Maine Angels

Maine Angels is a membership organisation of individual accredited investors that funds and mentors early stage companies. It has operated since 2003 and concentrates on entrepreneurs in Maine and the surrounding New England states. It is open to founders with promising ideas and a capable team behind them.

What Maine Angels does

• Early stage investment: members put money into young companies, and the group reports backing more than 50 businesses since it began.
• Mentoring: investors work with the entrepreneurs they back rather than only supplying money.
• Pitch opportunities: founders can apply to present their business to the members.
• Membership: accredited individuals can join the network, and the group says it wants a more varied set of new members.

Clients

The group looks at early stage companies, mostly located in Maine and neighbouring states, where the idea is promising and the team is strong.

Key facts

• Founded: 2003
• Structure: membership based group of individual accredited investors
• Focus: New England, with an emphasis on Maine businesses