News

(From Maine Public) Maine Calling featured a panel of experts who discussed a wide range of challenges and successes Maine entrepreneurs experience, as well as resources available to them -- including MTI and many of its partners. Read more »

(From Mainebiz) The annual Mainebiz Next List recognizes people who are forging new paths and changing Maine’s economy. Multiple MTI portfolio company leaders are included in the 2021 list. Read more »

(From Mainebiz) Digital therapeutics startup MedRhythms Inc. is joining forces with Universal Music Group NV, to provide "prescription music" to patients. The partnership will give MedRhythms access to millions of songs for their platform software which helps neurologic diseases or injuries. MTI played a significant role in the growth and development of the Portland-based company. Read more »

(From Mainebiz) In the Virtual Big Gig Pitch-Off three Maine entrepreneurs -- Josh Fox of Tidal Bore, Lee Sowles of Kind Mind, and Brenden Westin of Dura Bike -- will compete for a $500 prize and an opportunity to win $5,000 during the season Finale. This event is sponsored in part by MTI. Read more »

(From Forbes) Three MTI portfolio companies were named to the Forbes Next 1000 List 2021. Congratulations David Douglas Stone, Founder of Forager; Amy VanHaren, Founder of Pumpspotting; and Catherine York Powers, CEO of Constant! Read more »

(From Mainebiz) Commercial kelp grower, Atlantic Sea Farms, recently completed a funding round, secured additional business partners and board members. The company received early SBIR support from the MTI TAP team. Read more »

(From Mainebiz) SaviLinx LLC is looking to add hundreds of seasonal workers to fulfill a new federal contract which involves helping military members and their families enroll in health insurance. MTI provided early funding support to the Brunswick-based company. Read more »

(From Mainebiz) This year's SCORE Maine Business Award winners were recently announced. MTI sponsored the eleven awards which recognized the small businesses' innovation, diligence and dedication. Read more »

(From techcrunch.com) Forerunner is a floodplain management platform which is focused on mitigating future flood damage, particularly in American cities with heavy usage of the federal flood insurance program. MTI provided funding to support the startup. Read more »

(From Mainebiz) Biddeford-based, Farmhand Automation is developing low-cost electric robots to help farms scale operations. MTI has made several awards to the startup. The company also won $250,000 through the recent Maine Clean Energy Innovation Challenge, an MTI and Governor’s Energy Office joint initiative. Read more »