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Largest Maine Technology Institute investments
1
Ranked by amount received per award, 2023
2
1 The Maine Technology Institute invests public funds in Maine entrepreneurs and organizations who engage technology to develop innovative products and services with 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.
2 MTI awards are disbursed in tranches based upon certain project milestones being achieved. The award amounts may not reflect actual disbursements.
This list was compiled by Stephanie R. Meagher and previously published in the Aug. 28, 2023 issue of Mainebiz.
N O T E : N/A = Not available
S O U R C E : Maine Technology Institute
