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Accelerating Maine Innovation

MTI offers grants, loans, equity investments, and services to businesses, organizations, and entrepreneurs to support Maine’s innovation economy.

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Learn More About Our Funding Programs

From groundbreaking ideas to visionary entrepreneurs, we’ve catalyzed economic growth in every corner of our state.

Bluesonde

Easy-to-Use Smart Buoys Benefit Coastal Communities

Access to MTI’s early-stage funding has been one of our biggest advantages. Many startups struggle to secure capital before they are ready for angel or VC investment, and MTI’s tech-focused grants help bridge that gap and accelerate progress. –John Williams, Co-Founder, Bluesonde Technologies Easy-to-Use Smart Buoys Benefit Coastal Communities Bluesonde Technologies is rethinking how…

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Viable Gear

Reporting is clear and manageable – something that’s often a pain point with grants – but MTI strikes a great balance by keeping things streamlined while still maintaining strong oversight and due diligence. MTI is truly fantastic to work with! –Katie Weiler, Founder & CEO, Viable Gear With almost 400 million metric tons…

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HighByte

MTI is one of the friendliest investors that a Maine company can hope to work with. –Tony Paine, Co-Founder & Chief Executive Officer, HighByte Inside HighByte: Helping Manufacturers Make Sense of Their Data In many manufacturing environments, important data is spread across machines, systems, and software that don’t easily work together. When teams can’t…

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Apriqot

By turning complex data into clear, decision-ready intelligence, Apriqot is strengthening Maine’s public health system, enabling faster, more coordinated, and more effective responses across agencies and communities. –Ken Shapiro, CEO, Apriqot Turning Fragmented Data Into Actionable Insight Apriqot is reshaping how public health leaders understand and respond to community needs. Founded in 2023, the…

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President’s blog

April Updates: MTAF 3.0 Celebration, Startup Maine Week, and More

As we inch towards spring, I am pleased to share some exciting events and news. Last week, business leaders, innovators, and state officials gathered at the Maine State Capitol to celebrate the Maine Technology Asset Fund (MTAF) 3.0 and the proven impact of the Maine Technology Institute (MTI), one of the most successful economic development…

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Blue Ox Malthouse

Maine has a wealth of programs and resources—MTI included—that really make it possible for first time entrepreneurs and small businesses to go from an idea to a fully fledged commercial business.

–Joel Alex, Founder, Blue Ox Malthouse

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