Dates & Deadlines
- 2/7/12 - Tech Start Grant Deadline Applications Due by 5 p.m.
TechStart Grants…

- 2/14/12 - Calling All Creative Entrepreneurs (Part of Maine's Entrepreneurship Week - February 11-18) Sponsored by the Small Enterprise Growth Fund…

- 2/16/12 - Creative Portland's 2 Degrees Networking Event Sponsored by The Maine Technology…

- 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…

Ocean Farm Technologies
Floating fish farms are easier to tend when constructed in sheltered waters. But that means that coastal views are disrupted and waste can accumulate despite the motion of waves. So farmers install expensive feed monitoring equipment or tow the pens to new locations—thus burning fuel and increasing cost. In waters off Puerto Rico, researchers from Massachusetts Institute of Technology test a self-propelled spherical fish cage made by Ocean Farm Technologies. About 20 yards wide, the fully submerged cage is designed to migrate from place to place using slow-moving propellers. (Business Week, Green Biz)
Ocean Farm Technologies Inc., (OFT) located in Searsmont, develops and markets innovative technology for aquaculture in exposed open ocean conditions. The patented Aquapod™ is a unique containment system for marine aquaculture, suited for rough open ocean conditions and a diversity of species. OFT has received MTI Seed Grants, a Development Award and SBIR assistance. From 2004-2010, OFT has raised $1 million of private capital and $400,000 in SBIR funding. Its Aquapod systems have been deployed in South Korea and Mexico for offshore cod and shrimp aquaculture.
Companies using Ocean Farm Technology’s net pens represent a new and growing number of firms globally pursuing sustainable open ocean aquaculture. In the future, says Cliff Goudey, director of MIT's Offshore Aquaculture Engineering Center, the cages could be tied to floating platforms bearing lights, positional sensors, and monitoring gear—all powered by wave motion or solar cells. Such systems would be almost autonomous, though people would still have to replace the feed. (Business Week, Green Biz)
Ocean Farm Technologies Inc.
114 Higgins Rd. N.
Searsmont, Me 04973
Phone: +1-888-540-5554
Fax: 207-433-1300
Innovators in the News
- 1/30/12 - Reports highlight potential of Maine ocean power (From Bangor Daily News) — The waves and tidal currents off the coast of Maine represent a…

- 1/30/12 - New CLYNK Technology Tracks Recylcling's Environmental Impact (From MaineBiz) - South Portland-based CLYNK, a bottle and can redemption company, recently launched…

MTI News
- 2/3/12 - TechStart Awardees - January 10, 2012 Deadline Click here for a list of TechStart Grants awarded from the January 10, 2012 deadline.

- 1/31/12 - Blackstone Accelerates Growth, an Innovative, Maine-focused Entrepreneurship Program names John Voltz as Executive Director to lead the efforts to encourage entrepreneurs and spur innovation across Maine January 31, 2012 --Today, Blackstone Accelerates Growth, a statewide initiative involving the Maine…

MTI Blog
- 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…

- 12/1/11 - How Adding Value Adds Maine Jobs Sometimes, MTI funding results directly in a business’ ability to raise follow-on capital…


