Stories Related to Maine Technology Institute Awards $1.5 Million In Loans

Maine Technology Institute, a state-backed agency that supports technology-oriented startups, awarded more than $1.5 million to Maine companies in February, leveraging $1.8 million in matching contributions. Among the companies receiving development loans, which help a startup bring an innovative product or process to market are: Abierto Networks of Eliot, which received $249,996 and provided a match of $263,081; CLYNK of South Portland, which received $225,000 and provided an equal match; CryptoMedix of Harpswell, which received $237,441 and provided a match of $254,011; Davo Technologies of Portland, which received an loan of $200,000 and provided an equal match; Likeable Local of Portland, which received $254,884 and provided an equal match; STARC Systems of Brunswick, which received $107,400 and provided an equal match. Additionally, 13 companies received smaller seed grants totaling $300,000.

Sections:  u.s.   
Topics:  Maine   Cumberland County   Portland   

 

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