The mission of the fund is…
“to provide resources to attract, support and develop eligible small businesses that will contribute to the prosperity of Maine”
Maine's Venture Capital Fund
The SEGF was created by an act of the Maine Legislature in 1995 to provide Maine companies and entrepreneurs access to patient sources of venture capital. The fund is a $9 million dollar revolving, “evergreen” fund. The SEGF is a professionally managed venture capital fund that invests exclusively in Maine companies that demonstrate a potential for high growth and public benefit.