On May 22, I reported that MOOMilk, an organic milk producer based in Augusta, had just received a $3 million equity investment, the largest single investment in the company’s history. The investor, however, had wanted to remain anonymous, Bill Eldridge, MOOMilk’s CEO, told me last week. Until now… The aforementioned anonymous investor’s name was revealed […]
Steven Boal was already a digital revolutionary when he came up with the idea for CashStar. Having disrupted the coupon world as CEO of Coupons.com, he had the idea for a company that would do the same thing to the gift card industry. Today, CashStar employs more than 80 people; has nearly 300 clients, including Starbucks, […]
The entrepreneurial juices will be flowing Wednesday night at the annual Top Gun Showcase Event, being held at the University of Southern Maine in Portland. Roughly 260 people are expected to attend the event, which will feature entrepreneurs from 17 Maine startups who are all recent graduates of the Top Gun program. The entrepreneurs will […]
Correction: In my original post, I mistakenly referred to a $274,291 “grant” Pika received in June 2011 from the Maine Technology Institute. That was, in fact, a loan. I regret the error. Pika Energy continues to be the darling of Maine’s angel and venture capital investment community. The Small Enterprise Growth Fund, Maine’s VC fund, […]
Mainers may think Forbes has it out for Maine. After all, the magazine has branded Maine the worst place to do business three years running. But that doesn’t seem to be the case. On Tuesday, Forbes named Portland’s metro area the #1 Best City for Jobs this Spring, citing a “net employment outlook” of 23 […]
Remember that impending strike of longshoremen that was going to cripple the country’s East Coast ports, including Portland’s, forcing Maine companies like L.L.Bean and Sappi Fine Paper’s Westbrook paper mill to adopt contingency plans for the import and export of their supplies and products? It turns out the International Longshoremen’s Association and the U.S. Maritime Alliance, which […]
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