One of the main goals of Maine Startup and Create Week is to help foster and grow Maine’s startup community. That is, of course, the crux of everything. Startups are new businesses, albeit ones that carry a sexier label, and without new businesses, Maine’s economy would crumble. The people who start those businesses are more likely to […]
The Startup Line
Maine’s brand, geography make it ripe for marine startups
Note: This is guest post written by Tom Bell, a business reporter at the Portland Press Herald, who attended Tuesday morning’s Maine Startup and Create Week panel on innovation in the marine industries. Maine’s cool, clean ocean waters and its powerful brand make the state a great place for investing in aquaculture, according to panelists […]
Optimism, frustration aired on Women and Entrepreneurship during MSCW panel
Note: This is a guest post by Carol Coultas, business editor of the Portland Press Herald, who attended Monday afternoon’s Maine Startup & Create Week panel on Women and Entrepreneurship. If you were in the audience at the Women and Entrepreneurship session, you were likely swinging from inspiration to frustration as the panelists countered their enthusiasm and […]
What you need to know about Maine Startup & Create Week
Maine Startup & Create Week is upon us. There are more than 600 people registered and nearly 160 speakers taking part in the week-long celebration of entrepreneurship and innovation in Maine, as I reported in yesterday’s Maine Sunday Telegram. I’ll be blogging about the week’s events, encounters and experiences, so bookmark The Startup Line and check back […]
Portland’s entrepreneurial community ‘on fire’ and on display at Entreverge awards
More than 300 people turned out Thursday evening to support local entrepreneurs at this year’s Entreverge awards event, held in the grand ballroom of the new Westin Harborview hotel. Entreverge is an annual awards program sponsored by PROPEL, the Portland Regional Chamber of Commerce’s young professionals group, that seeks to recognize and reward burgeoning entrepreneurs […]
Orono energy startup raises $1.5M
Pelletco, a renewable energy startup in Orono, has received an investment of $1.5 million from a venture capital firm in Connecticut, according to CEO James Knight. The investment comes from CleanFeet Investors and brings Pelletco’s total outside investment to $3 million. “CleanFeet is one of the pre-eminent clean energy investment funds in the Northeast and this financial partnership will allow us to […]
Putney CEO wins prestigious award, closes $16M equity round
Jean Hoffman is having a good week. On Friday, her company, Putney Inc., raised $16 million in its latest round of financing. Four days later, on Tuesday evening, she was named New England’s Entrepreneur of the Year in the life sciences category by Ernst & Young, one of the largest professional services firms in the world. Hoffman founded Putney in […]
Two Maine startups vying for $250K in Silicon Valley’s Cleantech Open
Two Maine startups have been selected to vie for $250,000 as part of the Cleantech Open, a national competition designed to spur innovation in the clean energy and technology sectors. The Silicon Valley-based accelerator program has selected Introspective Systems, based on Peaks Island, and Parent Technology Group of Windham as semifinalists in its Northeast region. They join 36 other […]
NHL taps Orono startup for Stanley Cup finals
If you’ve watched any of the NHL Network’s pre- or post-game coverage during the first two games of the Stanley Cup finals, chances are you’ve watched the commentators use technology developed in Orono to analyze the performance of the two starting goalies. You and a couple million other people. Double Blue Sports Analytics, an Orono-based startup I […]
Welcome to The Startup Line
Welcome to The Startup Line, my new blog on entrepreneurship and innovation in Maine. It’s an exciting time to be a journalist covering entrepreneurship in Maine. Here’s why: Approximately 80 percent of Maine’s economic growth comes from innovation, according to the Maine Development Foundation’s 2014 Measures of Growth report. It’s what ignites Maine’s economy and […]