Public Charity

MAINE CENTER FOR ENTERPRISE DEVELOPMENT DBA MAINE CENTER FOR ENTREPRENEURS

MAINE CENTER FOR ENTERPRISE DEVELOPMENT DBA MAINE CENTER FOR ENTREPRENEURS is a Public Charity headquartered in PORTLAND, ME. Financial data from the 2024 filing: $1.4M revenue, $1.4M expenses, $319K total assets. 26 publicly reported grants to this organization, totaling roughly $5.3M, appear in IRS filings.

EIN: 010510641 PORTLAND, ME Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.4M
Total Assets$319K
Grant Records26
Funding Total$5.3M
Filing Years2020–2024

Mission

TO CREATE HIGH QUALITY JOBS FOR MAINE THROUGH BEST PRACTICE INCUBATIONS SERVICES THAT SYSTEMATICALLY ASSIST NEW BUSINESSES WITH INTELLECTUAL PROPERTY AND BUSINESS PLAN NEEDS, R&D ACTIVITIES, EARLY STAGE FINANCING AND PRODUCT COMMERCIALIZATION.

Sample Grants Received

FOUNDATION FOR A STRONG MAINE ECONOMY
2024
AWARD TO INVEST IN BUSINESS ACCELERATION PROGRAMS DELIVERED BY MAINE CENTER FOR ENTREPRENEURS TO MAINE FOOD, BIOSCIENCE AND FOOD TECH COMPANIES
$762,947
Maine Technology Institute
2024
2024 Maine Food Producers Showcase and Golden Fork Awards; FoodTech Maine; MOU.
$234,382
MAINE AQUACULTURE INNOVATION CENTER
2024
TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
$59,613
FOUNDATION FOR A STRONG MAINE ECONOMY
2023
AWARD TO INVEST IN BUSINESS ACCELERATION PROGRAMS DELIVERED BY MAINE CENTER FOR ENTREPRENEURS TO MAINE FOOD, BIOSCIENCE AND FOOD TECH COMPANIES
$867,935
Maine Technology Institute
2023
MCE is seeking matching funding to support an application to EDA's Build to Scale Program to establish a Maine Bioscience Cluster Initiative to serve Maine's emerging life sciences innovators. MCE will scale our existing Top Gun and Cultivator programs and develop specific curricula to serve biosciences companies from "idea stage" to startup, and through scale-up. MCE will partner with TechPlace and the Union River Center for Innovation to host a Top Gun like accelerator at each location annually. In addition, we will hire a "Bioinnovate Champion" to support, nuture, and educate bioscience researchers and entrepreneurs on taking their innovation from the lab to the market. Finally, MCE will work with established bioscience companies to help them gain marketshare, expand markets, and become more profitable.
$100,000

Showing up to 5 of 26 total records — full history available with membership.

Officers & Directors

CHAIR Andrea K Suter
DIRECTOR Burak Sezen
DIRECTOR Cal Hancock
DIRECTOR Chris Vickers
DIRECTOR Cory Vargo
DIRECTOR Daniel Piltch

Officer compensation and complete director data available with membership.

Top Grant Purposes

AWARD TO ACHIEVE ACCELERATED GROWTH AND INVESTMENT IN MAINE AGRICULTURE PROGRAMS
$2,570,127 6 grants
AWARD TO INVEST IN BUSINESS ACCELERATION PROGRAMS DELIVERED BY MAINE CENTER FOR ENTREPRENEURS TO MAINE FOOD, BIOSCIENCE AND FOOD TECH COMPANIES
$1,630,882 2 grants
TO SUPPORT MANAGEMENT OF MAINE'S BUSINESS INCUBATORS PROGRAM
$416,380 7 grants
2024 Maine Food Producers Showcase and Golden Fork Awards; FoodTech Maine; MOU.
$234,382 1 grant
Forestry Recovery Initiative
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.4M $319K
2023 $1.4M $1.3M $360K
2022 $962K $1.0M $319K
2021 $1.1M $953K $381K
2020 $871K $818K $293K

Between 2020 and 2024, reported annual revenue grew from $871K to $1.4M (+57%), with total assets most recently reported at $319K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MAINE CENTER FOR ENTERPRISE DEVELOPMENT DBA MAINE CENTER FOR ENTREPRENEURS

Complete financials, all 26 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
Start Free Trial → Log In
7-day free trial Cancel any time