Calling all doers, innovators and pioneers
MTI works with Maine inventors in garages all the way up to publicly traded companies who are conducting research and development. We provide funding and assistance to help convert your innovative ideas into new products, processes or companies. View the video above to learn more.
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.
Dates & Deadlines:All upcoming Events »
Earlier this month, MTI held its 20th anniversary celebration. It was a wonderfully positive and uplifting evening of innovation appreciation. The room was filled with dignitaries, entrepreneurs and people who have contributed meaningfully to MTI’s success over the past 20 years. We were honored to be able to recognize all More »All Blog Posts »
Posted Nov 18, 2019
(Reprint from Mainebiz 11/18/2019) - Ready Seafood, a Saco-based supplier of live and processed lobster, has acquired Hancock Gourmet Lobster Co. of Topsham. Read more here.All News Entries »