We help build Maine's next great companies.


The mission of the Maine Venture Fund is to provide resources to attract, support, and help develop eligible small businesses with the potential for substantial growth and success that will contribute to the prosperity of Maine.


The Fund has been actively investing in Maine companies since 1997, after its creation by an act of the Maine Legislature in 1995. Over $20 million has been invested in Maine companies from the Fund, which operates as a revolving, “evergreen” fund.

Why is the Maine Venture Fund important to Maine?

Testimonial: Pika Energy

Maine Venture Fund is a fantastic resource, providing not only funding but also deep experience and valuable connections for Maine entrepreneurs.  

Ben Polito, CEO and Founder Pika Energy

Testimonial: CourseStorm

We are fortunate to have MVF as a shareholder in our Edtech company. While the capital certainly makes a huge impact, it is their ongoing commitment to our company, and other in Maine, that really makes them feel like a partner.

Brian M. Rahill, Co-Founder and CEO CourseStorm, Inc.

Testimonial: Hyperlite

The Maine Venture Fund has been a great partner and influential driver in the growth and the success of our business. They are committed to growing small Maine businesses, which are undoubtedly the primary source of our state’s job creation and economic growth.  

Dan St. Pierre, CFO and Co-Founder Hyperlite Mountain Gear

Testimonial: Coast of Maine Organic Products

Maine Venture Fund has been a shareholder and valued advisor, helping to connect us with some of Maine’s best financial and business minds and providing invaluable strategic guidance.  

Carlos Quijano, President, Coast of Maine Organic Products, Inc.

Testimonial: Look’s Gourmet Food Company

When evaluating the various venture capital partners on our most recent round, it was important for me to include MVF because of their strong commitment to support the development of businesses in the State of Maine.

Mike Cote, CEO Look’s Gourmet Food Company

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