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ME

Grow Maine Equity Investment Program

Grow Maine provides SSBCI equity capital through participating investment partners for eligible Maine businesses.

About this program

The Grow Maine Equity Investment Program deploys a portion of Maine's SSBCI allocation through direct investment and fund investment partners including Maine Venture Fund, Maine Technology Institute, CEI Ventures, and the Gulf of Maine Research Institute. The program is intended to expand access to equity capital for eligible Maine businesses and nonprofits with fewer than 750 employees, with investments supporting growth-oriented business purposes and long-term positive economic impact in Maine.

Eligibility

Maine businesses and nonprofits with fewer than 750 employees seeking equity capital through participating Grow Maine investment partners.

Requirements

  • Business or nonprofit must be located in Maine.
  • Applicant must have fewer than 750 employees.
  • Applicant must work with a participating equity investment partner.