Economic Development

Is Maine open for business? A resounding 'yes' from Mainebiz CEO forum

Renee Cordes |

The state of Maine absolutely is open for business. That’s the resounding message from a panel of executives speaking at Wednesday’s Mainebiz CEO Breakfast Forum in South Portland.


Maine Food Insider: Awards highlight work of Maine grocers and food producers


Snyder's-Lance of Saco, Ricker-Hill Orchards of Turner and Mark Kelley of Country Farms Markets of Washburn and Easton are being recognized today by the Maine Grocers and Food Producers Association...


STARC Systems names Aroostook native as CEO

Chris Vickers has been named CEO of STARC Systems, which last week announced it received $3.5 million in outside financing.

Economic Development

SBA lending in Maine increases 16% in total lending volume


The U.S. Small Business Administration reported that in Maine during fiscal year 2017, the SBA approved 303 7(a) loans totaling $68.53 million, an increase of 3% over fiscal year 2016. The SBA's...


Another Brunswick Landing aviation firm faces lawsuit over alleged loan default

A British investment company has sued the parent company of Tempus Jets, an aircraft refurbisher located at Brunswick Landing, alleging the company has failed to repay $9.7 million in loans.

Real Estate & Construction

New brewery ready to quadruple production with Gorham purchase

Lone Pine Brewing Co. in Portland has purchased the Sebago Brewing Co. property in a Gorham industrial park, with plans to quadruple production next year.

Banking & Finance

'Alexa, check my account balance' now possible with Town & Country FCU

Renee Cordes |

“Alexa, check my account balance at Town & Country Federal Credit Union" is now possible at the Scarborough-based credit union.

Real Estate & Construction

Statler Mill redevelopment faces opposition over low-income housing


Eight years after Augusta acquired the 32-acre former Statler Mill property on the east side of the Kennebec River, and 16 years after the mill closed, the city is still struggling with developing...

Health care

MeHAF grants target social, cultural barriers to ‘health equity’


The Maine Health Access Foundation has announced a new grant program aimed at gaining health equity in traditionally under-served communities.

Energy & Utilities

St. George residents oppose Monhegan wind project cable

An organization calling itself “Preserve Our Remarkable Town” has collected more than 300 signatures from residents of St. George for a petition opposing the Maine Aqua Ventus pilot...

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How to: Key tenets that will enable nonprofits to successfully manage an endowment

John P. (Jack) Moore |

For some not-for-profit institutions, an endowment can serve as a rainy day fund. For others, it might be their life blood for survival. Endowments serve each institution in a unique...

How to: Evaluate a consulting proposal and make a hiring decision

Steve Musica |

Q: I just received a proposal for consulting services. How should I evaluate the proposal and make a hiring decision?

How to: Make social media part of your networking strategy

Nancy Marshall |

How to: Deal with grief in the workplace

Carol Schoneberg |

Secure a non-bank SBA 7(a) loan

Rob Wilson |
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Worker shortage and lack of affordable housing go hand in hand

Peter Van Allen |

Mainebiz's "On the Road" events are a great way for the staff here to get a feel for what's going on around the state.

Maine health care's daunting challenge

Peter Van Allen |

Maine's rural areas face a number of challenges, ranging from a shrinking (and aging) workforce to a lack of reliable internet.


Notable Maine-based construction projects

Ranked by valuation 2016

RankProject, contractorEstimated value
1Bingham Wind Project, Reed & Reed Inc.$100 mil.
2Saint Croix Tissue, Black Bear Tissue Project, Baileyville, The Cianbro Cos.$65 mil.

Source: Each contract via survey

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