We are pleased to announce the five finalists who will compete in the third annual LaunchPad event to be held on June 18th. LaunchPad will award $30,000 to the finalist who demonstrates a business plan with the greatest potential to benefit the Maine economy; such as added jobs, new products or services, enhanced exports, or cost-saving efficiencies.
Nearly 100 entrepreneurs submitted LaunchPad applications which were reviewed by an independent panel of judges and narrowed to ten semifinalists. More than 6,000 votes were cast by the public on the Bank’s website. Through a combination of community and panel votes, the following five finalists emerged:
Beach Glass Transitions | Lynn Peel, Nova Ewers
A Senior Care Advising company based in South Portland, providing personalized transition assistance to families and their aging loved ones.
Casco Bay Butter | Alicia Menard, Jennell Carter, Andrew Menard, Sue Konkel
A Scarborough-based business that makes all natural and organic flavored butter sourced from local farmers.
Flowfold | Devin McNeill, Charley Friedman
Designs, produces and sells wallets, totes, and other everyday carry gear that are made in Maine from some of world’s strongest material.
Saco River Dyehouse | Claudia, Ken Raessler
A manufacturing operation supporting the production needs of textile designers, yarn manufacturers and businesses selling into the artisan/craft markets.
St. Germain Collins | Patrick Coughlin, Heather Seymour, Maura Ryan
A Westbrook-based consulting firm that developed SentryEHS, an innovative web-based tool used by businesses to protect the environment and safeguard workers, all while lowering overhead costs.
LIVE COMPETITION DETAILS
Gorham Savings Bank’s LaunchPad Competition will take place at University of Southern Maine’s Abromson Center in Portland on June 18th at 5:30 pm. The event is open to the public and free registration to attend is available at launchpad.gorhamsavingsbank.com.
Each finalist will have up to seven minutes to present their business plan to a panel of judges, including Chris Claudio, CEO of Winxnet; Michelle Neujahr, Entrepreneurial Center Director of SMCC; and Melissa Smith, President & CEO of WEX. The event will be emceed by Don Gooding, Executive Director of the Maine Center for Entrepreneurial Development.
ABOUT GORHAM SAVINGS BANK’S LAUNCHPAD
The mission of LaunchPad is to award $30,000 to help fund the growth of a Maine business and help mitigate one of the biggest barriers for entrepreneurs – the lack of funding. LaunchPad not only celebrates great ideas, it provides the resources to help bring these ideas to life. Visit launchpad.gorhamsavingsbank.com for more information.