Maine venture capital deals rise in number, fall in value

Lori Valigra

Source

Mainebiz

Date

1-26-2015

Pages

8

Abstract

More Maine companies found more capital investments in 2014 over the prior year, but the total value of the deals was about 68% less for the year. It is believed with the current economic conditions, venture capitalists will be positioned to continue strong levels of investing in 2015. Maine’s limitations are its location and need for qualified workers in order to grow and attract investment. For all of 2014, Maine's biotech industry received the most venture capital at $16.66 million.

Subjects

Capital investments, Venture capital

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