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.
Blog:
MTI Welcomes Two New Staff and Reluctantly Says Goodbye to Another
Kurt Vonnegut once wrote, “It’s the emptiest and yet the fullest of all human messages: Goodbye.” Longtime MTI contractor and employee Martha Bentley has accepted a new position with the Maine Department of Economic & Community Development (DECD) and will start in the new role on July 1. While we More »
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Mergers and partnerships: Clean energy rises to the next level in Maine
Posted Jun 26, 2019
(Reprint from Mainebiz 6/24/2019) - Like many ideas that bloom into successful businesses, Pika Energy started in a basement. Read more here.
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