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Updates from the Maine Technology Institute
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November 2020 Newsletter
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In a Year of Tumult and Challenges, There's Much to be Thankful for
Monthly Blog Post from MTI''s President, Brian Whitney
2020 has unquestionably been rife with health, economic and societal challenges unlike any most of us have experienced in our lifetimes. And, while the past year is one that many would like to forget, it is prudent that, with the Thanksgiving holiday at hand, we reflect and appreciate how well we as a state and nation adapted, innovated, persevered and transcended.
The year certainly started off on a high note when David Roux announced a $100 million investment to create a graduate education and research center in Portland. His bold vision for the Roux Institute will help shape talent and venture creation across Maine for years to come. We thank him for his intrepid generosity and foresight. MTI looks forward to closely collaborating with the Roux Institute as it delivers its new model of graduate education and research that will "spur innovation, build talent, and drive economic growth" in the State of Maine.
Once the coronavirus crept into Maine, there was an obvious chill that gripped the business community due to the uncertainty. However, as Mainers often do, our entrepreneurs and businesses responded with vigor. Over the past year, there have been innumerable examples of Maine''s dreamers and doers stepping up to tackle the formidable challenges. MTI portfolio companies like STARC Systems, Flowfold, JAX and Hyperlite Mountain Gear, to name just a few, pivoted their operations to help meet the needs of their fellow Mainers during the pandemic. They deserve our recognition and appreciation.
In early October, the Harold Alfond Foundation announced that it was making an unprecedented $500 million investment in Maine and its institutions to "enhance the skills of the state workforce, promote innovation and entrepreneurial solutions, and strengthen the state''s infrastructure." The funding was allocated across eight entities including the UMaine System, Roux Institute, University of New England, Thomas College, FocusMaine, Colby College, Waterville Creates, and JAX. We applaud the Harold Alfond Foundation for its transformational commitment to Maine and its future.
Speaking of Maine''s future, the members of the Governor''s Economic Recovery Committee, an impressive assemblage of private and public sector leaders, has been meeting regularly since the spring to develop recommendations that will help Maine''s economy stabilize, sustain and grow. I commend them for their extraordinary efforts and thank them for the prudent recommendations they released this week.
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Top Gun 2021
Applications are Open!
Top Gun accelerates the progress of Maine''s most promising early stage, high-growth potential companies through a combination of mentoring, learning sessions, and community. The highly selective Top Gun program will accept about 40 companies in total, approximately 10 companies in each of the 2021 regional locations: Portland, Bangor, Lewiston/Auburn and Waterville.
In addition to submitting a short online application, prospective companies to the program will be required to submit a pitch deck and present a live pitch to the interview committee.
For dates, curriculum topics and more, visit the Top Gun page on the Maine Center for Entrepreneurs website.
Success Story of the Month
Friday: Responding to the rise in remote work
A few years ago, Luke Thomas moved back to Maine while he continued to work remotely for his employer in Boston. Being part of a distributed team inspired him to create online tools that made it easier to communicate and collaborate with co-workers. See how, with MTI's help, he turned these tools into a software company that just raised $2.1 million.
What''s Going on in the Ecosystem
The USDA Forest Service is Currently Accepting Applications for $10 Million through Grant Programs
The 2021 Wood Innovations Grant and the 2021 Community Wood Energy and Wood Innovation Grant seek to support local economies through wood products and wood energy innovations while reducing hazardous fuels and improving forest health.
More specifically, the Wood Innovations Grant program aims to strengthen emerging markets for innovative wood products. Projects that qualify would increase wood products manufacturing capacity, strengthen markets supporting forest ecosystem restoration as well as develop commercial facilities for wood biomass and wood products. Applications for the 2021 Wood Innovations Grant are due by January 20, 2021.
The goal of the Community Wood Energy and Wood Innovation Grant program is to support forest health by increasing renewable wood energy and innovative manufacturing for wood products. Applications for the 2021 Community Wood Energy and Wood Innovation Grant are due by February 3, 2021.
Click here to learn more about these grant programs.
MTI Team Spotlight
Amy Leshure, Senior Investment Officer
In what year did you join the MTI Team? 2019
What is your favorite aspect about your role with MTI? It is a great honor to work with such inspiring, knowledgeable and hardworking entrepreneurs. I love helping business owners any way I can.
How do you enjoy spending time when not at work? I have a degree in Botany, so I love to garden. If you give me a seed, I will sprout it and probably turn it into a houseplant.
If you could go anywhere in the world, where would it be and why? I would be having a coffee on a sidewalk in Paris.
Share something most people don''t know about you. I experienced a real volcano eruption in the next town over while I lived in Japan. The Earth shook for 4 days straight!
True or False. Tell us two truths and a lie about yourself, so our readers can guess which is false! (1) I am a descendant of Charlemagne. (2) I have used a Flamethrower. (3) I am trained in Hypnosis.
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Upcoming Events
View Our Calendar of Events for More |
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Creating a Customer, Not Just Making a Sale
December 1, 2020
Online
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Share Social, Ethical, Policy, and Legal Considerations
December 3, 2020
Online
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2020 Life Sciences Venture Summit Webinar Three: Scaling up your Life Sciences Company in Maine
December 3, 2020
Online
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How to Choose the E-commerce Platform That's Right for You
December 3, 2020
Online
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Business Mastermind
December 8, 2020
Online
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Buying a Business - What you need to know
December 9, 2020
Online
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Women Transforming Leadership
December 17, 2020
Online
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SBIR/STTR Solicitations
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Current Solicitations
National Science Foundation SBIR/STTR - Project Pitch Required, New Submission Window!
Proposals Due:
09/04/2020 - 12/03/2020
Department of Defense - ARMY 202.0.6 - SBIR
Proposals Due:
December 15, 2020
NASA SBIR/STTR - 21.2
Proposals Due:
January 8, 2021
National Institutes of Health SBIR/STTR
Proposals Due:
January 5, 2021, April 5, 2021
Department of Commerce - NOAA
Proposals Due:
January 13, 2021
Department of Energy SBIR/STTR 2021 Release 2
Proposals Due:
Letter of Intent due December 14, 2020. Proposals due February 22, 2021
Department of Homeland Security
Proposals Due:
Pre-Solicitation/Topic Release November 12, 2020. Proposals due January 15, 2021
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Upcoming Solicitations
Department of Education SBIR
Date:
2021 Standard: Estimated solicitation release: December 1, 2020. Date: 2021 Special Education: Estimated solicitation release: December 1, 2020
Department of Transportation
Date:
Estimated solicitation release: January 2021
Department of Commerce - NIST
Date:
Estimated solicitation release: January 2021
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For More Information
Email Karen West.
Read More about the SBIR/STTR program and MTI's Support Program |
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MTI Innovators in the News
Read More MTI Portfolio News |
Company plans biorefinery for zero-emission heating oil in Maine
Biofine Developments Northeast Inc. of Bangor has formed a partnership with New Hampshire-based wholesale energy supplier Sprague Resources LP to help produce and market a patented biofuel. The company was awarded a $750,000 grant from MTI to support commercial development.
Small businesses from Hancock, Washington counties vie for pitch-off prize
Five small businesses from Hancock and Washington counties will pitch their plans for the chance to win up to $8,000 in cash and in-kind services. The program aims to encourage, engage and create community for Downeast entrepreneurs.
Tech startups sought for Roux Institute residency program
As Northeastern University''s Roux Institute sets out to turn Portland into a technology and life sciences "innovation hub," the academic center is launching a residency program for startups focused on those and other areas. The program is set to formally kick off in January 2021.
Maine small businesses that won stimulus grants to start getting checks next week
Some 2,400 Maine small businesses and nonprofits that won a first round of federal pandemic stimulus grants will soon begin receiving checks. The grants are being awarded in two rounds by the state of Maine as part of the federal CARES Act. MTI and other organizations are reviewing applications.
For EBM Implant Manufacturer, Growth Is Built into the Plan
Amplify Additive, a startup founded in 2018 in Scarborough, Maine, focuses on additive manufacturing via electron beam melting (EBM) for the orthopedic implant industry. President, CEO and founder Brian McLaughlin recognizes that being ready to scale will be key to the success of his business.
Portland tech entrepreneur urges Maine investors to be better startup 'ambassadors'
As part of Startup Maine''s new virtual speaker series, Torey Penrod-Cambra encouraged Maine-based investors to grow their professional networks and expand their familiarity with other parts of the investment world. She also highlighted Maine organizations offering support such as MTI, mvf and FAME.
In Portland, MedRhythms and Roux Institute team up on research, talent development
MedRhythms Inc., a Portland-based medical technology startup, is teaming up with Northeastern University''s Roux Institute to generate strategic research collaborations, internships and cooperative work opportunities for Roux Institute graduate students.
Maine to give out another $54M in small business grants
As part of Phase Two of the federal CARES Act, more than 1,200 small businesses and nonprofits in Maine will soon learn if they won economic recovery grants. Nearly $54 million in checks will be coming in mid-December.
Portland remote-work startup raises $2.1M to fund further growth
Friday, a Portland-based developer of a communications platform for remote-work teams, recently raised $2.1 million in venture capital funding. The firm plans to use the funds for hiring, product development, sales and marketing and general costs. Friday received funding from MTI in prior years.
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Help us spread the news!
Send your press releases, events and news to info@maintechnology.org |
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2020
Maine Technology Institute. All Rights Reserved. |
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