(From Mainebiz) Justin Hafner, Co-Founder and CEO of KinoTek, is the first Maine business leader selected for a Front Office Sports Rising 25 Award. This national award recognizes sports-business movers and shakers under the age of 25. MTI was an early supporter of the Portland-based, digital health company. Read more »
Today, the Maine Technology Institute (MTI) began soliciting proposals for the Maine Clean Energy Innovation Challenge that was announced by Governor Janet Mills on Earth Day. In collaboration with the Governor’s Energy Office, MTI developed the challenge to catalyze the deployment of innovative clean energy technology solutions in Maine. Read more »
(From Maine Startups Insider) Startup rocket company, BluShift Aerospace recently launched an equity crowdfunding campaign to raise capital for its next development phase. MTI conditionally approved up to $300,000 in non-dilutive capital in the form of a low-interest loan to the Brunswick-based company. Read more »
(From Portland Press Herald) Lewiston-based, Community Staffing Partners and Topsham-based, FnB will move on to the Top Gun statewide finals where they will compete with six other regional finalists for the $25,000 grand prize from MTI. Read more »
(From Maine Startups Insider) The finalists for the LaunchPad small business competition were recently announced! Brave Foods, Studio e Flett, HighByte, Hüga Heat, and Vintage Maine Kitchen will move to the next round. In addition - bluShift Aerospace, C. Love Cookie Project, Marin Skincare, Prapela, and The Cubby were selected to submit a pitch video for the Emerging Business Award. Read more »
(From Renewable Energy Magazine) Portland-based Ocean Renewable Power Company (ORPC), develops renewable power systems that harness rivers and tidal currents. MTI has been a consistent funder and supporter of ORPC since its inception. Read more »
(From Mainebiz) Founder of Providentia Group and the nonprofit Alpha Legal Foundation, Krystal Williams discusses plans for a business incubator to help grow the number of BIPOC entrepreneurs in Maine, while at the same time creating profitable businesses which attract investors like MTI. Read more »
(From Mainebiz) As part of its Maine Seafood Marketing Initiative, Coastal Enterprises Inc. acquired competitive national seafood industry sales information and is sharing the data with Maine’s aquaculture and seafood industries. MTI provided a matching grant for the initiative. Read more »
(From Prapela.com) Biddeford-based, Prapela was awarded a $100,000 grant from MTI to help support its breakthrough medical device. The infant health company developed the device to improve treatment for neonatal opioid withdrawal syndrome (NOWS). Read more »
(From Nonahood News) Maine startup, KinoTek Inc. is expanding their reach to Florida and beyond. The company uses AI to analyze body movements which helps improve patient care. MTI, leAD Sports & Health Tech Partners, Tavistock Group, and independent angel investors provided funding. Read more »