MTI’s FY20 Annual Report Released: Organization deploys $9.6 million across 140 distinct projects, leveraging $58 million in private sector matching funds

As 2020 mercifully comes to a close, it is my pleasure to release the Maine Technology Institute’s fiscal year 2020 (FY20) annual report.  MTI’s fiscal year began in July of 2019 and concluded on June 30, 2020.  It was a year that started with great promise and fervor as we planned to celebrate Maine’s bicentennial… Read more »

In a Year of Tumult and Challenges, There’s Much to be Thankful for

2020 has unquestionably been rife with health, economic and societal challenges unlike any most of us have experienced in our lifetimes. And, while the past year is one that many would like to forget, it is prudent that, with the Thanksgiving holiday at hand, we reflect and appreciate how well we as a state and… Read more »

Maine Economic Recovery Program: Phase 2 Deadline Quickly Approaching

As you know, in August, Governor Janet Mills and Maine Department of Economic & Community Development (DECD) Commissioner Heather Johnson announced that a new grant program had been created to assist Maine small businesses and non-profit entities that suffered business and revenue disruptions associated with the global pandemic.  $200 million of federal CARES Act Coronavirus… Read more »