No slouch of a design

(From Green & Healthy Maine Homes) Geoffrey Warner, Founder of Owl Furniture, is taking the handcrafted Owl Stool to a new level - mass production with a seat comprised of postconsumer plastics. MTI awarded the Deer Isle-based company a $15,000 grant for research and development which resulted in the ErgoPro Owl. Read more »

Mills visits bluShift Aerospace in Brunswick

(From News Center Maine) To help highlight Maine's economic recovery plan Governor Mills recently visited Brunswick-based bluShift Aerospace, which develops bio-fuel powered rockets. The company received guidance through MTI's Technical Assistance Program team, as well as grant support from MTI. Read more »

VETRO Inc. raises $12M to scale broadband mapping SaaS platform

(From Maine Startups Insider) VETRO Inc. recently raised $12 million to capitalize on a growing international market for broadband services. VETRO FiberMap is a cloud-based software-as-a-service platform designed for internet service providers and telecom companies. MTI was an early investor in the Portland-based company. Read more »

The Cubby takes top prize in Maine’s Top Gun awards

(From Mainebiz) Founded and operated by Colby College students, The Cubby won Maine Center for Entrepreneurs' Top Gun Final Showcase which includes a $25,000 prize, courtesy of MTI. The Waterville-based startup is an online marketplace designed to help college students sell art work. Read more »