News

(Reprint from Bangor Daily News 11/24/2015) PORTLAND -  Ocean Renewable Power Co. has won a $2.25 million federal grant to build a deployment, anchor and retrieval system for its tidal and river power generation turbines. Read more »

(Reprint from CompositesWorld 11/23/2015) - During a laboratory dedication at the University of Maine (Orono, ME, US) on Nov. 23, the Harold Alfond Foundation announced a $3.9 million grant to the University of Maine to match $9.98 million already raised, formally establishing the Harold Alfond W2 Ocean Engineering Laboratory and Advanced Manufacturing Laboratory at the Advanced Structures and Composites Center on campus. Read more »

(Reprint from the Sun Journal 11/20/2015) - From the outside, it looks like a hangar — a half-moon with roofing from one rounded side to the next and an end cap filled with large windows and a garage door. Read more »

(Reprint from Mainebiz 11/17/2015) - Monday's announcement that a consortium led by University of Maine will get a $3.7 million funding boost from the U.S. Department of Energy puts Maine back in the running for a $40 million grant to install two six-megawatt wind turbines in deep water off Monhegan Island. Read more »

(Reprint from Business Wire 11/16/2015) PORTLAND, Maine - CashStar, the industry-leading provider of prepaid commerce solutions, today announced the launch of a digital gifting program with leading fashion specialty retailer Nordstrom. Read more »

The Maine Technology Institute (MTI) approved seven new grant applications in October 2015, totaling $57,795 in awards to entrepreneurs from across Maine to advance new product and process development in aquaculture and marine technology, biotechnology, composite materials, forestry & agriculture, and information technology. This round of MTI awards leveraged $146,605 of matching contributions from the award recipients. Read more »

The Maine Technology Institute (MTI) approved 15 Seed Grant applications and 4 Development Loan applications in October 2015, totaling $1,686,850 in awards to entrepreneurs from across Maine to advance new product and process development in biotechnology, composite materials, environmental technology, forestry & agriculture, information technology, aquaculture & marine technologies, and precision manufacturing technology. This round of MTI awards leveraged $3,352,927 of matching contributions from the award recipients. Read more »

(Acadia Harvest Inc. Press Release 11/2/2015) - The National Science Foundation (NSF) of Washington, D.C., has again named Acadia Harvest Inc. (AHI) the recipient of a Phase II Small Business Innovation Research (SBIR) grant.  The grant will be used by AHI to continue its efforts to develop innovative fish feeds for its growing land-based aquaculture business.  Read more »

(Reprint from Portland Press Herald 11/2/2015) - Maine’s Coastal Enterprises Inc. has been awarded an $800,000 grant from the U.S. Department of Health and Human Services Office of Community Services to support a revolving loan fund that will finance expanding businesses and provide workforce technical assistance to rural businesses in Maine’s “rim counties.” Read more »

(Announcement from NECEC.org website 10/30/2015) - Nexamp, Cambrian Innovation and E2Tech Honored with Green Tie Gala Awards Read more »