Whit Richardson is a former daily newspaper journalist in Portland, Maine, who has covered business and entrepreneurship for the past decade. He's founder of Maine Startups Insider and currently editor-in-chief of 4Front Publishing, an online news startup covering the nascent legal cannabis industry.

 

Recent posts by this Author


Being the Smartest Person in the Room Can Be a Bad Thing

David Joseph is the cofounder and chairman of Davo Technologies, a Portland startup that has developed a software-as-a-service product that aims to make the lives of small merchants and restaurateurs easier. Specifically, the company’s product, Davo Sales Tax, automates the collection and payment of…

Maine’s Startup Certify Acquired by K1 Investment Management in $100M Deal

Two Maine Certify Startups Awarded i6 Federal Grants

Certify LLC, the Portland company founded in 2008 that offers cloud-based expense management software, has been acquired by K1 Investment Management, a Los Angeles-based private equity firm, in a deal worth $100 million. Bob Neveu, Certify’s cofounder and CEO, told Maine Startups Insider that…

This Founder Knew When it Was Time to Step Down and Let Go

founder

David Stone has lived the big-company corporate life and the startup life. There’s no contest. He prefers the latter. Stone has been involved in eight or nine startups in senior roles, though he only founded or co-founded three of those—Sports Rewards Systems in 2002,…

How One Founder Went From VC to Green Tech Startup

competition

Each week, I interview a startup founder in Maine to learn more about their background, lessons learned, advice for founders and their technology. This time we’re talking with Clayton Kyle, CEO of Clynk, the bottle and can redemption business and garbage tech. As CEO…

Carrie LeDuc of GTCA on the Importance of Balancing Work and Life

balance, balancing, Time Is Money: Leveraging Today's Services to Be More Productive

Carrie LeDuc has been involved in four biotech startups, including two in Maine, over the course of her 26-year career. Though her startup stints were separated by more than five years working at The Jackson Laboratories in Bar Harbor, LeDuc said an addiction to building…

Maine Drops Two Spots in Kauffman Startup Activity Index

Startup Activity Cloud Security Tips for Emerging Email Startups

Maine has dropped two spots in the 2017 Kauffman Index of Startup Activity, an annual index that measures new business creation and startup density among the states and largest metro areas. The index, a project of the Ewing Marion Kauffman Foundation, splits states into…

Meet the Five Finalists in LaunchPad’s Pitch Competition

Portland Maine finalists

After close to 140 applications and countless hours to narrow down the finalists, LaunchPad, the small business pitch competition created by Gorham Savings Bank, named the five startups to compete next month for a chance to win $50,000. Meet the Five Finalists Good To-Go (Kittery) – makes dehydrated…

Senators Reach Across the Aisle to Pass Maine Coworking Bill

coworking, Portland, Maine

Coworking spaces are a great place to build one’s business, develop relationships and expand an ecosystem. On Tuesday, bill LD 285 (Bill), “An Act To Provide Funding for the Maine Coworking Development Fund” passed the House last week in a party-line vote of 77 to 66. The Bill…

Thomas College Receives $5.3M Alfond Grant for New Center of Innovation

innovation

Thomas College announced a new initiative designed to promote innovation and spur entrepreneurial activity in central Maine. The Waterville-based college has created the Harold Alfond Institute for Business Innovation thanks to a $5.3 million donation from The Harold Alfond Foundation. This is the largest gift…

[Re]Produce Wins UMaine Business Challenge

business

A company that wants to turn Maine farmers’ surplus into high-end locally sourced frozen food has won the sixth annual UMaine Business Challenge, held in Orono. Anita van Dam and Grace Burchard, both students at College of the Atlantic in Bar Harbor, took home…

7 Startups in Venture Hall’s Inaugural Accelerator Cohort

Why Your Startup Should Join an Accelerator

A pain-management app, an AI-enabled medical records software company, and a cloud-based wellness tracking platform for employers are among Venture Hall’s first cohort of healthcare-related startups that will spend three months in Portland this summer scaling their businesses and expanding their networks. Venture Hall, which…

Redd Raises Nearly $1M in New Investment Round

crowdfunding funding redd

Brunswick-based Redd, the energy bar company, has raised the majority of a $1.5 million investment round. The company filed paperwork with the U.S. Securities and Exchange Commission on Wednesday revealing that it had raised $867,861 out of a $1.5 million offering. It claimed 13…

Ocean Renewable Power Company Restructures, Raising $2.5M in Series B

stress ocean

Portland-based Ocean Renewable Power Company is in the midst of raising $2.5 million in its second big equity round of fundraising. The renewable energy company has raised $1.31 million out of a $2.5 million offering, according to paperwork recently filed with the U.S. Securities and Exchange…

There’s a New Coding School Coming to Maine

recruiting engineers coding

Three Maine organizations are bringing a successful coding school to Maine in an effort to increase the public’s access to educational opportunities around software and web development, and to increase employers’ access to qualified developers. Earlier this week, Venture Hall, Thomas College, and Project Login, announced…

Maine Startups Logged Zero VC Deals in Q1

maine startups

While investors poured $13.9 billion into venture-backed startups during the first quarter of 2017, none of those dollars found their way to Maine companies, according to the MoneyTree Report, a quarterly tally of VC deals from PricewaterhouseCoopers and CB Insights. It’s the first quarter in more…

3 Signs That Vets First Choice Is Preparing for an IPO

IPO

Going public is a big deal for any company. It requires months of preparation, years of hard work, and decades of innovative thinking. And if you’re pay attention, it can be easy to spot these companies before they make the move. And while I…

New Bill Seeks to Expand Maine Technology Institute’s Scope

MTI Maine Angels Among Most Active Angel Investment Groups in 2015

A new bipartisan bill has been introduced in Augusta that would expand the Maine Technology Institute’s role within the state’s innovation ecosystem. The bill — LD 1324, An Act to Support Innovation, Entrepreneurship, and Maine’s Economic Future — would explicitly proffer certain powers onto the organization,…