In early January, a Salt Lake City-based software company called ARCOM acquired InterSpec, a small, under-the-radar software firm in South Portland. InterSpec develops software and…
News
News
Top Gun accepts 38 startups into 2017 accelerator
Top Gun, a program of the Maine Center for Entrepreneurial Development designed to help entrepreneurs ramp up their businesses, announced today that 38 startups it’s…
Funding
MTI provides grants to seven Maine companies in December
The Maine Technology Institute awarded $95,213 in grants to seven Maine companies in December 2016. MTI awarded three TechStart grants totaling $10,670, two Business…
News
CEI Ventures closes fourth VC fund at $10M
CEI Ventures has raised an additional $2 million to fully capitalize its fourth venture capital fund, Coastal Ventures IV. The $2 million, in addition…
News
CourseStorm accepted into Boston EdTech accelerator
CourseStorm, the Orono-based startup that’s developed course-registration software to education organizations, has been accepted into the LearnLaunch accelerator in Boston. The company was one…
News
LePage’s budget would cut funding for business incubators, co-working spaces
When Gov. Paul LePage released his proposed two-year budget last week, it contained a surprise for Tom Rainey, the new executive director of the…
Funding
New report shows weak Q4 VC activity in Maine, but doesn’t tell whole story
Maine saw a single venture capital deal in the fourth quarter of 2016, mirroring a national weakening of VC activity in the last three…
News
Maine Technology Institute provides $1.2M to foster Maine’s industry clusters
The Maine Technology Institute announced this week it has provided more than $1.2 million to four organizations dedicated to growing certain of Maine’s high-potential,…
Funding
Software, medical device companies among MTI grant recipients in November
The Maine Technology Institute awarded $33,100 in grants to six Maine companies in November 2016. MTI awarded five TechStart grants totaling $23,100 and two…