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Late Summer 2017 News

A busy first half of 2017! MVF completed six follow-on investments in existing portfolio companies to date this year, totaling $745,138, alongside private individuals and other investors. The six companies raised a total of $6,254,715 of growth capital that will be used primarily for operating expenses, such as wages for Maine-based employees. Read Full Newsletter

Spring 2017 News

On June 13, 2017 Question #1 on the ballot will be a referendum on a $50 million bond issue for economic development.  The majority, $45 million, would go into the Maine Technology Asset Fund, administered by the Maine Technology Institute (“MTI”), and be available for loans and grants. Read Full Newsletter

January/February 2017 News

A Message from Maine Venture Fund’s Managing Director: Welcome, finally, to a Maine winter! There is so much happening at Maine Venture Fund,  and all around the ecosystem, these days that I would like to highlight a few items. Webinars!  I am pleased to report that MVF just hosted its first webinar, in what we plan to be a series, on topics relevant to early stage companies that seek to scale significantly.  Read Full Newsletter

Fall 2016 News

Maine Venture Fund presented its annual awards to three of its portfolio companies and recognized a fourth at the fund’s CEO and Company Recognition Dinner at the Hilton Garden Inn on Monday, September 26. Receiving the award for Management Team of the Year was Coast Of Maine Organic Products, Inc. led by CEO Carlos Quijano, COO Sid Malone and Director of Marketing Cameron Bonsey. Read Full Newsletter