MTI: Maine Technology Institute
Description:
* The Maine Technology Institute (MTI) invests in promising technologies by funding research and development projects in the state's seven technology sectors. MTI's competitive awards bring new products, services and processes to the market, generating high-quality jobs across Maine.
* MTI is a private, non-profit organization created and funded by the state of Maine. It is governed by a Governor-appointed Board of Directors made up of industry leaders and representatives of key public agencies.
Goals
- Offer robust, effective programs that fund innovative, technology based projects that lead to commercialization and job creation.
- Continue to fill gaps for Maine businesses seeking early stage capital.
- Build on networks and partnerships to enhance clusters of industrial activity.
- Help ensure that Maine's strong support of research and development is linked to commercial outcomes that result in economic benefit.
- Ensure adequate funding is available to fully support MTI's ability to help stimulate economic growth creating jobs for Maine people.
Maine's Seven Targeted Technology Sectors
- Advanced Technologies for Forestry & Agriculture
- Aquaculture and Marine Technology
- Biotechnology
- Composite Materials Technology
- Environmental Technology
- Information Technology
- Precision Manufacturing Technology
