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V O L . X X X I I N O. X X S E P T E M B E R 7 , 2 0 2 6 26 Maine Technology Institute investments 1 Ranked by amount received per award, 2026 2 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 M E A G H E R C O M P I L E D B Y S T E P H A N I E M E A G H E R DO I N G B U S I N E S S I N MAI N E $19.95 August 31, 2026 VO L . X X X I I N O. X I X S P O N S O R E D B Y P H O T O / T I M G R E E N W AY DO I N G B U S I N E S S I N MAI N E $19.95 August 31, 2026 VO L . X X X I I N O. X I X www.mainebiz.biz For companies in Maine or who are looking to relocate or expand into Maine, the Fact Book is a great resource on Maine market statistics and facts. Your Resource and Guide For Doing Business in Maine SP ONSORED BY OR PURCH A SE A PRIN T COP Y! V IE W OUR DIGI TAL EDI T ION M AINEBI Z .BI Z/SPECI AL-EDI T ION/FB2026 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. S O U R C E : Maine Technology Institute Maine Technology Institute investments 1 Ranked by amount received per award, 2026 2 Recipient/ county Amount awarded Project title Type of award Sector 1 North Spore LLC Cumberland $ 749,949 Making mushroom cultivation mainstream Equity Forest products & agriculture 2 Central Maine Growth Council Kennebec $ 500,000 Commercializing innovation & collaboratively supporting Maine- based entrepreneurs Grant Biotechnology 2 LaCasse & Weston Inc. Cumberland $ 500,000 Standardizing molded fiber manufacturing equipment to create new markets for forest-based materials Loan Forest products & agriculture 4 Bigelow Laboratory for Ocean Sciences Lincoln $ 453,000 Anchoring marine biotechnology innovation in New England Grant Biotechnology 5 Northeastern University Cumberland $ 450,000 Maine Life Sciences Ecosystem Development Program Grant Economic development 6 Roux Institute Cumberland $ 375,000 National Security Innovation Hub Grant Information technology 7 Startup Maine Inc. Cumberland $ 325,000 Startup Maine growth initiative Grant Information technology 8 Evergreen Additive Inc. Cumberland $ 200,000 Large-format additive manufacturing capability expansion for rapid marine tooling and defense production Loan Composite materials 8 WholeTrees LLC Aroostook $ 200,000 Maine LLC and its Aroostook County Structural Timber Facility Equity Forest products & agriculture 10 Integrated Reality Labs Cumberland $ 195,000 Funding to scale growth of real-world multiplayer mobile game SLAP Loan Information technology 11 Defendify Inc. Cumberland $ 150,000 Investment round to support growth strategy Equity Information technology SOURCE: Maine Technology Institute 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 published in the Sept. 7, 2026, issue of Mainebiz. See full versions of lists with company profiles at mainebiz.biz/datacenter @