Maine & Company

What Maine & Company does

Maine & Company (legal: Maine & Co.) is a private non-profit economic development organization headquartered at 280 Fore Street, Suite 402, Portland, Maine, founded in 1996. It provides free and confidential consulting services to businesses evaluating relocation to Maine or expansion within the state, covering real estate site searches, data collection and analysis, financing coordination, incentives identification and valuation, site visit coordination, and workforce analysis. Its core product is a single unified consulting engagement delivered through a 'CEO to CEO' relationship model, supplemented by a self-service DECD Site Selection Tool (powered by SelectMaineSites.com) for property and incentive lookups, and supplemented by verticalized service modules for the aquaculture and forest products industries and a startup ecosystem support program that connects founders to University of Maine, Northeastern's Roux Institute, and University of New England. Named corporate relationships include athenahealth, Sun Life Financial, Carbonite, Grand Rounds, Wayfair, and OnProcess Technology, among hundreds of businesses engaged annually.

The organization is governed by a Board composed of senior executives from Maine's top businesses, the Maine State Chamber of Commerce president, and the commissioner of the Maine Department of Economic & Community Development (DECD). It is led by President & CEO Peter DelGreco (joined 2004, President since 2012; Colby College graduate, MBA from University of Southern Maine) and Senior VP of Operations Ashley Pringle (joined 2014; BA Saint Michael's College, MBA University of Southern Maine; former U.S. Army officer). Only two operational staff are publicly named; the broader 11–50 headcount figure likely reflects the board, member firms, and affiliated networks rather than full-time employees.

Maine & Co.'s business model is non-transactional: services are provided at zero cost to client businesses, with operations funded by member dues and board contributions. The go-to-market motion is consultative and referral-driven, leveraging board and chamber networks to source enterprise prospects, supported by a website, video testimonial library (featuring Senator Collins and Senator King), and direct executive outreach. The organization serves three primary customer stages — startups, early-stage growth companies, and market expansion companies — and operates exclusively within the state of Maine, despite serving national and international inbound prospects.

Name

Maine & Company

Legal name

Maine & Co.

Website

https://maineco.org

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Maine & Company is a Portland, Maine-based private non-profit that provides free, confidential consulting services to businesses relocating to or expanding within Maine, offering site selection, incentives, workforce, and financing coordination through a CEO-to-CEO engagement model.

Ownership category

akta.pro rank

Product category

Economic Development Consulting

NAICS

Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

akta.pro secondary industry

Land & Development Site Brokerage (BPAJABAG)

Keywords

• Economic development consulting
• Business relocation services
• Site selection advisory
• Business expansion consulting
• Nonprofit consulting services

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Non-profit Funded Operations: Maine & Co. is a private, non-profit corporation that provides FREE and confidential consulting services to businesses. They are funded by members and a board comprised of senior executives from Maine's top businesses, the Maine State Chamber of Commerce president, and the Maine Department of Economic & Community Development commissioner. There is no revenue generated from clients - services are provided at no cost to growing businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Maine & Company is a private, non-profit economic development organization that delivers free and confidential consulting services to businesses evaluating relocation to or expansion within Maine. Its work centers on site selection, workforce and incentive navigation, and introductions to state and local economic development partners, helping corporate decision-makers evaluate Maine as a location for capital investment and headcount growth.

Product overview

Maine & Co. is a private non-profit economic development organization offering free, confidential consulting services for business relocation and expansion in Maine. The core offering is a unified consulting service that encompasses real estate site searches, data analysis, financing coordination, incentives identification, site visit coordination, and workforce analysis. This core service is supplemented by the DECD Site Selection Tool (powered by SelectMaineSites.com) for property and incentive searches. The organization serves multiple industry verticals including startups (connecting them to R1 research institutions and investors), forest products companies, and aquaculture companies. Services are provided across business stages from early-stage startups through market expansion and aggressive growth phases.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Relocation Consulting Free, confidential consulting engagement for out-of-state companies evaluating relocation of operations or headquarters into Maine. Includes site, workforce, incentive, and regulatory advisory.
• Business Expansion Consulting Free, confidential consulting for companies already operating in Maine that are evaluating workforce expansion, new facility investment, or capacity growth within the state.
• Site Selection and Incentive Advisory Advisory support for identifying candidate sites/buildings in Maine and navigating available state and local tax, workforce, and training incentives associated with a relocation or expansion project.

Named customers8 records

Segments5 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Regional players

• New Hampshire Business Finance Authority: New Hampshire's state financing and economic development authority offering site selection, tax incentives, and financing coordination to businesses considering NH — competes head-to-head with Maine for New England relocation deals.
• Vermont Economic Development Authority: Vermont's state economic development financing authority providing business location incentives, financing, and advisory services — a directly comparable peer competing for rural Northeastern expansion projects.
• Greater Portland Economic Development District: Regional economic development organization serving the greater Portland, Maine area with site selection and business attraction services — a sub-state peer that complements rather than competes with Maine & Co.'s statewide remit.

Broad incumbents

• Connecticut Department of Economic and Community Development: Connecticut's state economic development agency providing business attraction, retention, and expansion services — overlaps directly with Maine & Co.'s site selection, incentives, and workforce analysis offerings within the New England corridor.
• MassDevelopment: Massachusetts' state economic development and finance authority, providing site selection, financing, and advisory services to businesses expanding or relocating in MA — a direct New England competitor for the same pool of relocating companies that Maine & Co. targets.
• Empire State Development: New York's principal economic development agency, offering business incentives, site selection assistance, and workforce programs — a much larger incumbent competing for the same Northeast relocation and expansion deals.

Direct peers

• McCallum Sweeney Consulting: Independent site selection and economic development consulting firm serving corporate clients evaluating US locations — most directly comparable professional services peer to Maine & Co.'s core consulting offering, though operating fee-for-service rather than as a state-aligned non-profit.
• Site Selection Group: Corporate site selection and economic incentives advisory firm helping companies identify optimal US operating locations — provides the same core 'business location strategy, incentives, and workforce analysis' services that Maine & Co. provides, though as a paid commercial advisor.
• TIP Strategies: Economic development and site selection consultancy working with municipalities, regions, and corporate clients on location strategy, incentives negotiation, and workforce planning — directly comparable advisory offering to Maine & Co.

Others

• Maine Technology Institute: Maine's publicly-funded technology and innovation financing organization referenced as a partner in Maine & Co.'s startup ecosystem support — adjacent enabling organization that funnels capital to companies in Maine & Co.'s pipeline.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maine & Company