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Economic Development

Maine bike trek boosts local businesses

A 340-mile bike trek hosted by the Bicycle Coalition of Maine with 350 participating cyclists boosted local businesses in the town of Norway, hinting at a wider economic...

Virginia economic development firm to aid Millinocket

Economic development firms in Alexandria, Va., and Bangor are offering free services to Millinocket as a way to help dig the town out of its economic troubles.

Gardiner downtown contest seeks business ideas

A Gardiner economic development group has launched a $5,000 contest seeking new business ideas to help reinvigorate downtown Gardiner.

Thornton Academy partners with UNE to make college more affordable

Thornton Academy and the University of New England announced on Wednesday a new partnership that will allow qualified graduates of the Saco boarding school to enter UNE's College of Arts...

LOOKBACK: Celebrating Mainebiz's 20th anniversary

Lori Valigra |

In this shortened work week leading up to Mainebiz’s 20th anniversary edition on Sept. 8, we will run an online feature in our Daily electronic edition to share what we...

Head of Central Maine business group resigns

Darryl Sterling has stepped down as executive director of Central Maine Growth Council, an  economic development group that serves Waterville, Winslow, Fairfield and...

Nova Scotia seeks $5M ferry subsidy from Maine

Nova Scotia’s provincial government is reportedly pushing for the state of Maine to provide the heavily subsidized Nova Star Cruises ferry a $5 million line of...

GWI's CEO releases plan to improve Maine's broadband standing

James McCarthy |

Fletcher Kittredge, founder and CEO of the Biddeford-based telecommunications company GWI, has released a 10-point plan to improve the quality and availability of broadband Internet...

$20M grant to establish aquaculture network in Maine

The University of Maine, in partnership with the University of New England and other institutions in Maine, has received a five-year, $20 million National Science Foundation grant to...

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.