For Companies

The Maine Venture Fund is a Maine-based fund that focuses exclusively on investing in promising growth companies. The fund considers Maine based companies in almost all industry sectors, though the return potential of the investment must be high enough to justify the risk taken. A company must meet the following threshold criteria in order to be considered for an investment from the Maine Venture Fund:

  • Have significant operations in Maine
  • Employ 50 or fewer people or have gross sales of $5,000,000 or less within the past 12 months
  • Provide evidence of the need for financial assistance to realize its projected growth and achievement of public benefit, including but not limited to Maine-based job growth and retention
  • Receive co-investment in an amount at least equal to the investment amount sought from the Maine Venture Fund
  • Demonstrate a viable plan for providing a return on investment for the Maine Venture Fund and other investors

The Maine Venture Fund considers each company and investment opportunity on an individual basis. Similar to all venture capital funds, the Maine Venture Fund is looking for companies that display the following characteristics:

    • Experienced management team
    • Unique product in a strong market
    • Compelling value proposition
    • Scalable business model
    • Clear & realistic exit strategy