(From Mainebiz) Supported in part by MTI, Ocean Renewable Power Co., (ORPC) has been successfully converting a river’s kinetic energy into electricity in Igiugig, Alaska. The Portland-based company recently announced it secured a new investment totaling $25 million. Read more »
(From Mainebiz) GO Logic LLC proposed building a new facility for pre-fabricated wall panels and other components. The Belfast-based company produces wood fiber insulation boards and specializes in passive house architecture. MTI has invested in the company's projects. Read more »
Innovative Maine companies in Biddeford and Wiscasset engaged in developing clean energy technology have each been awarded $250,000 through the Maine Clean Energy Innovation Challenge, a joint initiative of the Maine Technology Institute (MTI) and the Governor’s Energy Office. Congratulations Farmhand Automation and Peregrine Turbine Technologies! Read more »
(From Mainebiz) Josh Kim, is CEO and Co-Founder of the Cubby - an online gallery and marketplace for college artists. Winner of the Top Gun competition, "Emerging business leader of the year" and a semi-finalist in Greenlight Maine, the Colby College senior takes an inside look at Maine's innovation economy. The startup received a software development grant from MTI. Read more »
(From World Biz Magazine) MedRhythms' CEO, Brian Harris, received a "Top 100 CEOs In Innovation Award 2021" following a rigorous selection process which included more than 40,000 nominees. MTI played a significant role in the growth and development of the Portland-based company. Congratulations! Read more »
(From Portland Press Herald) Mother of four boys, Sara Lopez created Match2Play which helps connect parents and family-friendly activities, as well as benefiting businesses. MTI was an early supporter of the start-up. Read more »
(From Forbes) Maine-based, bluShift Aerospace has a weighty new investor! Theorem LLC recently contributed to the rocket-building company's crowdfunding equity round. Read more »
(From Maine Startups Insider) The Gulf of Maine Research Institute partnered with SeaAhead to launch an accelerator program for “bluetech” startups. MTI is a supporter of this initiative. Read more »
(From Mainebiz) In a recent Mainebiz interview, MTI President, Brian Whitney shared insights about our mission, collaboration with our partners, funding opportunities we offer, success stories, our loan management process, and the key role MTI plays in Maine’s innovation economy. Read more »
(From Mainebiz) Torey Penrod-Cambra, Co-Founder & CMO of HighByte, discussed growing the Portland-based software company and offered advice for entrepreneurs considering moving to Maine. She highlighted resources for startups in Maine's business community, including MTI. Read more »