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W W W. M A I N E B I Z . B I Z 11 O C T O B E R 2 , 2 0 1 7 FOLLOW US @MBEVENTS #MBCEO17 Tickets are $30 and include breakfast. Register for a table of 10 to save 10% SP ONSORED BY Family Wealth Management Partners UBS Financial Services Inc. Join us for the Mainebiz CEO Breakfast! IS M A I N E OPEN FOR BUSINESS? Separating fact from fiction on doing business in Maine S AV E T H E DAT E DoubleTree by Hilton Hotel, South Portland Wednesday, October 18 7:30–10:30am R E G I S T E R O N L I N E T O D AY ! www.mainebiz.biz/CEOForum Peter DelGreco Maine & Company PA N E L I S T S M O D E R AT O R James Detert Mölnlycke Health Care Kent Peterson Fluid Imaging Technologies Inc. Melissa Smith WE X Inc. David Rycyna Cirrus Systems Inc. Maine's startup community is seeing a surge in activity B Y M A I N E B I Z S T A F F Don Gooding is back with nancial cross training Don Gooding, who resigned 18 months ago as CEO of the Maine Center for Entrepreneurial Development, has launched a new venture. Four Colors of Money for Entrepreneurs (www.four- colorsofmoney.com) is starting off as a blog, with webi- nars and a video channel to follow soon, he reports. A podcast is expected to launch next year. Topics will include bootstrapping, grants, debt and equity — the four "colors" of money for entrepre- neurs. Information and insights will be available at basic, intermediate and advanced levels. He's tar- geting entrepreneurs, existing small businesses and aspiring startups, as well as mentors, advisors, law- yers, accountants, bankers, educators. "I call it, 'Financial cross-training to launch and grow your business,'" Gooding says in a press release. "I recognize that entrepreneurs' scarcest resource is time, so saving time in the pursuit of needed cash is the big value proposition." Venture Hall names two companies for investment Venture Hall in Portland said it selected two compa- nies to receive zero-equity investments of $25,000. The companies were Cliexa (www.cliexa.com), a Denver-based mobile platform that enables patients to track their chronic disease, and Janus Choice (janus- choice.com), a St. Louis-based health care technol- ogy company. Venture Hall's program was developed in partnership with Village Capital, a venture capital fi rm. Awardees were selected by their peers. "The peer review process drills down into the criti- cal components of growth, based on many factors,' said Jess Knox, president of Venture Hall. According to Venture Hall, the process helps startup teams identify challenges, prioritize efforts and plan mile- stones to reach the next level of growth and investment. In addition to a rigorous curriculum and regular coaching, teams were given the opportunity to work closely with subject matter experts at MaineHealth and Unum, pro- viding vital context for their solutions in the real world. CEI lands federal money Coastal Enterprises Inc. in Brunswick said it was awarded $916,000 from the U.S. Treasury Department as par t of its FY2017 Community Development Financial Institutions Program. The funds will be used to increase lending and investment in low and middle- income communities, nurturing shared prosperity in Maine and rural regions across the United States. MTI opens grant proposal process The Maine Technology Institute, which has said it will distribute $45 million in challenge grants as part of its Maine Asset Fund Technology 2.0 Lightning Round, has opened up the process. Requests will be accepted between Oct. 2 and Dec. 8 and will be reviewed on a monthly basis. MTI seeks project proposals from organizations in Maine that are planning to make investments in equipment, infrastructure and tech- nology upgrades to drive innovation in the state. The grants are also available to companies or organiza- tions planning to locate here. Awards must be used for capital and infrastructure expenditures, such as equipment and facilities renovation. MTI, located in Brunswick, is a publicly fi nanced, private nonprofi t. For more, go to www.mainetechnology.org B I Z M O N E Y I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' I recognize that entrepreneurs' scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so scarcest resource is time, so saving time in pursuit of needed cash is the big value proposition. — Don Gooding Four Colors of Money for Entrepreneurs

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