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 December 2008, MAINE ANGELS consists of 41 members who collectively have invested more than $3.2 million in 21 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