MTI Funds $1,446,440 in 26 Awards to Maine Companies

November 2, 2016

Awards support innovative technology projects in seven sectors and six counties

BRUNSWICK, MAINE – The Maine Technology Institute (MTI) approved 19 Seed Grant applications, 4 Development Loan applications and 3 TechStart applications in October 2016, totaling $1,446,440 in awards to entrepreneurs from across Maine to advance new product and process development in biotechnology, composite materials, environmental technology, forestry & agriculture, information technology, aquaculture & marine technologies, and precision manufacturing technology. This round of MTI awards leveraged $2,564,860 in matching contributions from the award recipients. Read the full press release below.

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