New pitch competition aims to help Maine’s marine and coastal businesses

(From Mainebiz) Funded in part by MTI, Maine Sea Grant launched Buoy Maine, a new virtual pitch competition to fund innovative projects and ideas to help coastal businesses better address the challenges of operating during the pandemic. Businesses and nonprofits are invited to submit proposals for up to $15,000 to implement new ideas or support existing projects. Read more »

Mills launches $200 million grant program for small businesses hurt by COVID-19

(From Mainebiz) The Maine Economic Recovery Grant Program will use federal CARES Act Coronavirus Relief Funds to provide financial relief for businesses and nonprofit organizations that incurred business disruptions as a result of COVID-19. Businesses and nonprofit organizations can apply for a grant through September 9, with awards made in early October. The Department of Economic and Community Development helped launch this important program. Read more »

UMaine assistive technology spinout UNAR Labs receives NIH award

(From Mainebiz) UNAR Labs makes visual graphic information more accessible to blind and visually impaired users on digital devices. The company plans to prototype an information access system that will help educational institutions develop accessible learning materials more efficiently. In 2019 MTI provided a $100,000 commercialization support grant to help fund the work. Read more »

Bangor’s Coffee Hound Wins Big Gig’s Virtual Pitch-Off

(From Mainebiz) Big Gig is part of a larger entrepreneur ecosystem in greater Bangor. The recent virtual pitch-off provided an opportunity for innovators to pitch their business idea or business to an online audience and panel of judges. Coffee Hound of Bangor took top honors, winning a prize of $2,500. Read more »

Startup launches skincare brand using lobster glycoprotein

(From Maine Startups Insider) Amber Boutiette and Patrick Breeding co-founded a company called Dermarus, and Marin Skincare is its first product brand. The product is a “soothing hydration” cream which blends lobster glycoproteins with other ingredients to treat dry skin conditions commonly associated with eczema. Dermarus has received $30,000 in grant funding from MTI and Libra Foundation. Read more »