Maine Technology Institute

Brunswick, United States Founded: 1999 • Age: 27 yrs
Maines technology sector is supported by a state government agency.
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About Maine Technology Institute

Maine Technology Institute is a company based in Brunswick (United States) founded in 1999.. Maine Technology Institute offers products and services including Business Innovation Funding, Federal Funding Application Support, and MERC Program.

  • Headquarter Brunswick, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
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Products & Services of Maine Technology Institute

Maine Technology Institute offers a comprehensive portfolio of products and services, including Business Innovation Funding, Federal Funding Application Support, and MERC Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Offers grants and loans for innovative business projects

Assists with SBIR and STTR funding applications

Provides technical assistance for entrepreneurs

People of Maine Technology Institute
Headcount 1-10
Employee Profiles 13
Employee Profiles
People
Troy Dayon
Maine Entrepreneurial Resource Corp (merc) Consultant
People
Benjamin Welbourn
Business Consultant - Maine Entrepreneurial Resource Corps (merc)
People
Greg Lee
Director Of Finance And Administration
People
Tom Kittredge
Senior Investment Officer

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Funding Insights of Maine Technology Institute

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $80,000
  • First Round

    (21 Apr 2008)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2008 Amount Grant - Maine Technology Institute Valuation

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Jul, 2021 Amount Post-IPO - Grab Valuation

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Investors in Maine Technology Institute

Maine Technology Institute has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include United States Department of Agriculture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Leadership is provided on agriculture, food, and rural development matters.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Maine Technology Institute

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Maine Technology Institute

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Maine Technology Institute Comparisons

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Competitors of Maine Technology Institute

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Maine Technology Institute

Frequently Asked Questions about Maine Technology Institute

When was Maine Technology Institute founded?

Maine Technology Institute was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Where is Maine Technology Institute located?

Maine Technology Institute is headquartered in Brunswick, United States. It is registered at Brunswick, Georgia, United States.

What does Maine Technology Institute do?

The Maine Technology Institute was established in 1999 in Brunswick, United States, as a government agency. Economic growth in Maine is facilitated through funding and programs targeted at technology innovation. Investments are made in research, commercialization, and workforce development within the technology sector. Operations are centered on the state of Maine, with services provided to businesses and institutions to enhance competitiveness and job creation.

What products or services does Maine Technology Institute offer?

Maine Technology Institute offers Business Innovation Funding, Federal Funding Application Support, and MERC Program.

Who are Maine Technology Institute's investors?

Maine Technology Institute has 1 investor. Key investors include United States Department of Agriculture.

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