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Economic Development

First chapter in comeback story for rural Maine?


Maine's struggling forest products industry, which has been hit hard by the closure of six pulp and paper mills in the past three years, is getting a $1 million boost from the federal government to...

Wilton gets nod to apply for $150K development grant

The town of Wilton will get another chance to apply for a Community Development Block Grant to improve the facades of downtown businesses.

Fed policy adviser: Three rate hikes possible in 2017

James McCarthy |

Jeffrey Fuhrer, executive vice president and senior policy adviser at the Federal Reserve Bank of Boston, says the median view of the Fed's policymakers is that there will be three 0.25 percentage...

Report: Maine has more sci-tech companies and workers, but lags in other areas

Lori Valigra |

A new report finds that the number of science and technology companies and jobs in Maine is rising at the same time investment in innovation by both companies and universities has remained low.

Five on the Future

Peter Van Allen |

Every year Mainebiz surveys five experts on what's ahead for the coming year. We've seen major changes in Washington, with President-elect Donald Trump taking office later this month. But...

L/A growth council names Holden’s interim successor


Nearly two months after the resignation of John Holden, the Lewiston Auburn Economic Growth Council has named an interim leader.

Top Gun, African style: A chat with Don Gooding

Lori Valigra |

Don Gooding has been anything but idle since he left the helm of the Maine Center for Entrepreneurial Development last March. One of his latest ventures will use elements of MCED's Top Gun...

Maine population growing but seeing more deaths than births

Maine’s population grew by 2,026 last year to just over 1.3 million. But there were 1,300 more deaths than births.

Maine: the way work should be

Shawn Moody, founder of Moody's Auto Body, unveiled a plan for an incubator space on the former racetrack site in Gorham.

Martha Stewart donates $1M to Acadia

Martha Stewart, who has a house in Seal Harbor, pledged $1 million for the benefit of Acadia National Park.