Blog

News and Highlights from our Newsletter

Subscribe

Maine Venture Fund welcomes HighByte, Inc. to its portfolio

Maine Venture Fund is proud to welcome HighByte to our portfolio of innovative Maine start-ups. HighByte is on a mission to make industrial data useful so manufacturers can rapidly and securely scale their Industrial Internet of Things (IIoT) projects from pilot to...

read more

Reconnect, a public benefit corporation

Maine Venture Fund is proud to welcome Reconnect to our portfolio of innovative Maine start-ups. Reconnect’s mission is to revolutionize the criminal justice industry by building technology to win the fight against incarceration and recidivism. Why is Maine Venture...

read more

Corky Ellis on tech in Maine and the Roux Institute

Corky Ellis guest-writes our newsletter this month. Corky is an active member in the Maine technology community, was founder and CEO of Kepware Technologies until its acquisition by PTC, and recently served as MVF's Chair of the Board.  Below, Corky relates his...

read more

Fundraising in Maine

If you haven’t yet read it, we’d highly suggest Maine Governor Janet Mills’ recently released 10-year Economic Development Plan. The primary challenge to companies and entrepreneurs: grow the workforce over the next decade by 75,000 workers at minimum, and more if...

read more

MVF Holiday Gift Guide

Hyperlite Mountain Gear Have an outdoor enthusiast on your gift list this holiday season? Give the gift of the world’s most lightweight gear. This company specializes in high quality, American made camping and backpacking equipment. HMG is running some great holiday...

read more

Sales Matters

By John Murray John Murray is a 30 year sales veteran and current chairman of Maine Venture Fund. So you are a budding entrepreneur with an amazing new product, app or service. You have a fantastic pitch deck that wows the audience and shows a hockey stick revenue...

read more

An Evening of Reflection and Recognition

On a balmy September evening this week, Maine Venture Fund portfolio companies and participants from the broader Maine investment community gathered for the annual MVF Recognition Event. This is an opportunity for the fund to recognize those portfolio companies with...

read more

Governance Learnings: Top 15 Lessons for Boards

In the blink of a summer firefly, the six highly-informative July 2019 board governance sessions are behind us. For those of you who attended, and also for those who weren’t able to be there, Maine Venture Fund distilled our own “Top 15 Lessons for Boards” below....

read more

Special Report on Maine Seed Capital Tax Credit Program

The Maine Seed Capital Tax Credit Program has successfully attracted private venture capital to early stage, high growth businesses for over 30 years. In recent years, however the annual $5 million ceiling has been used up earlier each year. In 2019, the $5...

read more

Bon Voyage

Written by John Burns, Managing Director In 2005, I was faced with my second hiring decision at Maine Venture Fund.  It came down to two candidates, both highly qualified.  I wavered.  A mentor and MVF board member looked at me...

read more

Board Governance

A common denominator of successful companies is sound governance. At some early stage in a growing company’s life, putting a board of directors together and agreeing to governance principles is a key success factor. MVF wrote a blog post last October on why...

read more

4 tips to help a business be acquisition ready

The big news in the Maine startup ecosystem is the acquisition of Pika Energy by Generac, Inc. As reported by Maine Startups Insider (Wisconsin Company Acquires Pika Energy), all Pika shareholders, including MVF, received a healthy return on their investment.  In...

read more

MVF Welcomes Newest Team Member, Joe Powers

The Maine Venture Fund is pleased to announce that Joe Powers has joined our management team as a venture capital analyst and investment manager. Joe holds an MBA from Tuck school of business and has spent much of the last decade in San Francisco and New York where he...

read more

MVF Needs Your Help Today!

Maine needs your help! MTI, CEI, MVF, Maine Angels and others in Maine’s innovation economy have established the MaineCanDo platform designed to help individuals, employers, and investors to prevent future #MeToo incidents in the places where we work, shop, eat, and...

read more

Taking the Temperature of Maine’s Entrepreneurial Ecosystem

It is the start of a new year, so we at MVF wanted to reflect back on the entrepreneurial ecosystem in Maine in 2018. In their annual “State of the Ecosystem” report, Maine Accelerates Growth sought to measure and analyze four indicators for entrepreneurial ecosystem...

read more

MVF Holiday Gift Guide

The holidays are fast approaching, which means it is time to get serious about finding something for everyone on your gift list. We know this can be a daunting task, so we have put together a list of our portfolio companies offering products that would make great...

read more

Board of Director Worries?

We understand that CEOs of private companies may be uncomfortable with the idea of a board of directors, or simply feel that a board is unnecessary. Who wants people looking over their shoulder and questioning decisions? Many founders worry about giving up control of...

read more

More Employees Equals More Responsibilities

We at MVF are dedicated to investing in growing Maine companies. Many of these companies only have five or fewer employees at the time of our initial investment, though they frequently grow to more than twenty. This is of course great and indeed part of our mission;...

read more

Quick Topic Search

Subscribe To Our Newsletter

You have Successfully Subscribed!