Investing in innovation for a prosperous Maine
MTI offers grants, loans, equity investments, and services to support Maine’s innovation economy. We support new ideas, products, or methods with the potential to grow and diversify Maine’s economy and increase the number of quality jobs throughout the state through direct support of innovators and through support of programs and infrastructure that encourage innovation.
MTI had its most impactful year to date in Fiscal Year 2018. Read our Annual Report to learn more about the 5,350 jobs expected to be created and $1.4 Billion in economic impact to be generated.
Recently, MTI has developed a new strategic plan. Read about our transition to the new application, review and funding processes.
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MTI’s 20th Anniversary Celebration Nearly Sold Out
On October 7th, MTI will celebrate its 20th anniversary at the Hilton Garden Inn in Freeport. The event is scheduled to begin at 5 PM and will run until 8 PM. This occasion will provide us an opportunity to bring together Maine policy-makers, entrepreneurs, portfolio companies, investors and innovators for More »
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Whole Oceans gets submerged land leases for Bucksport salmon farm
Posted Oct 21, 2019
(Reprint from Mainebiz 10/21/2019) - The state has granted two submerged land leases to Whole Oceans LLC, which will allow the Portland-based aquaculture company to begin underwater work on a salmon farm at the former Verso Paper mill site in Bucksport. Read more here.
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