maine.
$52.85 million invested
$82 million leveraged in private and federal funds*
*amount leveraged at time of the award, some projects have since leveraged significantly more
MTAF Economic Impact Data
TOTAL AWARDS APPROVED for multi-year projects $52,855,611
FUNDS REIMBURSED AS OF JUNE 30, 2011 $26,772,902
NEW JOBS CREATED* as of June 30, 2011 477
EXISTING JOBS PRESERVED* as of June 30, 2011 414
NEW PRODUCTS AND/OR SERVICES DEVELOPED 12
NEW PATENTS OR OTHER INTELLECTUAL PROPERTY PROTECTION 51
NEW GRANT OR CONTRACT FUNDS SECURED $99,608,820
NEW DEBT OR EQUITY INVESTMENT COMMITTED $23,750,000
*Jobs in Maine’s technology sectors historically pay 37% higher than the average Maine wage.
MTAF Chronology
2007 Maine Voters approve $50 million bond to create the MTAF
2008 First Round of MTAF awards of $24.8 million
2009 Second Round of MTAF awards of $20.8 million
2010 Maine Voters approve additional $3 million bond
2010 Third Round of MTAF awards of $7.2 million
Innovators in the News
- 2/22/12 - Harbor Technologies, LLC manufactures the Harbor Pier, the first all composite pier DEI, home to Maine’s first public shellfish hatchery, is a growing institution offering marine…
- 2/22/12 - A Waterville company hopes its corn protein patents will create products and jobs in the potato industry (reprint from MaineBiz) Those seeking locally grown advances in agriculture haven't…
MTI News
- 2/21/12 - REVISED - 20 Entrepreneurs across Maine receive $411,268 in MTI Seed Grants leveraging $626,880 in additional investment At its February meeting, the Maine Technology Institute (MTI) Board of Directors awarded $411,268 in…
- 2/3/12 - MTI Awards 4 Maine Entrepreneurs with TechStart Grants totaling $20,000 Maine Technology Institute (MTI) recently announced its third round of TechStart Grants to Maine…
MTI Blog
- 2/1/12 - Collaborations at Work As MTI moves forward with our work to fund and grow Maine's innovative companies to create and…
- 1/6/12 - Good Jobs and New Financing- Maine's R&D investments show results As we turn the corner to this New Year, there are some terrific new examples to share that…