Posted inThe Startup Line

Maine’s startup community faces ‘huge void’ with loss of its ‘dean of venture capital’

Maine’s startup community lost an important member this week. Charles “Kip” Moore was a technology pioneer (he was on the student team at Dartmouth that developed the BASIC computer language) and one of the first venture capitalists in Portland to invest in early-stage Maine companies. He was a mentor to entrepreneurs and served on the […]

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Maine startup raises $10K on Kickstarter

Pamela Castrucci is the latest entrepreneur to discover the benefits of crowdfunding. On Nov. 12, she created a campaign on the popular crowdfunding website Kickstarter seeking $10,000 to help her build Voice Kite, a software product that will allow people to more easily preserve and share memories by tethering digital photos with audio recordings. As of Friday […]

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Top Gun startup accelerator unveils largest class ever

Top Gun, the startup accelerator run by the Maine Center for Entrepreneurial Development, keeps getting bigger. MCED on Thursday announced the Top Gun Class of 2015, which contains 35 companies spanning the manufacturing, aquaculture, food production and IT industries. That’s the most companies ever accepted into Top Gun, a result of the increasing number of quality entrepreneurs applying […]

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Brain candy: TEDxDirigo is ‘where innovation happens’

— Unless you’re a Luddite who spurns SmartPhones and avoids the Internet, it’s likely you’re familiar with TED talks — those short, often insightful talks about “ideas worth spreading” given by everyone from graffiti artists to astrophysicists to entrepreneurs. The phenomenon that is TED — the acronym stands for Technology, Entertainment and Design — began as a one-off conference in […]

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Maine Angels nears first successful exit

The group of investors known as the Maine Angels has invested north of $10 million in early-stage companies since it formed in 2003. To date, no investor in the group has ever received a return on those investments — or what’s known in venture-capital lingo as a successful “exit.” However, that long-sought-after milestone may be on […]