Gouldsboro seaweed farmer gets $650K to develop new cultivation systems

(From Mainebiz) Springtide Seaweed will receive $650,000 in federal funding to develop new cultivation systems for nori and dulse red seaweed, allowing these high-value crops to be farmed in the U.S. and globally. The funding was awarded through the Small Business Innovation Research (SBIR) Program at the U.S. Department of Agriculture’s National Institute of Food and Agriculture. MTI's TAP Team worked with the Gouldsboro-based company to create a successful SBIR application. Read more »

Waterville accelerator picks lineup of 12 startups

(From Mainebiz) Twelve startups have been selected to participate in the inaugural cohort of the Dirigo Labs accelerator program in Waterville, including some MTI portfolio companies. The program will run through mid-June, culminating with a pitch event. Read more »

UMaine picks four teams for commercialization accelerator

(From Maine Startups Insider) The University of Maine’s Foster Center for Innovation recently selected 4 teams to participate in the Maine Innovation Research and Technology Accelerator (MIRTA) program. The MIRTA program is supported by MTI and the University of Maine System Research Reinvestment Fund. Read more »

$6M in grants to boost Maine’s forest industry

(From Bangor Daily News) MTI will administer $6 million in grants to more than 200 forestry companies in Maine. The Forestry Recovery Initiative will help bolster rural logging and trucking companies that were negatively impacted by the pandemic. Read more »