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New business accelerator aims to empower underserved entrepreneurs in Maine

Maine is getting another startup accelerator, but with a focus on underrepresented entrepreneurs.

Entrepreneurship for All (EforAll), a Lowell, Mass.-based nonprofit, will bring its programming to Maine with funding from Maine Technology Institute for three years.

Participants will receive training and support to start, grow, or sustain a business or nonprofit across a range of industries from professional services to manufacturing and technology.

“We know that Mainers are industrious, highly motivated and entrepreneurial, and there are some great organizations in place to help a lot of these individuals,” Meralis T. Hood, CEO of EforAll, told Mainebiz. “EforAll is unique in that it plans to focus specifically on underserved entrepreneurs who may not be pursuing their business ideas, as it simply feels too daunting or out of reach.”