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Economic Development

MTI awards $107K to businesses across the state

Staff |

The Maine Technology Institute announced on Thursday that it has approved nine grant applications for March totaling over $107,931 to Maine businesses specializing in advancements in fields including...

LePage, Alfond get green light on student debt legislation

Staff |

Maine Gov. Paul LePage and Senate President Justin Alfond, D- Portland, are touting passage of LD 1657, a bill that makes three major changes to the Opportunity Maine tax credit program.

Mainers sought to enter new global $125K MIT biz competition

Lori Valigra |

A new global competition has cast a worldwide net, but its executive producer, who is based in Maine, told Mainebiz that its focus on raising economic prospects for middle- and base-level earners...

FirstPark business partnership looks to spur global interest

Staff |

The 285-acre Oakland-based business campus, FirstPark, has announced a partnership with the Portland-based commercial real estate company, SVN The Urbanek Group, to spur development at the Kennebec...

How To: Work with your commercial lender to grow your business

David M. Eldridge |

Spring brings growth and new activity. In the commercial lending world, it's also when small- and mid-size businesses get serious about launching, growing or expanding. We celebrate...

On the record: Tanya Emery, director of the Bangor Community and Economic Development Department

Laurie Schreiber |

Emery has had a key role in the city's recent development. She was instrumental in the deal to bring discounter Wayfair (and 450 jobs) to the former L.L.Bean call center, as well as several downtown...

Startups in Maine need to move quickly to become mid-sized companies

Lori Valigra |

Two Maine financiers and innovators are calling for what seems a tall task: building a "middle class," or group of mid-sized, scalable Maine companies that can create and spin off new businesses and,...

From the Editor: Energy to spare?

Our cover story, by Senior Writer James McCarthy, delves into an issue that has vocal critics on both sides.

How To: Avoid the 5 temptations of success

Doug Packard |

A successful leader of a large organization that I met with recently remarked during our first interview, "Doug, I don't spend much time second-guessing myself."

'Greenlight Maine' charges into second season

Fans of “American Idol” looking to get their competitive television fix after the show called it a day last week might want to tune into “Greenlight Maine,” which pits some of...