John Burns

Managing Director

John has 30 years of institutional investing experience; the last twelve as MVF Managing Director, where his responsibilities include the full range of venture capital investment activities. He has been directly involved with bringing risk capital to more than 40 Maine companies, and has led the Fund through a number of successful exits.

Joe Powers


Joe joined Maine Venture Fund in 2019. Prior to MVF, Joe worked for a number of startup technology firms (Tesla, Zoox, Clean Marine Energy) in a variety of roles. Joe also has experience as an entrepreneur (Ripso) and angel investor. Joe is an alumnus of Middlebury (BA) and Tuck (MBA).

Terri Wark

Office Operations Manager

Terri joined the Maine Venture Fund in 2001 as Administrative Associate.  Prior to that, she was employed for nearly ten years with the Finance Authority of Maine (FAME) in the Small Business and Commercial Loan Division. Ms. Wark attended the University of Maine. 



Authority for the Maine Venture Fund resides with an eleven-member Board of Directors, the Small Enterprise Growth Board (SEGB). Members have relevant experience and background in early-stage investing, managing high-growth small businesses, development of technological innovation, commercial lending, and securities law. The Board works closely with prospective and current portfolio companies to provide invaluable advice, resources, and support.

John Murray


John is Vice President of Sales at Reconnect (Cumberland, ME), a software company dedicated to reducing incarceration and recidivism in the criminal justice market.  He previously held several senior management roles in both sales and operations in the industrial automation and controls industry. John has been involved in several startups, including and his own company, PID Inc., an industrial controls supplier.

View LinkedIn Profile

Tom Dunne

Vice Chair

Tom spent a large part of his career as a partner at management consulting firm, Accenture, retiring in 2003. Since his retirement, Tom has served as an advisor to several Maine businesses ranging from start-ups to mature mid-size and was one of the start-up founders of Maine Seafood Ventures, a lobster processing enterprise. Tom is a member of Hub Angels, a Boston based investment group as well as the Maine Angels, a Portland based investment group.

View LinkedIn Profile

Theresa Hodge


Theresa is Executive Vice President and Senior Commercial Lender at Bath Savings Institution.  She began her banking career in 1986 and has been with Bath Savings since 2004.  In addition to working at commercial banks, she spent ten years during the 1990s as a senior lender in the public sector with the Finance Authority of Maine and Coastal Enterprises, Inc.

View LinkedIn Profile

Elizabeth Chabe

Elizabeth (MBA, MS) runs a privately held business strategy consultancy. She has held management positions at The Jackson Laboratory and the University of Maine’s Advanced Structures and Composites Center, and remains active in Maine’s research and development community. An avid entrepreneur, her startups have been recognized by Global Entrepreneurship Week, Entrepreneur Magazine, CNBC, and more. She serves as a board member of the Maine Venture Fund and is the chair of the Chinese Language and Culture Center of Maine. In her spare time, Elizabeth enjoys studying languages, investing, and travel.

View LinkedIn Profile

Helen Sterling Coburn

Helen is a corporate and securities attorney at Bernstein Shur, where she co-chairs the firm’s private capital group.  In that role, she counsels start-up companies raising investment capital and also represents investors making investments in early-stage companies.  Helen is also on the Board of Directors of Startup Maine, Inc., on the investment committee of the Indus Fund, and has served on advisory boards of several enterprises.   She holds a BA from Dartmouth College and a JD from Boston College Law School. 

View LinkedIn Profile

Peter DelGreco

Peter serves as President and CEO of Maine & Company, a privately funded business attraction and economic development organization. Charged with helping companies establish successful and profitable operations in Maine, Maine & Company’s Board of Directors consists of top executives from Maine’s business community. During Peter’s tenure, Maine & Company has attracted numerous companies to Maine that now employ thousands of people across the state.

Peter is a graduate of Colby College and he earned his MBA from the University of Southern Maine. Peter and his wife and son reside in North Yarmouth, Maine.

View LinkedIn Profile


Claire Deselle

Claire is currently the System Vice President of Applied Innovation and Performance Improvement for Northern Light Health. She is leading the design, development and implementation of a structured Innovation Research & Development framework tasked with positively impact care delivery. Previously, she has had a number of leadership roles including Chief Operating Officer for the Maine Institute for Human Genetics and Health, a non-profit research entity; and President and CEO of CS-Keys Inc., a biotech company developing cancer diagnostics and therapeutics.

View LinkedIn Profile

Greg Fryer

Greg heads the Securities Law Group of Verrill Dana, LLP, a New England regional firm of more than 130 lawyers, with offices in Portland ME, Boston MA, and Westport CT. A substantial part of Greg’s practice is advising startup companies or investors in transactions to raise capital. His other practice areas are corporate law, securities regulation, contract negotiations, and mergers and acquisitions. Greg is a member of Maine Angels, a group of accredited investors who meet monthly in Portland, Maine and provide investment and mentoring to early-stage companies. He also is a Trustee of Maine Maritime Academy.

View LinkedIn Profile

Susan Hammond

Susan, a Penobscot tribal member, is the long-standing Executive Director of Four Directions Development Corporation (FDDC), a Native-governed Community Development Financial Institution (CDFI) serving the four tribes of Maine.  As one of the founders, Ms. Hammond has been involved with FDDC since the earliest planning stages which began in the fall of 2000. 

Ms. Hammond graduated from the University of Maine at Orono with a BS in Business Administration.  Ms. Hammond is well connected in both the local Wabanaki communities and national Native American organizations.  

Ms. Hammond serves on numerous Maine boards: Maine Community Foundation, Eastern Maine Development Corporation, MaineStream Finance, and Coastal Enterprises Inc. and Oweesta Corporation, a national intermediary Native American CDFI.   Ms. Hammond has been awarded the Maine SBA Minority Small Business Advocate of the Year Award.  She is also a recipient of the Visionary Leader Award and Circle of Honor Award from the national CDFI association, Opportunity Finance Network and Oweesta Corporation.

View Linkedin Profile

Charlotte Mace

Charlotte is the Director of the Office of Business Development at the Maine Department of Economic & Community Development.  Her Office is responsible for investment attraction, tax incentive programs, and business retention and expansion for Maine businesses.  Charlotte is also leading the development of the State’s new domestic trade assistance program for Maine businesses.  She was previously the Executive Director of the manufacturing trade association Biobased Maine, which works to create good jobs in rural Maine manufacturing value-added products from our natural resources. Charlotte is on the Executive Committee of the industry-led group Forest Opportunity Roadmap Maine, and Co-Chairs FOR/Maine’s Market Attraction Committee, working to attract new investment to Maine’s forest industry. Prior to Biobased Maine, Charlotte worked in consulting, assisting clients in preparing sustainability reports and identifying issues related to their triple bottom line. Charlotte began her career at consulting firm Woodard & Curran, where she was a Project Manager on environmental and sustainability consulting projects. Charlotte has an undergraduate degree in biochemistry from Bowdoin College, and an MBA from the University of Southern Maine, where she concentrated her studies on marketing and sustainable business.

View LinkedIn Profile


Brien Walton

Brien is the CEO of Acadia Capital Management, LLC, a non-profit, strategic advisory firm that works directly with municipal leaders of economically-distressed communities (“Opportunity Zones”).  In that role, Brien creates innovative funding pathways that enable communities to attract social impact investments that can eliminate poverty through sustainable job growth and permanent job creation.  Brien is also a professor of entrepreneurship at Husson University, which provides experiential leadership development opportunities for aspiring entrepreneurs.  A former corporate tax attorney, Brien was the founding CEO of the first university-based, EdTech venture capital fund in the U.S. at the University of Pennsylvania.  In that role, he created an award-wining shared space innovation hub in downtown Philadelphia, and more than half of the inaugural cohort was acquired by large or publicly-traded companies within seven years.

Brien earned his Doctorate of Education in Organizational Learning Leadership at the University of Pennsylvania with a concentration in Leadership Development at the Wharton School of Business; a Juris Doctorate in Law at the University of D.C., a Master of Science in Education in Workforce Development at the University of Pennsylvania; a Master of Arts in Educational Technologies at Harvard University; and a Master of Laws in Taxation at Georgetown University.

View Linked In Profile



Subscribe To Our Newsletter

You have Successfully Subscribed!