|
Business Incubation in Maine
87% of all businesses that
graduate from incubators
remain in business!
Business incubation is critical to the success of
new companies. To help nurture young, entrepreneurial
companies in Maine, several Technology
Centers around the state provide business incubation.
Each Center provides its client companies
with business support tailored to companies in
their region.
Companies incubated in Maine:
• Average 5 employees per company
• Pay an average salary of $33,000
• Have achieved over $13.5 million in 2003
revenue
Companies that graduate from incubators
strengthen local economies.
The goals for
Maine’s Technology Centers include:
• The retention of successful start-up
businesses in the state
• The improvement of opportunities for
workers through the creation of
technologically advanced jobs
• The encouragement of private-sector
initiatives
• The renovation and utilization of vacant
commercial real estate
• The generation of new sources of revenue
for local and state tax bases
Access To Capital
Because each Center is familiar with grant and
investment opportunities and able to provide
assistance in preparing application and presentation
materials, you will have a better chance of
receiving appropriate funding when you need it.
Cost Savings
Conference rooms, administrative space, shared
telephone and telecommunications systems, high
speed Internet access, audio visual equipment
and videoconferencing capacity are available.
Professional services from partnering legal,
accounting, marketing and manufacturing professionals
are available at reduced cost.
Getting Connected
Academic Community
Each Center is
affiliated with academic institutions providing
links to faculty, staff, students and other
resources.
Investors
Every Center has access to a network
of investors and financial resources.
Other entrepreneurs
Work close to other
new businesses and share ideas, interests and
connections.
Partners
• Maine Technology Institute
• Maine Manufacturing Extension Partnership
• University of Maine System
• Maine Community Colleges
• Maine Law School
• Finance Authority of Maine
• Private Sector Banks and Financial
Institutions
• Venture Capital Groups
• Maine Small Business Development Centers
• Maine International Trade Center
For More Information:
For further information on building your future with Maine's Technology Centers, call contact Catherine S. Renault, Ph. D., Director, Office of Innovation, at 207-624-9801 or Catherine.s.renault@maine.gov
|