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Maine Technology Institute

Company

Investment-firm

Financing round

General

About Company
Maine Technology Institute funds research and development projects in the state's seven technology sectors.

Industry

Sector :

Subsector :

Also Known As

MTI

founded date

01.01.1999

Number of employees

IPO status

Private

Description

MTI provides early-stage capital and commercialization assistance through competitive grants, loans, and equity investment to create new products, processes, and services, generating high-quality jobs across Maine. The investment firm, founded in 1999, prefers to invest in sectors such as biotechnology, information technology, and advanced manufacturing. MTI has funded 1,295 technology projects in Maine, with a financial commitment of $106 million that has leveraged over $173 million in additional funding for a total of $280 million.
Contacts
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People

Employee Profiles
20

Andrew Dallas

It and biotechnology board member

Chris Osgood

Board member

Matthew Hoffner

Entrepreneur in residence

Greg Lee

Director of finance and administration

William Palin

Chairperson, biotechnology sector

James Fecteau

Administration Manager

Christine Bullard

Office Manager

Betsy Biemann

Betsy Biemann

President

Activity

Recent News
5
News Timeline

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