Foster Center for Student Innovation part of startup initiative, Press Herald reports
The Portland Press Herald reported the University of Maine’s Foster Center for Student Innovation is part of a group of innovation organizations that aim to build on momentum in the state’s startup community with an initiative that strengthens partnerships and leverages new sources of money. Maine Accelerates Growth (MxG) is a partnership among the Foster Center, Maine Technology Institute and the Maine Center for Entrepreneurial Development, according to the article. MxG was born from Blackstone Accelerates Growth, a multi-year effort launched in October 2011 with a $3 million grant from the Blackstone Charitable Foundation, the article states. The Bangor Daily News and Mainebiz also reported on the initiative.