MaineCF announces new Start Up/Scale Up grant program

Nov 30, 2019

Ellsworth — Maine Community Foundation has announced a new two-year grant program for Maine organizations supporting entrepreneurs and innovators.

“The Start Up/Scale Up Fund is designed to support nonprofit organizations and programs that help new ventures start and grow through shared work spaces and incubator and accelerator programs,” said Maggie Drummond-Ball, MaineCF senior program officer.

The fund will launch early next year and award $400,000 in 2020-2021. Maximum grants of $25,000 will cover program expenses and capital investment in equipment, technology and buildings.

 

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