I  Maine Center for Enterprise Development

http://www.mced.biz





     Office Locations:

New England Ocean Cluster
68 Commercial Street, Building C
Portland, ME 04101
Phone: 207-774-8111
Fax: 207-774-8112

 

Stages:

  • Early
  • Seed


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Information Technology

  •  

    Description:

    The Maine Center for Entrepreneurs (MCE) is a private non-profit founded in 1997 that assists entrepreneurs building scalable innovation based Maine businesses. Although historically a traditional incubator that offered entrepreneurs space located on an academic campus, MCE is now a virtual resource for promising startups, regardless of their Maine location. Among several initiatives, the Center's Top Gun Entrepreneurship Acceleration program combines mentoring, curriculum and community to classes of competitively selected entrepreneurs. Campus Ventures, in collaboration with the University of Southern Maine, offers paid student interns and project management to advance entrepreneurs' technical and business needs in parallel. Affiliate incubation services provide customized assistance to companies on a growth path that may include equity financing. The Lunch and Learn seminar series and Table Talks offers a broader entrepreneurial audience informative two-hour talks for ten bucks that provide actionable information. Candidate companies for the Incubator must be a for-profit Maine entity with intention to stay in Maine upon graduation, and demonstrate an innovative and scalable business model. Over its 25-year history, the organization has accelerated the growth of hundreds of businesses, and established a mentor network of over 200 members.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Janine Bisaillon-Cary Program Manager
    Laurie Johnson Program Manager
    Tara Murphy Operations Manager
    Tom Rainey Executive Director

     

    Portfolio companies include:


       Lewiston Auburn Metropolitan Chamber of Commerce


       U.S. Small Business Administration


      Dirigo Labs


      FocusMaine


      MaineHealth


      Tech Place


      The Maine Technology Institute


      Union River Center For Innovation


      University of Maine


     

    Recent News:


      There is no recent news for Maine Center for Enterprise Development.