INTRODUCTION:
Maine Angels was founded
in 2003 to enhance regional
economic development by providing a cooperative mechanism for
qualified investors to collaboratively locate,
investigate and make investments in promising early-stage
companies. Maine Angels collective investments in
companies typically range from
$50,000 to $250,000 in most deals. In addition to
providing financial capital, where appropriate Maine Angels members
also provide intellectual capital to portfolio companies
and the entrepreneurs who run them. Investments in
companies based in Maine typically are eligible for
Maine's Seed Capital Tax Credit Program administered
by the Financial Authority of Maine (FAME).
Maine Angels continues to grow its membership
and its investment portfolio, aiming
to remain the premier angel investment group in
Maine. As
of January, 2008, MAINE ANGELS consists of 36 members who
collectively have invested more than $2 million in
16 promising early stage companies. Naturally, Maine
Angels focuses on companies based in Maine, but will consider
- and has participated in - opportunities throughout
the region and elsewhere, at times in collaboration with other
angel or venture groups. Maine Angels members make
individual investment decisions; no legal entity acts on behalf of Maine
Angels investors. Maine Angels is an independent,
non-governmental organization.
Maine Angels members include current and former C-level
executives, founders of successful companies, and experienced financial
and technical professionals from a variety of industries.
The group generally meets on the 4th Friday of each month to review
investment opportunities. Many Maine Angels members are interested
in actively mentoring the companies in which they
invest, and this is encouraged.
For more information, please contact an officer or member of MAINE ANGELS, or email your request to
info@maineangels.org.
Officers
Investment
Portfolio
Governance Committee
 
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