Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Technology

The Maine Center for Entrepreneurial Development (MCED), the University of Maine’s Target Technology Center and the Maine Aquaculture Innovation Center (MAIC) announced today the formation of the Maine Business Incubation System (MeBIS). With funding from the Maine Technology Institute and the recently announced investment from the Blackstone Charitable foundation, MeBIS will provide appropriate, focused, in-depth support to entrepreneurs by utilizing networks and expertise both inside Maine and beyond to create jobs and sustainable enterprises.

“Maine does a good job of starting companies, but very, very few break through to over ten employees. We expect the number of scalable entrepreneurs served by this program to increase from the 40 currently served to 240 statewide by late 2014 generating 1,000 new jobs over time,” says Don Gooding, Executive Director of MCED.

To read the full, original article click on this link: Tech Centers Combine to Create Maine Business Incubation System (MeBIS) | Press Release Maine