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:
It’s Time Again to Start it Up!
Maine’s annual three day “Startup Maine” Conference Convenes June 19th Mainers are always thrilled when the month of June rolls around. It’s the official start of summer in Vacationland and we all joyously unpack and unwrap our barbeque grills, lawnmowers, boats, motorcycles and convertibles to commence months of escapades and More »
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ORPC picks up three wins on path to commercialization
Posted Jun 12, 2019
(Reprint from Mainebiz 6/12/2019) - Ocean Renewable Power Co., a marine energy company based in Portland, racked up three big wins this month that significantly advance the commercialization of its renewable river and tidal energy systems. Read more here.
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