Blog

GRPI

posted in 1 on February 16th, 2017

By Des FitzGerald Entrepreneur in Residence Maine Venture Fund There are a number of tools out there that can be useful to think about when it comes to managing your organization. One of the best is called GRPI. I was first introduced to it GRPI by Dr. Noel Tichy, a professor of Management and Organizations […]

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MVF Board Chair, Corky Ellis, On David Roux’s Speech

posted in 1 on November 16th, 2016

David Roux, founder and Board Chair of arguably the largest tech private-equity firm in the world, spoke as our featured guest at the Maine Venture Fund dinner in Freeport on Monday, September 26, 2016.   Roux has seen it all, and had many thoughts, born out of deep experience, about entrepreneurs, on what it takes to […]

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Micro-VC Funds Within Range of Maine

posted in on October 15th, 2015

By Jayme Okma Lee, Investment Manager, Maine Venture Fund The majority of venture capital funds will only invest in companies within driving distance to their offices. This can be a real disadvantage to companies in Maine, which sometimes are literally at the “end of the line”.  For this reason Maine companies seeking equity capital outside of […]

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Summer Associate MBA Intern, Brandon Smith’s at Maine Venture Fund

posted in on August 4th, 2015

When I started looking for internships, I wanted to find something at a start-up or at a venture capital fund that would allow me to use my technical background in chemistry and engineering. I was ecstatic when I found all of this combined in the Maine Venture Fund (MVF) summer internship, and knew this opportunity […]

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How do investors benefit from the Maine Seed Capital Tax Credit?

posted in on December 2nd, 2014

The Maine Seed Capital Tax Credit has been in effect since the early 1980s as an incentive to get investors to put their capital to work in Maine-based businesses. While the program took an unexpected hiatus beginning in 2013 due to the State’s fiscal difficulties, it is available again as of August 2, 2014 with […]

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Maine Seed Capital Tax Credit Back in Business

posted in on September 24th, 2014

Early in 2013, the Maine Seed Capital Tax Credit Program reached its statutory cap and the program went into an extended hiatus. Despite bipartisan support for the program, the State’s tight budget made it difficult for the Legislature to extend the program, but it is again open to new investments in eligible Maine businesses, although […]

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From MVF’s Summer MBA Intern

posted in on August 27th, 2014

Jeff Devlin, MBA Candidate Dartmouth’s Tuck School of Business Management This summer I’ve traded the woods of Dartmouth for the rocky shores of Portland, Maine as an MBA intern at the Maine Venture Fund (MVF). As a first year MBA candidate, the options for summer internships were overwhelming to say the least, but when I […]

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Is doing business in Maine really as bad as the national media leads us to believe?

posted in on July 8th, 2014

The most surprising thing that I have learned in my year and a half working with the Maine Venture Fund is that Maine has a far more robust community of funders, business assistance agencies, and funding organizations than I ever thought. For example, let me tell you about a startup company in the Portland area […]

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Getting your company ready for a sale

posted in on June 5th, 2014

Most entrepreneurs dream about that big day when they get that large financial reward for all the blood sweat and tears that they have poured into their company. It is hard NOT to dream of that day and it does provides a powerful incentive for all the work and the risks entrepreneurs must take along […]

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Board Basics

posted in on May 29th, 2014

Why do Venture Capital sources of funds expect me to give control of the company I started to an independent board of directors? Because it is someone else’s money. After founders have raised funds from friends and family, and in some cases, angels, the next round of capital is likely to come from professional investors, […]

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