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Entrepreneurs
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Celebrating the 2021 Business Leaders of the Year
Updated: March 22, 2021In a world profoundly and permanently changed by the COVID-19 pandemic, the 2021 Mainebiz Business Leaders of the Year are seven remarkable individuals whose perseverance, resilience and vision are necessary more than ever.
Updated: March 22, 2021
Portland startup pioneers a hat to secure implants for deaf children
Updated: March 15, 2021A family's own need led to CoAmplify, a Portland startup that created a hat to give deaf kids "the freedom to just be kids."
Updated: March 15, 2021
Biddeford-based Hyperlite Mountain Gear adds NY investor
March 8, 2021T-street Capital LLC typically invests $5 million to $25 million in growing, small- to mid-sized consumer goods businesses. The investment in Hyperlite follows a round of early-stage venture financing the company received three years ago.
March 8, 2021
Maine co-launches international hackathon to help rural regions recover from pandemic
Updated: March 4, 2021The virtual forum invites participants from Maine and across the North Atlantic to identify digital solutions to deliver essential health care services and create a recovery plan for the tourism industry, with a focus on rural communities.
Updated: March 4, 2021
Gorham Savings relaunches LaunchPad business pitch contest
March 1, 2021A year after canceling in 2020 at the start of the coronavirus pandemic, organizers open the 2021 edition with a few tweaks, including a virtual finale that will be livestreamed.
March 1, 2021
Portland venture capital firm acquired by Midwest financial services company
February 22, 2021North Atlantic Capital Corp., co-founded in 1986 by David Coit and with headquarters in downtown Portland, will become part of Stifel Financial Corp., based in St. Louis.
February 22, 2021
Maine's Roux Institute to launch tech accelerator with Colorado firm
Updated: February 22, 2021The Northeastern University-affiliated institute is teaming up with Boulder, Colo.-based Techstars, which since 2006 has invested in over 2,300 companies with a combined market value of more than $193 billion.
Updated: February 22, 2021VC funding in Maine plummeted last year, defying national trend
February 19, 2021Across the U.S., venture capital-backed companies received record-high funding in 2020, although the number of deals was down. In Maine, results were just the opposite.
February 19, 2021
Another out-of-state entrepreneur opens marijuana testing facility in Maine
Updated: February 19, 2021A New Hampshire lab owner saw an opportunity to set up a testing lab when Maine voters approved adult recreational use of marijuana. Only two other other marijuana testing labs have been operating in the state.
Updated: February 19, 2021Thomas student's startup aims to modernize Maine snowmobile tourism
February 18, 2021Entrepreneur Jake Ward, frustrated at the lack of convenient information on the state's extensive snowmobile trail network and amenities, has created a website to boost an industry that draws 30% of its participants from out of state.
February 18, 2021
Startup Notebook: Portland software developer raises $600K, joins Roux residency starting lineup
February 17, 2021KinoTek Inc., one of six companies selected to join the first cohort of the Roux Institute Startup Residency program, aims to launch its first product later this year.
February 17, 2021
Maine tops Northeast among best states for starting a small business, new study says
Updated: February 3, 2021States in the northeastern U.S. didn't fare well in the analysis by a Motley Fool small-business website. But Maine outscored them all, narrowly surpassing New York.
Updated: February 3, 2021
Q&A: How broadband demand spurred growth of network mapping service
Updated: February 2, 2021Since raising $1 million in 2017, business at VETRO FiberMap has snowballed, serving customers around the world. In 2020, as the need for internet access skyrocketed, VETRO raised $2.5 million and is expanding its technical team.
Updated: February 2, 2021
Skowhegan sales pitch to startups gains momentum
Updated: February 1, 2021Kristina Cannon, executive director of Main Street Skowhegan, addressed StartupMaine's virtual speaker series last week about all that Skowhegan has to offer entrepreneurs looking for a location.
Updated: February 1, 2021
On the Record: New SCORE chair brings A-lister experience to Portland startup community
Updated: January 25, 2021Jonathan Trumper, a former New York entertainment consultant, now heads the Portland chapter of the business mentoring nonprofit. He talked with Mainebiz about his new role and the area's potential for cultivating entrepreneurs.
Updated: January 25, 2021
Saco’s Mill Brook Business Center is becoming a microcosm of small-business enterprise
Updated: January 25, 2021In southern Maine's tight market for industrial real estate, developers and businesses are now looking for small spaces that can be adapted to suit a variety of uses. That's been the draw at Mill Brook for a broad assortment of companies.
Updated: January 25, 2021
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