Innovators, Want Money? Scale Up

Maine has about twenty-five companies that are scaling to be mid-sized in the $20 million to $100 million revenue range, however Bob Martin, managing partner of Strategic Equity Partners LLC, believes more of these sized businesses can be scaled up from smaller existing businesses. Mid-sized businesses are advantageous to have in that they draw in skilled workers who will stay in state, which in turns benefits local economies. Martin offers some suggestions on how startups can become mid-sized companies. [image