University of Maine: Fostering Maine’s newest innovations and companies

Transcript

The Maine Technology Institute (MTI) is a beneficial resource for inventors and entrepreneurs who are looking for early-stage capital to support the commercialization of new products and services. At TechWalk, a recent showcase of MTI’s most successful technology-based companies, the University of Maine’s role as a business resource was noteworthy, with many participating companies having strong connections to UMaine. In addition to generating spin-off companies and providing research and technical assistance to businesses, the University works with MTI to place students as interns at Maine companies through the Innovate for Maine Fellows Program. In this video, MTI president Brian Whitney and several MTI directors talk about TechWalk, UMaine, and how, in the presence of so many exciting new innovations, one can only be optimistic about Maine’s future.

The Innovate for Maine Fellows Program is administered by the University of Maine, and connects college students with Maine companies and business leaders. Internships provide support for students as they gain meaningful hands-on experience working on innovation-based company projects that accelerate growth. The program emphasizes entrepreneurship and innovation in an effort to help grow and create jobs across the state.

For more information about these and other innovation and economic development initiatives at UMaine, visit umaine.edu/econdev.