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.
As always, there have been quite a few updates and news stories in Maine’s innovation economy since I last wrote. From an insightful and thorough look at our state’s performance, to some exciting announcements from a few of the organizations that help drive growth in Maine, there’s a great deal More »All Blog Posts »
Posted May 16, 2019
BRUNSWICK, Maine – The Maine Technology Institute (MTI) was named the “2019 Financial Services Champion of the Year” by the Maine District Office of the U.S. Small Business Administration. Read the full press release below.All News Entries »