One application, two chances to win.
The goal of LaunchPad is to help Maine’s early-stage businesses. So we keep the application process as simple and straightforward as possible. At Maine Community Bank, we believe that anyone who’s pursuing their own small business deserves recognition and support. As such, we want to give as many small businesses the chance to win as we possibly can. The 2025 application will open in July.
$50,000 LaunchPad Grant
Use it to buy equipment, expand or acquire space, hire employees, fund product development—whatever you need to take your business to the next level. Finalists will also benefit from PR exposure and feedback to help fine-tune their pitch. The 2024 LaunchPad winner, Alivo, an AI-powered sales assistant for home service providers, was selected from five finalists during the live pitch event and earned the Bank’s $50,000 grant.
Emerging Business Award
Our judges will also select five additional Emerging Business Award finalists from the remaining applicants. Emerging Business finalists submit a 60-second video pitch to be shown at the event. This prize is designed to support promising early-stage companies and includes a $10,000, grant, along with $10,000 worth of in-kind business and marketing-related services. Maine Laboratories earned the 2024 distinction.
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