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V O L . X X V N O. X I X S E P T E M B E R 2 , 2 0 1 9 42 T H E L I S T C O M P I L E D B Y S T E P H A N I E R . M E A G H E R Is a Proud Androscoggin Bank is honored to receive this prestigious recognition. The Aon Best Employer certification evaluates employee opinions to measure effective leadership, talent focus, organizational agility and employee engagement. Learn more and come work for the best at: androscogginbank.com/bestemployer Androscoggin Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation - including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status. 1 MTI awards are disbursed in tranches based upon certain project milestones being achieved. The award amounts may not reflect actual disbursements. 2 The Maine Technology Institute invests public funds in Maine entrepreneurs and organizations who engage technology to develop innovative products and services within the state's seven targeted technology sectors. Grants, loans and equity investments are issued on a competitive basis and require a minimum of one-to-one private sector match. The goals are high-paying jobs, development of intellectual property and business growth, which in turn provide tax revenue for the state. 3 Bio-refinery to deploy Biofine's technology in Bucksport; Old Town's Treadwell Franklin-Sewall and the University of Maine at Orono are collaborators. S O U R C E : Maine Technology Institute Purchase this list and more as an Excel document at mainebiz.biz/DataCenter @ Largest Maine Technology Institute investments Ranked by amount received per award, fiscal year 2019 Ranked by amount received per award, scal year 2019 Brookline, Mass. $750,000 Commercial scale wood biomass bio- refinery Grant Energy Belfast $750,000 Madison Mill modification project Grant Forestry & agriculture Orono $500,000 Large scale thermoplastic 3D printing for marine tooling Grant Composite materials Thomaston $308,750 Commercial plant for U.S. distribution of eels and eel products Equity Aquaculture & marine Hermon $300,000 ClearShot Technology Platform development projects Loan Information technology Yarmouth $250,000 Orthopaedic implants in titanium Loan Additive manufacturing Portland $250,000 Development of artificial intelligence and machine learning for finance application Loan Information technology York $250,000 Project Acadia Loan Information technology Rockport $250,000 SmartSharps wireless IoT medical needle system Loan Biotechnology Portland $248,000 Curriculum engine cloud-based instructional resources Loan Information technology Portland $200,000 Transactive energy based microgrid controllers, gateways and edge device controllers Loan Energy Bangor $200,000 Targeted point-of-purchase advertising Loan Information technology Springvale $150,000 Organic mushroom grower and distributor Equity Forestry & agriculture Portland $150,000 Ocean Business Accelerator Grant Aquaculture & marine Brunswick $150,000 Winter oyster nursery development Loan Aquaculture & marine Portland $150,000 Continued development of platform for pre-clinical research operations Loan Information technology