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Economic Development

Colby College to buy third Waterville building

Following the recent purchase of two downtown Waterville buildings, Colby College is expected to buy another one for the purpose of spurring economic development.

New Portland group worried referendum could stunt development

After a group of citizens called Save the Soul of Portland gathered enough signatures to help push forward a November referendum that could curtail new development along Portland's waterfront, a...

Skowhegan entrepreneur contest offers $20K prize

Entrepreneurs who want to start a business in downtown Skowhegan have a chance to win a $10,000 forgivable loan, commercial storefront space and other incentives in a contest being organized by Main...

Think Tank co-working space to open Biddeford site

The popular Think Tank co-working spaces in Portland and Yarmouth are getting a sister location at Biddeford’s Pepperell Mill Campus this fall.

'Best Places to Work in Maine' sets new record

The “Best Places to Work in Maine” program has reached a record-breaking number of companies for its tenth annual publication, according to the program's organizer.

Argo, MuniciPAY among nine Maine companies on Inc. magazine's 'fastest-growing' list

Dylan Martin |

Argo Marketing Group of Lewiston topped the list of nine Maine companies that were named as some of the country's fastest-growing private companies by Inc. magazine.

Women to Watch, Class of 2009: Where are they now?

Lori Valigra |

The Mainebiz Women to Watch awards originated in early 2009 when the editorial staff hung all the covers of the previous year's issues on a wall and saw a lot of male faces. They thought...

Downtown Bangor steps into the light: Loft development helps create 24-hour life

Melanie Brooks |

When Roy Hubbard left Connecticut to attend the University of Maine in Orono, he had no idea that less than a decade later he'd embark on an ambitious project to help reshape Bangor's...

Chinese investors plan $40M specialty hotel in Auburn

Chinese financiers unveiled plans Friday to invest up to $40 million to convert an old Auburn factory building into a “state of-the-art health and wellness hotel,” the Sun Journal...

Developer eyes Rumford for $150M plant

Rumford may eventually be home to a new $150 million “processing plant” from a company with a “track record” of making large investments in Maine, but details are sparse so...