An Interview With Joe Migliaccio, Manager Of Innovative Programs, Maine Technology Institute (Part 3)

By guest authors Irina Patterson and Candice Arnold Joe: From time to time, the state of Maine may issue bond funds for a program that helps research institutions and companies to secure necessary R&D infrastructure and capital equipment. That program is closed right now, but we have been going through a process of awarding that

Read Full Article »

An Interview With Joe Migliaccio, Manager Of Innovative Programs, Maine Technology Institute (Part 2)

By guest authors Irina Patterson and Candice Arnold Irina: Could you give me a quick overview of your funding initiatives? Joe: The core programs that I oversee are primarily direct business investments for products and  services, process innovation, and research and development.

An Interview With Joe Migliaccio, Manager Of Innovative Programs, Maine Technology Institute (Part 1)

By guest authors Irina Patterson and Candice Arnold This is the fifty-second interview in our series on financing for entrepreneurs. We are talking to Joe Migliaccio, manager of Innovative Programs at Maine Technology Institute (MTI), an industry-led non-profit corporation that offers early-stage capital and commercialization assistance in the form of competitive grants, loans, and equity investment

Read Full Article »

Seed Capital From Angel Investors: Jason Stoffer, Principal at Maveron (Part 6)

Irina: How do you manage your time? Jason: It’s fluid. If you’re late in diligence on a substantial investment, you’re going to spend an inordinate amount of time working on that.

Seed Capital From Angel Investors: Jason Stoffer, Principal at Maveron (Part 5)

By guest authors Irina Patterson and Candice Arnold Irina: What are the usual exit strategies with your portfolio companies? Jason: Acquisition or IPO. It’s no different from others. We do our best to understand who the strategics are and get to know them within the sectors we invest in. Irina: Do you have an idea

Read Full Article »

Seed Capital From Angel Investors: Jason Stoffer, Principal at Maveron (Part 4)

By guest authors Irina Patterson and Candice Arnold Irina: Are there any other character traits besides leadership that you think are important for entrepreneurs? Jason: I don’t know how to put it, but a nose for making money. I guess what I love is a quantitative orientation with brand sensibility on top of it. It’s

Read Full Article »

Seed Capital From Angel Investors: Jason Stoffer, Principal at Maveron (Part 3)

By guest authors Irina Patterson and Candice Arnold Jason: For the seed investment, there’s a sliding scale in that the better we think the entrepreneur is, the less validation we need in terms of user traction and business model traction. In other words, for us to back a PowerPoint, we have to think the person

Read Full Article »

Seed Capital From Angel Investors: Jason Stoffer, Principal at Maveron (Part 2)

By guest authors Irina Patterson and Candice Arnold Irina: How many entrepreneurs did you actually incubate? Jason: In the past 18 months, we’ve funded two PowerPoint presentations, roughly, where there was a great entrepreneur with an idea, but that was it. That’s a pace we’re comfortable with. We might accelerate. Irina: So, they came in

Read Full Article »