Maine Venture Fund Email Format
Venture Capital and Private Equity PrincipalsMaine, United States11-50 Employees
Maine Venture Fund is a professionally managed entity that concentrates on Maine-based companies with high-growth potential and public benefit. It traces its origins to a 1995 Maine Legislature act and began operating in 1997 to improve access to patient, long-term resources for local entrepreneurs. The fund is organized as an evergreen revolving vehicle, intended to sustain its activities over time. Based in Newport, Maine, the firm maintains a small resident team. In recent developments, it has formed partnerships to support Maine startups, including collaborations with All Stage, Inc. and with the Maine Community Foundation. The fund's governance includes a board of directors appointed by the Maine governor, reflecting its state-linked status.