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June 24, 2016

DECD, Greenlight Maine partner to double prize purse, fuel jobs

Courtesy / David Thompson, Shamrock Brian Corcoran, CEO and founder of Shamrock Sports & Entertainment and partner in Portland Media Group, which is behind the Greenlight Maine entrepreneur competition and TV show.

The Maine Department of Economic Development will help entrepreneur competition Greenlight Maine at least double its purse to $200,000 in season two, and expand its reach in the state with the aim of also creating more jobs in the state.

“Thru the power of this public-private partnership, Greenlight Maine and Maine DECD will provide additional intellectual and financial capital to participating entrepreneurs and startups to fuel related jobs in our state,” Brian Corcoran, partner in Portland Media Group, which is behind Greenlight Maine, wrote in an email responding to questions from Mainebiz.

The winner of season one of Greenlight Maine, which has been airing weekly after Bill Green’s Maine on Saturday evenings, will be announced tonight as Maine Startup & Create Week culminates.

Corcoran said Maine DECD will provide Greenlight Maine with a $100,000 investment that will directly benefit the growth of its annual prize purse grants.

“We are in active conversations with other private and public foundations with goal of doubling the Greenlight Maine prize purse and related grants from $100,000 in season 1 — to $200,000+ in season two,” Corcoran wrote.

Read more

New malthouse doubles craft brewer access to local malts

'Greenlight Maine' charges into second season

Will Maine Startup and Create Week spark an 'innovator invasion'?

Garbage to Garden wins $100K Greenlight Maine purse

Greenlight Maine picks 26 semifinalists for Season 2

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