Did you know?

For every $1 that the SEGF invests in a Maine business, more than $9 are invested alongside by individuals and other venture funds.

You might also be interested in:

>>Maine Technology Institute, a state-funded nonprofit corporation that offers early-stage capital and commercialization assistance for the research and development of innovative technology-based projects that create new products, processes and services, generating high-quality jobs across Maine

>>Maine Angels, provider of a cooperative mechanism for qualified investors to collaboratively locate, investigate and make investments in promising early-stage companies

>>Maine Seed Capital Tax Credit Program, a program designed to encourage equity and near-equity investments in eligible Maine businesses, directly and through private venture capital funds. Investments may be used for fixed assets, research or working capital

For more links, please go to the "Resources" tab at the top of this page!

_____

E-WEEK MAINE

February 13 - 17, 2012

As part of E-Week Maine, the SEGF & MTI are sponsoring Calling All Entrepreneurs at Bowdoin College, Thorne Hall on Tuesday, 2/14/12 from 9 am to 3 pm

Contact: Terri Wark 373‐9306 X211 or terri@segfmaine.com to schedule

In these sessions, you or your team meet one‐on‐one with investors and experienced entrepreneurs to discuss your business idea, learn more about resources for Maine businesses, and find out what investors look for in companies. Share your idea, explain your most pressing challenge, talk about whatever is on your entrepreneurial mind and, in the process, perhaps build a basis for a relationship going forward. Sessions are limited to a maximum of 20 minutes. [Notes: This opportunity is not about instant funding, but instead about idea feedback as well as a learning opportunity. The sessions are not confidential, i.e. nondisclosures are not signed during these sessions.]

The Shawn McKenna Scholarship for University of Maine Business School MBA Students Enrolled in the MBA 2-Year Program

The Shawn McKenna Scholarship for University of Maine Business School MBA Students is named for one who has been a faithful friend and valuable contributor to early-stage Maine companies and the Business School for many years; one who gives freely of his time and considerable skills, and asks nothing in return. Shawn is a University of Maine Class of 1977 graduate who is currently the CEO and Managing Director of Starlight Development Overseas Ltd., an international restaurant company. He is a Sigma Phi Epsilon Trustee and sits on the University of Maine School of Business Advisory Board. He brings a unique blend of high-level strategic thinking and down-to-earth tactical approaches and execution to company issues and challenges. He is irrepressibly positive and is wonderfully adept at managing people as well as inanimate assets. Mr. McKenna is one of the Maine business community’s truly great, quiet and humble assets.

Each Fall, the SEGF awards this competitive scholarship to a University of Maine MBA first-year student. In addition to receiving these funds for tuition at the end of a successful first semester, the scholarship recipient receives course credit, and long-term (2 years) hands-on work experience at the SEGF and select portfolio companies. Workspace for the student is generously provided by the Foster Student Innovation Center on the University of Maine campus.

The goal of the internship and scholarship is to excite and inform talented Maine business students regarding the innovative and entrepreneurial activities happening in Maine. It provides a great experience for students interested in venture capital, entrepreneurship, and economic development.

For more information, contact cindy.d'angelo@umit.maine.edu

..............................................................................

The next monthly meeting of the SEGB is scheduled for Monday, February 27, 2012 in Portland. For further information on items to be considered, please contact the SEGF.