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Economic Development

Credit cards: Are they what they used to be?

Lori Valigra |

Flashing a platinum or gold credit card used to be a status symbol, but a recent Money Pulse survey by found the times are changing, especially among younger generations.

DECD, Greenlight Maine partner to double prize purse, fuel jobs

Lori Valigra |

The Maine Department of Economic Development will help entrepreneur competition Greenlight Maine at least double its purse to $200,000 in season two, and expand its reach in the state with the aim of...

Ellsworth awarded $300K Community Development Block Grant

The city of Ellsworth will receive $300,000 from the Maine Department of Economic and Community Development via the federal Department of Housing and Urban Development that can be used to assist...

Pop-Up art gallery highlights downtown Augusta

Peter Precourt, a professor of art at the University of Maine at Augusta, is using a vacant storefront at 265 Water St. in the state's capital as a pop-up art gallery.

Hospitality coalition opposes wording of minimum wage measure

Staff |

A coalition including the Maine State Chamber of Commerce and the Maine Innkeepers Association said the language of a statewide ballot measure to raise Maine's minimum wage fails to meet the standard...

Washington County nonprofit nabs $600K for economic development

Staff |

The Machias-based Sunrise County Economic Council, will be receiving $600,000 from the U.S. Department of Agriculture in the form of a $500,000 Rural Microentrepreneur Assistance Program Loan and a...

Not far from downtown Bar Harbor, Town Hill attracts small businesses

Laurie Schreiber |

A mini-boom in small-business activity is taking place in Town Hill, a small village that's part of the busy tourist town of Bar Harbor, but is located on its outermost fringe.

MTI awards $21K to five businesses across Maine

Staff |

The Maine Technology Institute approved five grant applications for the month of May totaling $21,303 to Maine businesses specializing in advancements in the fields of aquaculture and marine...

Will deep discounts lure businesses to downtown Ellsworth?

Two Ellsworth commercial property owners are taking matters into their own hands to address the high vacancy rate they say has become all too common a sight on the city's Main Street.

Downtown Ellsworth Association hires new director

The Downtown Ellsworth Association has hired Gouldsboro native and Ellsworth business owner Cara Romano as the part-time executive director of the association.