$4.85 Million Awarded to Maine Companies, Nonprofit Research Institutions, and the University to Develop R&D Capabilities
For Immediate Release
Monday, April 27, 2015
Contact: Martha Bentley
Maine Technology Institute
(207) 582-4790, x 205
(BRUNSWICK)
The Maine Technology Institute (MTI) Board of Directors met on April 16th and approved 8 Maine Technology Asset Fund (MTAF) awards totaling more than $4.85 million and leveraging nearly $12 million in matching funds. The award recipients represent private sector companies, not-for-profit research institutions, and our research universities and the funded projects will fuel economic development by expanding research and commercialization activities, attract new federal funding, develop Maine’s skilled workforce, and create technology jobs.