The Target Information Technology Incubator is located within the Target Technology Center in Orono, Maine. The Center was developed by the Bangor Target Development Corporation in partnership with the University of Maine, the State of Maine, and the city of Orono. The Target Technology Center was one of the first four designated Applied Technology Development Centers to be established in the State of Maine.
The Center was completed in the Fall of 2001, with a grand opening celebration on June 7, 2002. The Target Information Technology Incubator comprises 1/3 of this 20,000 sq. ft facility. The facility also houses established technology companies, University of Maine researchers, including the National Center for Geographic Information Analysis and a super computer cluster developed in partnership with the Department of Defense and Applied Thermal Sciences.
The Incubator program was developed to stimulate the growth of early stage information technology companies, within an environment that is fostering information technology activity. The University of Maine is sponsoring the Incubator program as a way to facilitate commercialization of University based research, in addition to supporting the development of new technologies in the private sector.
The Incubator accepted it’s first tenant, Stillwater Scientific Instruments, in January of 2002.
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