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Economic Development

UMPI gets $50K grant to start visual arts center

The University of Maine at Presque Isle has received a $50,000 federal grant to help build a new visual arts center that will be the first of its kind in the region.

Morrison retiring from Androscoggin chamber post

Chip Morrison, who has been the president of the Androscoggin County Chamber of Commerce for 19 years, is retiring from his post in the spring of 2015.

Front Street Shipyard creates a buzz about Belfast

James McCarthy |

Sailing vessels and yachts cruising from Camden to Castine now have good reason to take a left turn at Belfast.

$979K to assist rural Maine businesses

The U.S. Department of Agriculture has awarded $979,250 to support businesses and economic development initiatives in northern and Down East Maine.

IDEXX workers using Portland Startup Weekend as training tool

Dylan Martin |

Portland’s third Startup Weekend begins this Friday, and it’s just not for aspiring entrepreneurs looking to get their feet wet. It can also be a training tool for...

Maine ranks low in economic growth

Maine and other Northeast states had the slowest-growing economies in 2013, according to new estimates by the U.S. Bureau of Economic Analysis.

Lincoln sees upswing in new businesses

Lincoln is seeing an upswing in businesses opening, relocating or working on West Broadway, according to the

EMDC gets federal help for economic recovery

The Eastern Maine Development Corp., a private, nonprofit organization based in Bangor, is receiving a $187,000 federal grant to help part of its service area recover from the loss...

Two firms get $321K to boost local food efforts

Two Maine organizations are receiving a total of $321,500 in federal grants to boost local food efforts, including one expected to create 20 jobs and assist eight businesses.

MRRA credits $3M debt payoff to rapid growth

The Midcoast Regional Redevelopment Authority has paid off a $3 million loan from the U.S. Navy 10 years before it was due, signifying the rapid growth of the former Brunswick Naval...