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 another impactful year in Fiscal Year 2019. Read our Annual Report to learn more about the amazing organizations and innovations that were supported.
Recently, MTI has developed a new strategic plan. Read about our transition to the new application, review and funding processes.
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MTI Welcomes New Team Members
Over the past month, MTI has been fortunate to add three key members to augment its exceptional staff to help keep pace with the increased workload associated with our new funding approach. It was encouraging that we received dozens of impressive, high-quality applications for the openings, especially given that the More »
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Friday.app raises $450,000 to power the rise of remote work and complement workplace chat tools
Posted Feb 19, 2020
(Reprint from Friday.app Press Release 2/19/2020) PORTLAND - Friday.app , a Portland, Maine based tech startup that builds communication software for distributed teams, announced a $450k pre-seed round of investment led by Underscore.vc , a Boston-based venture capital firm backing bold early-stage entrepreneurs. Read the full press release below.
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