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Economic Development

Eight entrepreneurs get SCORE 'Success Awards'

Lori Valigra |

SCORE, the largest collaborative mentoring organization in Maine, handed out its “Success Awards” to eight entrepreneurs Thursday in a partner event with Maine Startup & Create Week.

Maine Medical Center Research Institute attracts top scientists, licenses discoveries

Lori Valigra |

When University of Maine, Orono, alumni knocked on Peter Brooks' laboratory door at New York University in 2001 to tell him he'd won the inaugural Maine Alumni Association Spirit of Maine...

Maine's largest Small Business Administration loans

RankBorrower, locationLoan...

Microsoft surprises 3 Top Gun finalists with $60K each in services; Rapport takes $10K prize

Lori Valigra |

Sustainability software company Rapport took the $10,000 prize at the Top Gun Showcase Wednesday night at the University of Southern Maine. What stole the show, however, was the extra $60,000...

CEI's Ron Phillips to step down in 2016

Ron Phillips, CEO and president of Coastal Enterprises Inc., is planning to retire next year, nearly 40 years after he founded the nonprofit.

Maine gets $2.3M to redevelop industrial sites

Six Maine communities and groups are receiving $2.3 million in federal grants to assess, clean up and redevelop contaminated properties.

Aroostook County initiative touts potential of a 'forest products cluster'

James McCarthy |

The Aroostook Partnership for Progress, a public-private organization created to spur economic development in Maine's northernmost county, is leading a grassroots effort to advance the...

FAME bills emphasize economic and workforce development

James McCarthy |

In his first legislative session as CEO of the Finance Authority of Maine, Bruce Wagner says his message to lawmakers emphasized the agency's effectiveness in supporting the creation of...

LePage backs out of helping Nova Star Cruises

The widely held notion that Gov. Paul LePage would help Nova Star Cruises obtain a $5 million line of credit has been dispelled by the governor’s top economic development...

New firm expands CEI’s small business lending

Coastal Enterprises Inc. (CEI) has launched a new national firm that aims to lend up to $5 million to small businesses that can’t obtain loans from conventional...