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Welcome to the Maine Technology Institute

The Maine Technology Institute (MTI) is a state-funded nonprofit corporation
that offers early-stage capital and commercialization assistance for the research and development of innovative technology-based projects that create new products, processes and services,
generating high-quality jobs across Maine.

Did you know?
For every $1 of MTI funding, more than $14 are leveraged in additional private and public financing for Maine
Read more about MTI's impact in Maine.

Latest MTI News

06/12/09 MTI Approves Over $2.75 Million of Awards for Technologies and Cluster Development in the Biotechnology, Information Technology and Composites Sectors

06/09/09 MTI announces $25 million of Maine Technology Asset Fund awards at a press conference with Governor Baldacci. For the press release, click here.

05/18/09 Seed Grant Awardee List

05/05/09 MTI launches registration for the 2009 US Department of Agriculture Small Business Innovation Research (SBIR) workshop scheduled for June 3, 2009.

04/27/09 MTI launches a matching fund program for Maine companies that win Federal Small Business Innovation Research and Small Business Technology Transfer Phase I Awards.

03/12/09 MTI Awards Over $212,000 to Foster Innovation across Maine

03/10/09 Seed Grant MTI launches registration for the 2009 US Department of Agriculture Small Business Innovation Research (SBIR) workshop scheduled for June 3, 2009.  Attendance is free but pre-registration is required.  To register click here USDA SBIR 2009 Workshop.  For workshop details, click here.  Awardee List

03/09/09 MTI Grant Programs to Boost Tech Business Opportunities

02/23/09  MTI board of directors has approved a Development Award of $235,540

02/13/09  MTI Awards over $1 Million to Boost Maine's Technology Clusters

01/22/09 MTI Offers Three February Workshops on the New Cluster Initiative Program Before March 26 Application Deadline

01/16/09 MTI Awards Nearly $155,000 for 14 Seed Grants

01/14/08 Professor Charlie Colgan's 2009 Economic Forecast for Maine

01/07/09 MTI Announces March 26 Deadline for Applications for Cluster Initiative Program Awards

12/15/08 MTI President Betsy Biemann Gives Video Interview on MTI and Technology in Maine to Creative Ledge

See Press Release Archives

MTI Announcements, Deadlines and Dates

Seed Grant Application deadline: August 13, 2009. Signed, complete proposals must be received by MTI at its office by 5 p.m. Click here for upcoming workshop details.

Development Awards Application deadline: October 13, 2009. Signed, complete applications must be received by MTI at its office by 5 p.m. Click here for upcoming workshop details.

Maine Technology Asset Fund deadline for applications closed on January 21, 2009. MTI received 50 applications requesting a total of $110 million for the balance of this fund, $20 million. The MTI Board expects to announce awards in early June.

Cluster Initiative Program  deadline: October 8, 2009.  Signed, complete proposals must be received by MTI at its office by 5 p.m.

MTI Award Recipients in the News

Federal Contract Award Winner Relied on MTI Seed Grants for Research and Development of Composite Textile Product

Auburn Manufacturing, Inc. (AMI), of Mechanic Falls announced on January 12, 2009, that it had received two military contracts worth up to $7.8 million over several year for textile for extreme temperature industrial applications. Two MTI Seed Grants supported the research and development. Read the AMI press release that includes a link to television coverage. Separately, AMI commented that the MTI awards also led to unexpected benefits, for example, the next step of composite materials for institutional use to save energy in steam heating and cooling.

MTI Award Recipient Recognized as 'Company to Watch'

Quantrix of Portland, recipient of two MTI Development Awards for its financial database program, was selected January 2009 as a “Company to Watch” in the Performance Management category in annual awards for the most influential technology companies impacting smart enterprises by Intelligent Enterprise Magazine. Read the press release.

Click here to read more stories about MTI Award Recipients in the News.

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