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Vets First Choice to merge with spinoff of Fortune 500 company

(Reprint from Mainebiz 4/23/2018) – Henry Schein Inc. (Nasdaq: HSIC) and Vets First Choice announced today plans for Henry Schein to spin off its animal health business and merge it with Vets First Choice, creating an independent publicly traded company. Read more here.

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Maine Technology Institute Announces Final $10.9 Million in Awards from the Bond-Funded Maine Technology Asset Fund 2.0 Program

Brunswick, ME – The Maine Technology Institute (MTI) has approved seven (7) more challenge grant awards from the Maine Technology Asset Fund 2.0 (MTAF2.0) program. The new awards total $10.9 million. The MTAF2.0 Program is financed by a $45MM bond approved by voters in June 2017 that MTI manages on behalf of the State of…

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Three Maine companies pull in close to $6M in venture capital

(Reprint from Bangor Daily News 4/11/2018) – Maine companies continue to draw strong interest from venture capitalists, with three pulling in close to $6 million in the first three months of this year, according to the latest quarterly report from MoneyTree, PricewaterhouseCoopers and CB Insights. Read more.

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Montalvo awarded grant to develop individual tow tension control device

(Reprint from CompositesWorld 4/9/2018) – Montalvo (Gorham, ME, US), international specialists in web tension control, announced April 10 it has been awarded the next phase of a National Science Foundation (NSF, Alexandria, VA, US) Small Business Innovation Research (SBIR) grant for $750,000 to begin the development of prototype units of a new cost effective, precise, automated and…

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