Dates & Deadlines
- 5/23/13 - Funding workshop with MTI and The First Come learn about financing options available…
- 5/24/13 - Funding Workshop with MTI and Norway Savings Bank Come learn about financing options available…
- 5/30/13 - Funding Workshop with MTI and Camden National Bank Come learn about financing options available…
- 6/4/13 - TechStart Grant Deadline All applications due by 5pm
TechStart Grants…
- 6/20/13 - 2013 New England Regional SBIR/STTR Summer Session Increase your chances of winning an SBIR/STTR…
- 6/26/13 - Internet Marketing: SEO and Beyond for Business Success Presented by Maine International Trade center…
- 7/2/13 - TechStart Grant Deadline All applications due by 5pm
TechStart Grants…
- 7/9/13 - Development Loan Deadline All applications due by 5pm.
Development…
- 8/20/13 - Seed Grant Deadline Applications Due by 5 p.m.
MTI Seed Grants of…
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
as of June 30, 2011
$52,855,611 APPROVED for multi-year projects
$26,772,902 REIMBURSED AS OF JUNE 30, 2011
289 NEW JOBS CREATED*
303 JOBS PRESERVED*
263 NEW JOBS* CREATED IN INDUSTRY
1,465 JOBS* PRESERVED IN INDUSTRY
12 NEW PRODUCTS AND/OR SERVICES DEVELOPED
51 NEW PATENTS OR OTHER INTELLECTUAL PROPERTY PROTECTION
$99,608,820 in NEW GRANT OR CONTRACT FUNDS SECURED
$23,750,000 NEW DEBT OR EQUITY INVESTMENT COMMITTED
*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
Map of MTAF Award Recipients and Project Partners
Innovators in the News
- 5/17/13 - ORPC Featured on June 2013 cover of Popular Science JUNE 2013 - Ocean Renewable Power Company (ORPC) has been chosen as the cover story for June's issue…
- 5/16/13 - ImmuCell sales up, led by bovine immunity booster (Reprint from MaineBiz 5/16/2013) PORTLAND - Portland-based ImmuCell Corp. announced its first…
MTI News
- 5/22/13 - Blackstone initiative embedded into MTI (Reprint from MaineBiz 5/22/2013) - Blackstone Accelerates Growth, the $3 million effort to…
- 4/30/13 - Maine Technology Institute will present a second round of workshops in their statewide campaign working with Maine community banks to reach and grow Maine technology-based businesses For Immediate Release
April 30, 2013
Contact: Catherine Marin, 207-203-2071
Building on…
MTI Blog
- 3/25/13 - Culture Value One of the objectives we have at the Maine Technology Institute is to help sustain a culture of…
- 1/23/13 - Pinecone Valley: Maine's Hidden Asset When folks talk about hubs of innovation and entrepreneurship, the list invariably includes Silicon…