MTI Funds $752,599 in 32 Seed Grant Awards to Maine Companies

July 15, 2016

Awards support innovative technology projects in all seven of Maine's targeted technology sectors and across ten of its counties

BRUNSWICK, MAINE – The Maine Technology Institute (MTI) approved 32 Seed Grant applications in June 2016, totaling $752,599 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 $1,759,024 of matching contributions from the award recipients.

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