(From Mainebiz) In the Virtual Big Gig Pitch-Off three Maine entrepreneurs -- Josh Fox of Tidal Bore, Lee Sowles of Kind Mind, and Brenden Westin of Dura Bike -- will compete for a $500 prize and an opportunity to win $5,000 during the season Finale. This event is sponsored in part by MTI. Read more »
(From Forbes) Three MTI portfolio companies were named to the Forbes Next 1000 List 2021. Congratulations David Douglas Stone, Founder of Forager; Amy VanHaren, Founder of Pumpspotting; and Catherine York Powers, CEO of Constant! Read more »
(From Mainebiz) Commercial kelp grower, Atlantic Sea Farms, recently completed a funding round, secured additional business partners and board members. The company received early SBIR support from the MTI TAP team. Read more »
(From Mainebiz) SaviLinx LLC is looking to add hundreds of seasonal workers to fulfill a new federal contract which involves helping military members and their families enroll in health insurance. MTI provided early funding support to the Brunswick-based company. Read more »
(From Mainebiz) This year's SCORE Maine Business Award winners were recently announced. MTI sponsored the eleven awards which recognized the small businesses' innovation, diligence and dedication. Read more »
(From techcrunch.com) Forerunner is a floodplain management platform which is focused on mitigating future flood damage, particularly in American cities with heavy usage of the federal flood insurance program. MTI provided funding to support the startup. Read more »
(From Mainebiz) Biddeford-based, Farmhand Automation is developing low-cost electric robots to help farms scale operations. MTI has made several awards to the startup. The company also won $250,000 through the recent Maine Clean Energy Innovation Challenge, an MTI and Governor’s Energy Office joint initiative. Read more »
(From Mainebiz) Brunswick-based, bluShift Aerospace is looking to close out its equity crowdfunding campaign with over 800 investors and nearly $1 million raised. The company has received ongoing support from MTI. Read more »
(From Bangor Daily News) Standard Biocarbon signed a 20-year lease with the town of East Millinocket for warehouse space on the former mill site. Earlier this year, the company was awarded $400,000 from MTI to bolster its biochar operations. Read more »
(From Mainebiz) Twelve Maine businesses have been named to the new Inc. 5000 list of America’s fastest-growing private companies. We are very pleased that half of them are in the MTI portfolio: Origin, SaviLinx, STARC Systems, Tilson Technology, Sea Bags, and MuniciPAY. Read more »