Issue link: https://nebusinessmedia.uberflip.com/i/678657
V O L . X X I I N O. X M AY 1 6 , 2 0 1 6 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E Community Music Center in Yarmouth and the Maine Audubon in Falmouth. Batteries Plus Bulbs, a retail store in Portland, opened at 1064 Brighton Ave., Suite C. The Maine Center for Entrepreneurial Development in Portland announced that the Maine Technology Institute will sponsor a $10,000 cash prize to the winner of the Top Gun Showcase pitch competition, the culminating event for the annual entrepreneurial training program. John Cressey, a certifi ed geolo- gist, opened Beacon Environmental Consultants LLC in Windham. The fi rm provides environmental assessment and remediation oversight, health, safe- ty and environmental compliance and environmental management services. Digital Research Inc., a market re- search fi rm in Kennebunk, acquired Critical Insights Inc., a market re- search fi rm in Portland. By Goldenstar, a manufacturer of prin- cess gowns and accessories for young children, launched in Cumberland. York County Federal Credit Union an- nounced its employees raised $27,172 for local community food pantries. SIS Bank in Sanford donated $10,000 to the Waterboro Community Pantry. CEI Ventures Inc., the for-profi t venture capital subsidiary of CEI in Brunswick, announced the initial clos- ing of its fourth fund, Coastal Ventures IV, and the fund's fi rst investment in Pika Energy Inc. in Westbrook. Electricity Maine purchased by Houston energy fi rm e Houston-based electricity and natural gas supplier Spark Energy will pay $28 million for Provider Power, the parent company of the Auburn-based Electricity Maine said. In addition to acquiring its operations and cus- tomer base of approximately 125,000 in both Maine and New Hampshire, the purchase will also herald the exit of Electricity Maine founders Kevin Dean and Emile Clavet, who founded the company in 2011, according to the Bangor Daily News. Dean told the Lewiston Sun Journal that all of Electricity Maine's current employees in Award Sponsors Diplomat Sponsors Dignitary/Luncheon Sponsor Ambassador Sponsor M A I N E I N T E R N A T I O N A L T R A D E C E N T E R P R E S E N T S Thursday, May 26 • 12:00 - 7:00 PM • Holiday Inn by the Bay, Portland, ME Register Now! mitc.com TRADE DAY 2016 C E N T R A L & W E S T E R N