Tagged: maine

BJ’s Wholesale Club Donates $100,000 to Maine Classrooms Through DonorsChoose

On Wednesday, BJ’s Wholesale Club announced it funded all classroom projects listed by teachers in Maine through crowdfunding platform DonorsChoose.The $100,000 donation was from BJ’s Charitable Foundation and it fulfilled 165 classroom projects, benefiting 7,758 students in schools across the entire state. BJ’s stated that its donation supports a variety of projects across the entire… Read More

Northeast Ski Resort Turns Seeks $50,000 Through Crowdrise Campaign

In an effort to save their precious ski resort, an organization known as the Friends of Lost Valley have launched a $50,000 Crowdrise crowdfunding campaign to save the wintry destination in Auburn, Maine before it closes down for good. Lost Valley Ski and Banquet Resort… Read More

Maine Approves Equity Crowdfunding

Maine Wants to Promote Growth of Small Businesses by Easing Access to Capital. Maine now becomes the next state that has passed legislation, “An Act to Increase Funding for Startups”,  that allows equity crowdfunding within their state borders.  Maine business may now raise up to… Read More

State Crowdfunding Efforts Create Interstate Competition For Startups, Jobs

If we were tallying states up today, Kansas, Georgia, Michigan and Wisconsin have made equity crowdfunding legal and are in some stage of implementation. Alabama, Washington, Maine and North Carolina are all considering exemptions. Of course, that may change tomorrow. Amidst all the hoopla about a… Read More

Brief: Maine House Approves Crowdfunding Bill 129-1

The Maine House of Representatives have approved an intrastate crowdfunding bill by a vote of 129-1. The bill now heads to the Senate for final approval. Rep. Ricky Long (R-Sherman) cast the only nay vote. We’ve reached out to the bill’s primary sponsor, State Senator Justin… Read More

Brief: Maine Senate Gives Initial Approval To Crowdfunding Bill

The Portland Press Herald has reported that the Maine Senate has given preliminary approval to LD 1512, a bill that would implement an intrastate crowdfunding exemption in the State of Maine. The bill now heads to the House for a vote. If approved it would head back… Read More

Maine Could Fall Flat On Intrastate Crowdfunding Exemption

The State of Maine is the latest state to net a proposal to legalize intrastate crowdfunding. SP 568 and an amendment, LD 1512 (embedded), was proposed by Senator and Maine Senate President Justin Alfond (D-Portland) in the hopes of increasing access to capital for Maine… Read More

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