Known for it's small-town feel, the Pine Tree State is also known to help entrepreneurs with capital and support.
Local, small businesses are a huge part of Maine's culture, with many of the residents preferring to shop local rather than buy online or visit big box retail outlets.
Entrepreneurship is prevalent in Maine, so much so that three-fifths of their private workforce are made up of companies with fewer than 500 employees, which helps them ranks in the top five states for self-employment rate. Maine provides significant help to entrepreneurs, with fair access to capital, strong community support and plenty of investors and grant opportunities. Seasonal tourism plays a huge role in Maine’s economy as well, with summer tourists providing an influx of money for a few months every year.