Pandemic recovery for Maine businesses info sessions: MTI established the Pandemic Recovery for an Innovative Maine Economy (PRIME) Fund to distribute $39M in federal funding. This initiative provides grant funding to help Maine businesses recover from the harm caused by the COVID-19 pandemic that affected business development and innovation in our state’s technology sectors. Learn more about the application process via our Zoom sessions, choose from an event time that works for you: Tuesday, July 30: 11–11:45AM: https://bit.ly/3LHw1tO Tuesday, August 13: 11–11:45AM: https://bit.ly/4c23xps Tuesday, August 27: 9–9:45AM: https://bit.ly/46nsZ7F
Maine Technology Institute
Strategic Management Services
Brunswick, Maine 4,003 followers
Founded & funded by the Maine Legislature, #MTIMaine offers grants, loans, equity investments to grow the #MaineEconomy.
About us
The Maine Technology Institute (MTI) is an industry-led, publicly-funded, nonprofit corporation that offers early-stage capital and commercialization assistance in the form of competitive grants, loans and equity investment for the research, development and application of technologies that create new products, processes and services, generating high-quality jobs across Maine. The Maine Technology Institute was established by the Maine State Legislature in 1999. MTI, working with partners across the state, “shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in the State's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people.” MTI is one element of the State's economic development strategy to contribute to the long-term development of a statewide research, development and product deployment infrastructure. See full statute. Every $1 of MTI funds received generates an additional $14 in non-MTI funding. MTI funded companies say that MTI funding has been critical to their commercial success. Since 2000, MTI has funded 1,295 technology projects in Maine, a financial commitment of $106 million that has leveraged over $173 million in additional funding for a total of $280 million.
- Website
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http://www.mainetechnology.org
External link for Maine Technology Institute
- Industry
- Strategic Management Services
- Company size
- 2-10 employees
- Headquarters
- Brunswick, Maine
- Type
- Nonprofit
- Founded
- 1999
- Specialties
- Business Development, Biotechnology, Information Technology, Agriculture, Aquaculture, Environmental Technology, Start Ups, Business Funding, Equity Investment, and Economic Development
Locations
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Primary
8 Venture Avenue
Brunswick Landing
Brunswick, Maine 04011, US
Employees at Maine Technology Institute
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Abigail CARROLL
Host of Happy Planet podcast. Public Speaker (TEDx, Boston Athenaeum…), Early-Stage Investor, Corporate Board Member, and Business Advisor working in…
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Pam Gustin
Textile Integrator and Luxury Pillow Designer
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Linda Diou
SCORE Certified Mentor
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Larry Langmore
Board Member at Maine Technology Institute with Finance, Tax and Operational experience
Updates
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Do you have a list of projects that your team doesn't have the bandwidth to complete right now? Was your company negatively impacted by the COVID-19 pandemic? The University of Maine's Foster Center for Innovation's new program, Black Bear Consulting Corps, is recruiting companies for their FOURTH cohort to take place during the fall of 2024! Through BBCC, qualifying companies could get the chance to work with a team of 2-3 college students on a short-term, 150-hr project at no cost. Companies launched post-2021 may still qualify, too! Deadline to apply is August 7th: https://bit.ly/umainebbcc #MaineBiz #MaineEntrepreuners #MaineStartup
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We are proud to sponsor the first ever Maine Forest Biomaterials Week, hosted by the University of Maine! Join us as we bring together research experts in sustainable biomaterials and advanced manufacturing. Registration is now open for an exciting week featuring: 🌲 Manufacturing RENEW3D, a celebration of Maine’s recent U.S. EDA designation as a Forest Bioproducts Advanced Manufacturing Tech Hub 🌲 Process Development Center’s 6th Annual Cellulose Nanomaterials Forum. Register at https://lnkd.in/ecitDUNK #MTIMaine #MaineAgriculture #MaineBiz
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From ocean to land, Maine is leading the way in sustainable living and business: #MTIMaine is thrilled to share that Sustainable Sea Products has been awarded $42k in Phase 2 grant funding to further explore the creation and commercialization of seaweed-based paper products. This support will enable them to prototype kelp-based products tailored for local retailers in Maine, and set the stage for our future product launches. You can learn more about this at https://lnkd.in/gZJNz5-b #MaineBiz #MaineSmallBusiness #MaineAquaculture
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Webinar Reminder! The USDA offers competitively awarded grants to support high quality research in science and agriculture through their Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs. To get a head start on applying for this funding, join this month's webinar: Learn How to Write a Strong USDA SBIR/STTR Application | Register here: https://bit.ly/44PZgDA
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Maine Technology Institute reposted this
🌟 Only a week & half left until On the Road with Mainebiz in Rangeley! 🌟 Join us at the picturesque Saddleback Maine Ski Area for an evening packed with networking, learning, and fun. Connect with local businesses, dive into Rangeley's latest business ventures, and soak in the stunning scenery. Don't miss out on this chance to broaden your horizons and forge meaningful connections. Attendance is free but registration is required. Be sure to register by June 26. https://ow.ly/7EyQ50Sj6cM See you there! #Mainebiz #Rangeley #Networking #Business Sponsored by Maine Technology Institute Hight Family of Dealerships Skowhegan Savings Bank
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🚀 Exciting News for Maine Businesses! #MTIMaine is proud to be a founding member the Maine Funding Network, your gateway to funding opportunities from public and nonprofit agencies throughout Maine. Whether you're a startup or an established business, the Maine Funding Network allows you to access multiple funding resources in one place. Learn more at MaineFundingNetwork.com. #MaineBiz #MaineStartup #MaineEntrepreneur
Maine Funding Network
mainefundingnetwork.com
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Did you know the pet industry contributed a whopping $303B to the U.S. economy in 2023? That's a 16% increase from 2022! Here in Maine, there are companies who are driving these trends, like PhytoSmart. Founded by Deena Sisitsky and Hiro Hara, the company is on a mission to revolutionize #PetHealth with sustainable, algae-based nutrients. Inspired by the belief that “We are what we eat” and the decline in American life expectancy, Deena combined her pharma background with Hiro's expertise in nutrition to create PhytoSmart. Their focus? Marine omega-3 fatty acids sourced from ocean algae. After five years of R&D, they developed a patented sterile technology that produces sustainable, safe, and highly bioavailable omega-3 fatty acids. PhytoSmart's journey has been supported by #MTIMaine with a development loan, small grants, and invaluable technical assistance from MTI’s #SmallBusiness Innovation Research (SBIR) team. This support helped them secure both Phase I and Phase II SBIR grants, fueling their innovative research and development. Read more about them: https://bit.ly/4cwRRvR #MaineBiz #MaineStartup
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The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs at the USDA offer competitively awarded grants to support high quality research in science and agriculture. However, only about 10-15% of applications are approved - #MTIMaine's Technical Assistance Program (TAP) provides free, expert guidance to Maine small businesses seeking SBIR/STTR funding. You can get a jump start in learning the ins and outs of proposal submission via the USDA's upcoming webinars: Introduction to Small Business Funding at the USDA | June 6, 2 pm EST Register here: https://bit.ly/4arEueL Learn How to Write a Strong USDA SBIR/STTR Application | June 27, 2 pm EST Register here: https://bit.ly/44PZgDA
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#WomenWhoLead: We want to congratulate Kristen Gwinn-Becker, PhD of #MTIMaine portfolio company HistoryIT, who was recently named as one of Inc. Magazine's top 250 #FemaleFounders in the country. 👏 She is recognized for "creating a 'digital museum' to ensure a company's work outlives technological changes or mishaps, saving more than 4.8 million items in 2023." https://lnkd.in/gQRxEUnx #WomenInTech #MaineWomen #MaineBiz
Inc. names Maine historian-CEO among celebrity entrepreneurs in 'Female Founders 250'
mainebiz.biz