The Maine Technology Institute in October awarded $1.45 million in loans and grants to 26 Maine technology companies. The majority of those funds—$997,700 to be…
News
News
Surge Hydro wins regional Cleantech Open
For the third time in five years, a Maine startup has been chosen as a winner of the northeast regional Cleantech Open, a competition for companies…
Funding
In its first investment round, CourseStorm raises nearly $1M to expand reach
CourseStorm Inc., the startup in Orono that provides course-registration software to education organizations, has raised $760,000 in a Series A round of equity investment. If…
News
Maine Technology Institute awards nearly $118K to nine Maine companies
The Maine Technology Institute awarded $117,824 in grants to nine Maine companies in September 2016. MTI awarded three TechStart grants totaling $12,500, four Business…
News
Maine companies raise more than $3M in Q3 of 2016
Three Maine companies raised capital from venture capitalists or angel investors during the third quarter of 2016, according to a tally by Maine Startups Insider. As…
Funding
Tilson Technology raises $3M to fuel worldwide growth
Tilson Technology Management, based in Portland, has raised $3 million to fuel its growth worldwide in deploying information-technology software and building telecommunication networks. CEO…
News
Bangor nonprofit forms to coordinate local entrepreneurial programs
A new nonprofit has formed in the Bangor area to coordinate efforts among the region’s various entrepreneurial initiatives and to more effectively market the…
News
UMaine Business Challenge receives boost from major sponsor
The UMaine Business Challenge, Maine’s largest student business plan competition, has landed a major corporate sponsor that will secure its future for at least…
News
Awards, straight talk on menu at Maine Venture Fund annual dinner
The Maine Venture Fund held it annual dinner on Monday evening in Freeport, offering the fund a chance to thank its board and portfolio companies.…