Resources
Events

National Science Foundation SBIR/STTR Funding Workshop

March 11, 2020
Verrill

One Portland Square

Portland, ME

Verrill is excited to host the Maine Center for Entrepreneurs' National Science Foundation SBIR/STTR Funding Workshop. Each year the National Science Foundation (NSF) offers $200 million equity-free funding to a diverse portfolio of early stage R&D companies through their Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program. If you are a Maine small business developing an innovative technology, product, or service, we encourage you to attend this free workshop. NSF’s program includes a broad list of topics, and their Project Pitch submission is an excellent, low-effort way to determine NSF’s interest in your innovation.

This workshop will include an overview of the program by one of NSF’s Program Managers, a presentation by Maine Technology Institute’s SBIR/STTR expert, Karen West, information on how MTI and MCE can help you prepare and submit a Project Pitch, and time for Q&A.

For more information or to register, visit MCE's event page here.

Firm Highlights

Publication/Podcast

The New PPP Math: 24 + 60 = > Forgiveness + > Paperwork

On June 5, the President signed into law the Paycheck Protection Program Flexibility Act. This is the second amendment to the Program, the first being on April 24, to increase funding levels to $659...

Matter

Banking: Helping Non-Depository Trust Companies Do Business in Other States

Verrill has helped to form more non-depository trust companies in Maine than any other law firm. We have also helped our trust clients when they look to expand their business into other states. In...

News

Bill is Passed for Eased Restrictions on PPP Loan

On June 3, the Senate passed the Paycheck Protection Flexibility Act, easing the restrictions on how businesses spend their Paycheck Protection Program (PPP) loans, which may allow small business owners more room for qualifying...

News

Nearly 80 Verrill Attorneys Recognized by Best Lawyers® 2021, Including a Dozen Named Lawyers of the Year

(August 24, 2020) – Nearly 80 Verrill attorneys were recognized as "Best Lawyers" by Best Lawyers® 2021 , including 12 attorneys named “Lawyer of the Year,” a distinguished recognition for only a single lawyer...

Matter

Allagash becomes Maine’s First Benefit Corporation

Allagash Benefit Event
Publication/Podcast

PPP Forgiveness Planning Scenarios

How to use this article: You already know that the Paycheck Protection Program (PPP) is highly complex, with intertwining conditions, exceptions, and definitions that defy simple explanation. This article assumes that you are pretty...

Publication/Podcast

PPP Math for the Self-Employed: And, Yes, There is Still Time

The Small Business Administration reports that as of May 23 it still had nearly $150 billion of untapped Paycheck Protection Program funds. The Program has been underutilized by self-employed business owners, in part due...

Matter

Banking: Establishment of Non-Depository Trust for National Company

Verrill served as special counsel to a national firm in the chartering and licensing of a Maine non-depository trust company as the client’s wholly-owned subsidiary. Non-depository trust companies are highly regulated, and the matter...

News

Paycheck Protection Program Focuses on Short-Term and Misses Long-Term Damages

On June 8, the Portland Press Herald published an article, "Revamped emergency loan program remains a short-term fix," discussing the Paycheck Protection Program's (PPP) extended deadlines and loosened restrictions, but lack of solutions to...

Publication/Podcast

60% Is Not a Cliff, Indeed

On June 11, the Small Business Administration (SBA) and the Treasury Department published important guidance that the revised 60% condition under the Paycheck Protection Program Flexibility Act will be applied proportionately, and not as...