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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MAINE TECHNOLOGY INSTITUTE RELEASES ANNUAL REPORT
$57 Million in Awards Issued to Maine Companies. More than 5,350 Jobs to be Created, $1.4 Billion in Economic Impact to Be Generated It’s hard to fathom but another year is drawing to a close. And, as many of you know, it’s been an extraordinarily busy one for the Maine More »
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Ocean Approved raises $2M on plans to reinvent seaweed for a retail consumer
Posted Jan 22, 2019
(Reprint from Maine Startups Insider 1/19/2019) - Ocean Approved, a Saco-based company that has for several years farmed, processed and sold kelp to restaurants and wholesale distributors, has raised $2 million on plans to scale up and enter the retail market with a new line of kelp products. Read more here.
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