Maine Technology Institute
Strategic Management Services • 
16 Middle St., STE 201, United States • 21-50 Employees
Company overview
| Headquarters | 16 Middle St., STE 201, Portland, Maine 04101, US |
| Phone number | +12075824790 |
| Website | |
| NAICS | 541611 |
| SIC | 873 |
| Keywords | Business Funding, Information Technology, Biotechnology, Start Ups, Economic Development, Agriculture, Business Development, Aquaculture, Environmental Technology, Equity Investment |
| Founded | 1999 |
| Employees | 21-50 |
| Socials |
Key Contact at Maine Technology Institute
Sarah Delmar
Founding Director, Maine Life Sciences Center
Maine Technology Institute Email Formats
Maine Technology Institute uses 2 email formats. The most common is {first initial}{last name} (e.g., jdoe@mainetechnology.org), used 63.6% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial}{last name} | jdoe@mainetechnology.org | 63.6% |
{first name}{last name} | johndoe@mainetechnology.org | 36.4% |
About Maine Technology Institute
The Maine Technology Institute (MTI) is an industry-led, publicly-funded, nonprofit corporation that offers early-stage capital and commercialization assistance in the form of competitive grants, loans and equity investment for the research, development and application of technologies that create new products, processes and services, generating high-quality jobs across Maine. The Maine Technology Institute was established by the Maine State Legislature in 1999. MTI, working with partners across the state, “shall encourage, promote, stimulate and support research and development activity leading to the commercialization of new products and services in the State's technology-intensive industrial sectors to enhance the competitive position of those sectors and increase the likelihood that one or more of the sectors will support clusters of industrial activity and to create new jobs for Maine people.” MTI is one element of the State's economic development strategy to contribute to the long-term development of a statewide research, development and product deployment infrastructure. See full statute. Every $1 of MTI funds received generates an additional $14 in non-MTI funding. MTI funded companies say that MTI funding has been critical to their commercial success. Since 2000, MTI has funded 1,295 technology projects in Maine, a financial commitment of $106 million that has leveraged over $173 million in additional funding for a total of $280 million.
Maine Technology Institute revenue & valuation
| Annual revenue | $26,000,000 |
| Revenue per employee | $553,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Strategic Management Services industry and current estimated revenues | $83,100,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 21-50
Seniority
Employees
Employees by Department
Maine Technology Institute has 12 employees across 7 departments.
Departments
Number of employees
Funding Data
Maine Technology Institute has never raised funding before.
Maine Technology Institute Tech Stack
Discover the technologies and tools that power Maine Technology Institute's digital infrastructure, from frameworks to analytics platforms.
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Miscellaneous
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Blogs
Analytics
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United Kingdom
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Isle of Man
Frequently asked questions
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