Maine Innovators &
Get Off the Ground
Now in its seventh year, LaunchPad is Maine’s premier small business competition and a showcase for the state’s dynamic entrepreneurial community.
Gorham Savings Bank strongly believes that Maine’s innovators and entrepreneurs are the driving force behind a successful and sustainable Maine economy. Every year the businesses we learn about and see on-stage are so inspiring.
A BIG IMPACT ON SMALL BUSINESS
Today, it’s easier than ever to start a business. But running that business successfully is as challenging as it’s ever been. And access to capital is still the main hurdle most new businesses will face. Through its annual $50,000 grant, Gorham Savings Bank’s LaunchPad is proud to be helping address that challenge.
According to the U.S. Small Business Association, 97% of businesses in Maine are small businesses (having 500 or fewer employees), and those with fewer than 100 employees actually contribute the largest share of jobs. That’s why LaunchPad pursues the same mission every year: to help fund the growth of one small but promising business in Maine.