Top Gun names six startups for regional competition in L/A

(From Mainebiz) The Top Gun program is designed for competitively selected entrepreneurs across Maine. The Lewiston/Auburn Cohort recently announced its 6 competitors who will participate in the program over the next few months. A $25,000 cash prize provided by MTI will be awarded at the statewide finale in May. Read more »

Growing Something New: How one woman is using seaweed to transform the American palate — and Maine’s oldest industry.

(From Departures) Can seaweed save the planet? Atlantic Sea Farms is doing its part by fostering an underwater, regenerative crop that reduces the acidity of local waters and absorbs significant amounts of carbon. The company has a roster of 27 partner fishermen and anticipates growing 1.2 million pounds of kelp in 2022. The Saco-based company received SBIR support from the MTI TAP team. Read more »

Ceremony marks manufacturing’s return to former mill in Madison

(From Portland Press Herald) A ceremony marking the return of wood products manufacturing to the former Madison Paper Industries mill was held recently. GO Lab, Inc. expects to employ 120 workers at the mill, with more positions opening by the end of 2022. MTI provided funding support to the Belfast-based company. Read more »

Top Gun names 24 Maine startups for 2022 accelerator program

(From Mainebiz) The Top Gun accelerator program has selected 24 Maine startups for 2022. The program is sponsored by Bangor Savings Bank and supported by the Maine Department of Economic and Community Development along with a wide range of other organizations across the state. MTI will provide a $25,000 cash prize to be awarded at the final statewide pitch-off in May. Read more »

HighByte Named “Smart Manufacturing Company of the Year” in 2022 IoT Breakthrough Awards Program

(From PR Newswire) Industrial software company, HighByte, recently announced it had been selected the winner of the "Smart Manufacturing Company of the Year" award in the 6th annual IoT Breakthrough Awards program. The program recognizes innovators, leaders, and visionaries from around the globe and attracted more than 3,850 nominations this year. MTI is an ongoing supporter of the Portland-based company. Congratulations!
Read more »