TechMaine, other Industry Groups and many individuals involved in the formation of new, high growth firms, supported the bill to strengthen Maine’s high growth economy.
The Fund of Funds is now the Innovation Finance Program:
The Innovation Finance Program will invest in high quality, professionally managed venture firms who have made a commitment to consider equity investments in businesses located within the state.
Maine’s Opportunity:
To help strengthen and reignite Maine's high growth economy by stimulating the availability of venture capital and the range of “investment themes” to increase the number of young companies that will grow into large, vibrant businesses headquartered in Maine that will create jobs and help to diversify the state’s economic base.
To read the full, original article click on this link: Innovation Finance Program | TechMaine - The Technology Association of Maine