Under its governing statute, MTI is instructed to cooperate with the Maine Department of Economic & Community Development (DECD), Maine Manufacturers Extension Partnership (MMEP), the University of Maine (UME), and others to ensure a complementary system of support services – including incubators, business assistance, tech transfer, market research, patent research and similar services, is available to companies and research laboratories.
To help achieve this goal, MTI has engaged in the Blackstone Accelerates Growth initiative and has provided funding for its successor entity Maine Accelerates Growth to help ensure a complementary system of ecosystem supports. MTI has also sponsored activities like Maine Start-up & Create Week and SCORE events and has entered into partner agreements with organizations like MMEP and the Maine Small Business Development Centers (SBDC). The Maine SBDC provides counseling and advice to Maine entrepreneurs to help with business planning, access to capital, market development and other services.
MTI also partners with the following organizations to ensure that Maine innovators and small businesses get access to a complementary system of supports that will enable them to successfully start, sustain, and grow profitable enterprises.