Kristine Logan, MRRA’s deputy director of Innovation and Development for the Midcoast Regional Redevelopment Authority and director of TechPlace, recently wrote a column about TechPlace for the Times Record newspaper.
What do you do with a new idea? A new innovation? A new product? A new service? An improved way to do something? Entrepreneurs find themselves looking for answers to these questions every day. The Maine economy relies heavily on entrepreneurs and small business to be the drivers of the economy. The latest data from the Small Business Administration (SBA ) shows that 99.3% of Maine’s businesses are small businesses. As many know, it is a long and bumpy road to bring an idea from inception to commercialization. The data clearly illustrates that the chance of long-term success is greatly increased by the more support an entrepreneur is given during this process. This is why we created TechPlace.
