Gov. Janet Mills and the Maine Legislature have expanded the Maine Seed Capital Tax Credit program, which provides tax credits to investors and venture…
Maine Seed Capital Tax Credit
News
Entirety of Seed Capital Tax Credit again claimed on first business day of the year
For the second year in a row, the Maine Seed Capital Tax Credit has been depleted on the first business day of the year.…
Commentary
More thoughts on the new VC firm, its ‘first-of-its-kind’ fund, and implications for the Seed Capital Tax Credit
Last week, I reported on Opus Ventures and the new VC fund it’s raising to invest in early-stage Maine companies. If you read about it the…
News
New VC firm raising ‘first-of-its-kind’ fund to invest in Maine
A new venture capital firm based in Portland is raising a $10 million fund to make seed investments in early-stage, primarily Maine-based companies. It…
News
Investors request entirety of Maine Seed Capital Tax Credit’s annual allocation in Q1
It’s only April, but investors have already claimed—pending approvals—the Maine Seed Capital Tax Credit program’s entire annual allocation of $5 million, an event that…
News
Investors drain Maine Seed Capital Tax Credit with three and half months yet to go in 2017
The Maine Seed Capital Tax Credit, which provides tax credits to investors to encourage greater investment in Maine startups, has reached its annual cap of…