Maine Technology Institute Selects STARC for Investment

STARC and Nine Others Selected From 84 Applicants; Projects Span New Innovations in Maine’s Traditional Industries; Create and Retain Over 1,600 Jobs

Brunswick, ME – The Maine Technology Institute (MTI) has approved ten (10) awards from the Maine Technology Asset Fund 2.5 (MTAF2.5) program. “Given the extraordinary challenges facing Maine businesses and organizations during the pandemic, we are very excited and encouraged to announce these noteworthy awards,” said Brian Whitney, MTI’s President. “The projects align well with the state’s newly adopted 10-year strategic economic development plan and have meaningful economic impacts, especially in rural Maine.”

STARC Systems has found a major market opportunity for Infection Isolation solutions to help stop the spread of COVID-19 within hospitals. Sales of panels for Isolation drove March and April, up over 200% to last year. The award will help fund automated equipment to reduce machining bottlenecks, manage a larger, more complex product assortment and increase the availability equipment and labor for R&D on isolation-specific solutions.

Read more about MTI’s awards here.

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