MTI’s FY21 Annual Report Released: Organization deploys $9.4 million across 130 distinct projects, leveraging $74 million in private sector matching funds

It’s my honor to release the Maine Technology Institute’s fiscal year 2021 (FY21) annual report.  MTI’s fiscal year began on July 1, 2020, and concluded on June 30, 2021.  It was another strong year of catalytic investments by MTI into Maine organizations and entrepreneurs. As a result of loan repayments and sound investment returns, MTI… Read more »

Conveying Thanks to All Those That Contribute to MTI’s Success

During this time of continued challenges associated with a global pandemic that seems intent on resisting and thwarting our best efforts to contain and eliminate it, it is especially important to reflect upon and appreciate the many good things in our lives.  There is a great quote by legendary UCLA basketball coach John Wooden that… Read more »

A View On Accessing Federal Funding

Guest Blog Written by MTI’s SBIR Expert, Karen West What do well-known companies such as Qualcomm, iRobot and Sonicare all have in common? They got their start with SBIR funding. With oversight by the Small Business Administration, the Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) program is considered America’s “Seed Fund,” providing early-stage, high… Read more »