Certify, the Portland-based company that was a pioneer in cloud-based expense management software, is celebrating its 10th anniversary with a string of acquisitions that…
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Maine entrepreneur wins national award
Maddie Purcell, founder of Fyood Kitchen in Portland, on Thursday received the national Outstanding Young Entrepreneur award from SCORE, the nonprofit organization that helps…
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Bangor Angels raise its third and, so far, largest fund
The Bangor Angels has raised its third investment fund in five years—and it’s the biggest one yet, both in terms of dollar value and…
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MTI scraps siloed grant programs, revamps how it supports Maine’s innovative companies
The Maine Technology Institute has revamped how it financially supports startups and the Maine’s innovation ecosystem, scrapping its slate of grant and loan programs.…
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Local group in ‘active talks’ to rescue Fork Food Lab from closure
A local group is engaged in “active talks” to acquire Fork Food Lab from its New York-based parent company and save the kitchen incubator…
Funding
ORPC raising $10M to fund company’s next big push
Ocean Renewable Power Co., a Portland-based company focused on generating renewable energy from the world’s oceans and rivers, is in the process of raising…
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Ten Maine companies make the 2018 Inc. 5,000 list
Inc. magazine’s 2018 list of the country’s 5,000 fastest growing privately held companies includes 10 businesses that call Maine home. Ten companies appearing on…
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Idexx v. Vets First Choice is an important test case for the use of non-competes in Maine’s innovation ecosystem
Idexx Laboratories Inc. filed a lawsuit in U.S. District Court in Portland on Aug. 3 alleging that two former employees “misappropriated” confidential and proprietary…
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NYC-based owner places Fork Food Lab on the chopping block
Pilotworks, the New York City-based owner of Portland’s Fork Food Lab, informed its members on Monday that it was closing the kitchen-incubator space that…