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Small Enterprise Growth Fund of Maine

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The SEGF was created by an act of the Maine Legislature in 1995 to provide Maine companies and entrepreneurs access to patient sources of venture capital. The fund is a $9 million dollar revolving, “evergreen” fund. The SEGF is a professionally managed venture capital fund that invests exclusively in Maine companies that demonstrate a potential for high growth and public benefit.

Recent Milestones

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• 
  Small Enterprise Growth Fund of Maine invested in Newfield Design. (5/14/12)
  Posted 5/14/12 at 7:49pm via masshightech.com
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  Small Enterprise Growth Fund of Maine invested in Foneshow. (9/1/07)
  Posted 2/18/08 at 4:41pm via bizjournals.com
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  Small Enterprise Growth Fund of Maine invested in Anodyne Health. (9/27/06)
  Posted 4/26/10 at 9:46pm via anodynehealth.com
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  Small Enterprise Growth Fund of Maine invested in Stillwater Scientific Instruments. (8/17/05)
  Posted 9/19/10 at 6:28pm via findarticles.com

Investments

Videos

Sources

1. Newfield Design takes in $662K in equity (masshightech.com) [edit]
2. Mass High Tech (masshightech.bizjournals.com) [edit]
3. Anodyne Health Secures $5.6 Million in Growth Financing (anodynehealth.com) [edit]
4. Orono firm raises $1.15M in capital (findarticles.com) [edit]