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Banking & Finance

Portland startup wins $25K prize in Thursday's Top Gun Showcase finals

Staff |

Erica Schmitz, founder of the Portland startup MyBodyModel, is the winner of the $25,000 cash prize awarded Thursday night at the Top Gun Showcase finals held at the University of Southern Maine's...

New Markets Tax Credits now available through EMDC affiliates

James McCarthy |

Eastern Maine Development Corp. learned earlier this month that three of its affiliates have become certified as Community Development Entities, a federal designation that allows them to participate...

CEI launches ‘Wicked Fast Microloans’ for small businesses

Staff |

Coastal Enterprises Inc. has created a new microloan product that’s intended to help small businesses that need capital quickly to address needs ranging from equipment breakdowns to scaling up...

Maine Credit Union League revamps website

Staff |

The Maine Credit Union League has given its website a makeover, updating both its look and content.

Greenlight Maine extends submissions period for Season 4

Staff |

Due to the high volume of entries the deadline for submissions for Season 4 of Greenlight Maine has been extended to June 1 at 11:59 p.m.

Gorham Savings Bank announces LaunchPad finalists

Staff |

Gorham Savings Bank announced on Thursday the five Maine businesses selected as the finalists of its annual LaunchPad small business competition.

Front Street Shipyard begins long-awaited expansion

Staff |

Front Street Shipyard in Belfast announced Friday that it has finalized the financing it needed to begin construction of a new facility adjacent to its existing yard on the Belfast waterfront.

Androscoggin Bank beefs up its lending staff

Staff |

Androscoggin Bank, which has $955 million in assets and 15 offices, has brought on several key hires to oversee the bank's lending operations.

Top Gun names finalists who’ll compete for $25K prize

Staff |

The Maine Center for Entrepreneurs and its partners — the University of Maine, The Lewiston Auburn Economic Growth Council and Gulf of Maine Research Institute — named 10 winners of the...

'Mission is far from over' as CEI marks 40th anniversary

James McCarthy |

The seeds of community economic development sown by CEI since its founding 40 years ago by Ron Phillips have multiplied hundredfold, with more than 2,700 businesses financed, almost 38,000 full-time...

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