Mainers Resilient and Unified in the Face of Adversity

Good afternoon.  It’s obviously a disquieting and uncertain time.  So much has changed in our state and nation over the past two weeks. Yet, Maine, its people, and its businesses have always been resilient and unified in the face of adversity. We know we will continue to embody those characteristics as we face this challenge… Read more »

Grants of up to a Half-Million Dollars Available from MTI to Stimulate Innovation and Job Creation in Maine

Last week, the Maine Technology Institute (MTI) issued a solicitation seeking proposals for our $2 million Maine Technology Asset Fund 2.5 (MTAF2.5) program.  The MTAF2.5 program provides funding to Maine organizations looking to make investments in R&D equipment, infrastructure and technology upgrades to drive innovation and generate economic impact in Maine.  MTI is capping individual… Read more »

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 State of Maine is essentially… Read more »

Maine Technology Institute Releases FY19 Annual Report

$9.3 Million in Awards Issued to Maine Organizations, across 191 different projects, and that funding leveraged almost $33 million in private sector matching investment It’s hard to fathom but MTI has been providing early stage capital and commercialization assistance, as well as entrepreneurial guidance and mentorship, for 20 years now. Created by the Legislature and… Read more »