Ceremony marks manufacturing’s return to former mill in Madison

(From Portland Press Herald) A ceremony marking the return of wood products manufacturing to the former Madison Paper Industries mill was held recently. GO Lab, Inc. expects to employ 120 workers at the mill, with more positions opening by the end of 2022. MTI provided funding support to the Belfast-based company. Read more »

Top Gun names 24 Maine startups for 2022 accelerator program

(From Mainebiz) The Top Gun accelerator program has selected 24 Maine startups for 2022. The program is sponsored by Bangor Savings Bank and supported by the Maine Department of Economic and Community Development along with a wide range of other organizations across the state. MTI will provide a $25,000 cash prize to be awarded at the final statewide pitch-off in May. Read more »

HighByte Named “Smart Manufacturing Company of the Year” in 2022 IoT Breakthrough Awards Program

(From PR Newswire) Industrial software company, HighByte, recently announced it had been selected the winner of the "Smart Manufacturing Company of the Year" award in the 6th annual IoT Breakthrough Awards program. The program recognizes innovators, leaders, and visionaries from around the globe and attracted more than 3,850 nominations this year. MTI is an ongoing supporter of the Portland-based company. Congratulations!
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Ten ‘techstar’ entrepreneurs pitch their start-up ideas in Portland

(From Portland Press Herald) Ten “techstar” entrepreneurs recently pitched start-up ideas as part of the Roux Institute Techstars Accelerator program, which provides 10 companies a year with seed funding and access to its network of investors and mentors. Governor Mills told the program graduates that Maine is ready to help those who choose to stay in the state, including support from organizations such as MTI. Read more »