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’S BICENTENNIAL OFFERS OPPORTUNITY TO REFLECT ON MAINE’S AMAZING LEGACY OF INGENUITY WHILE ALSO HIGHLIGHTING HOW INNOVATION CAN HELP PROPEL US FORWARD
Yesterday, Governor Janet Mills and community leaders in Presque Isle, Bangor, Portland and Augusta joyously kicked off Maine’s bicentennial. At the various ceremonies, the Governor dedicated commemorative pine groves, raised the bicentennial flag, and announced a series of events to celebrate the milestone. She also announced the availability of $375,000 More »
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Portland cybersecurity startup looking to double workforce
Posted Aug 20, 2019
(Reprint from NewPORTLAND, Maine — Can your business afford a cyberattack? It costs companies an average of about $3.92 million after hackers are done stealing sensitive data and information from customers, according to IBM. But it also cores a businesses' reputation. Read more here.
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