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Maine Venture Fund, established in 1995 by the Maine Legislature, has been actively investing in Maine companies since 1997. The fund operates as a revolving 'evergreen' fund and has invested over $49 million in local businesses. Its mission centers on supporting companies with significant growth potential and impact within the state.
This fund focuses on investing in businesses located in Maine, emphasizing those that demonstrate high growth potential and public benefit. Maine Venture Fund seeks to stimulate local economic growth through its investments, ensuring that returns are reinvested into new ventures.
Submit through their form at this link or email terri@maineventurefund.com with your deck.
As of February 2026: Maine Venture Fund has been actively publishing blog posts on topics like co-investor spotlights and best practices for boards, indicating ongoing engagement with the community.
Maine Venture Fund typically participates in investment rounds but may lead depending on the opportunity and the specific business.
The fund is open to follow-on investments for companies that continue to demonstrate growth potential and align with their mission.
The fund has invested over $49 million since its inception, reflecting its ongoing commitment to supporting Maine businesses.
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