Small Enterprise Growth Fund - Ideal Startup Investment
The SEGF is a Maine-based fund that focuses exclusively on investing in promising growth companies located in Maine. The fund considers Maine based companies in almost all industry sectors, though the return potential of the investment must be high enough to justify the risk taken. A company must meet the following threshold criteria in order to be considered for an investment from the SEGF:
Employ 50 or fewer people or have gross sales of $5,000,000 or less within the past 12 months;
Provide evidence of the need for financial assistance to realize its projected growth and achievement of public benefit;
Demonstrate a co-investment in an amount at least equal to the investment amount sought from the SEGF.
Small Enterprise Growth Fund Invests In These Industries
• Biotechnology
• Industrial/Energy
• Clean Technology
• Internet / Web Services
• Consumer Products and Services
• IT Services
• Electronics / Instrumentation
• Media and Entertainment
• Financial Services
• Software
• Food / Drink
• Telecommunications
• Healthcare Services
Small Enterprise Growth Fund Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $5M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Small Enterprise Growth Fund Invests In Companies With These Funding Needs
Pre-money Valuation: USD500,000 - USD10,000,000
Capital Seeking: USD500,000 - USD5,000,000
Previously Raised: - Not Entered
Small Enterprise Growth Fund Expects Their Investments To Generate
Expected Revenue By Year 5: - Not Entered
Expected Returns: 10x Investment - 40x Investment
Expected Years to Exit: 3 Years - 10 Years
Expected Years to Break Even: - Not Entered
Small Enterprise Growth Fund Investment Portfolio
Not Available
Ask to Join as an Investor
Are you an accredited investor? Ask to join Small Enterprise Growth Fund by filling out their Membership Application.