Maine Angels

The Maine Angels are accredited private equity investors who help entrepreneurs by investing in and mentoring early stage companies. Our goal is to make sound investments in promising New England entrepreneurs with an emphasis on Maine businesses. An essential element of the Maine Angels organization is the exchange of information among members. We provide a cooperative mechanism for qualified investors to collaboratively locate, investigate and make investments in promising early-stage companies. Experienced early stage investors share their insights with members who are just entering the angel investment arena. This group engagement is applied throughout the application process, beginning with pre-screening, Q&A questioning at the meeting of presenters, and member debrief discussion. After every presentation by an entrepreneur, members who are interested in the proposal form a working group with a designated "deal lead". The members work collaboratively through the due diligence process, leveraging the group's expertise and connections, and negotiate a deal for all members to be able to consider. Once due diligence is complete and deal terms have been established, each member individually chooses whether or not to invest. Ongoing communications with the new business and their progress reports are documented and accessible at all times to participants in the deal through gust and the "deal lead" liaison.