About MTI

من هي MTI؟

Founded and funded in 1999 by the Maine State Legislature, MTI offers grants, loans, equity investments, and services to foster 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.

Empowering Maine’s Innovators Since 1999

$372M

Funds deployed

4,000+

Projects across Maine

All 16

Maine Counties

$2.2 Billion+

Private sector co-investments

MTI also supports Maine’s innovation economy through event sponsorships that promote innovation and entrepreneurship in Maine. Our goal is to support and promote innovators and innovative technologies in order to generate high-quality jobs across Maine, grow and accelerate revenues, and attract and leverage additional capital or other investments.

MTI plays a key part in the State’s economic development strategy and is a significant driver in expanding research and development, creating new innovative ventures. Since its founding, MTI has distributed over $372 million across more than 4,000 distinct projects throughout the State of Maine.

Consistent with our statute, we work with partners across the State of Maine to “encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in the State’s technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people.”

I’m incredibly thankful to be running a business in Maine. The abundance of resources here makes it easier for entrepreneurs to thrive.
–Julie Campilio, Founder, Roots Up

Read Innovator Spotlight

Learn more about MTI