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A group of three bioscience-focused nonprofits say they plan, through mutual cooperation and by housing very early-stage companies and researchers, to boost the state's biotechnology business acume
A large data breach in December 2013 shook banks and retailers out of their sense of complacency that fraud couldn't happen in their business. In mid-December of that year, Target Corp.
Two minutes into his presentation unveiling “America's Crown Jewel” as the tagline of a new branding initiative for the Moosehead Lake region, consultant Roger Brooks set a high bar for the marketing plan his firm will complete by early summer for
In the year since I joined Mainebiz, I have preached (and tried to practice) the philosophy that the editorial staff should get out and meet with businesspeople around the state.
Federal science funding can be a boon to Maine companies, but some of its requirements can limit entrepreneurial activity.
Most business owners and marketing managers recognize that to retain and increase market share they need to continually build awareness of their products and services. But choosing the partner best suited to help with that process can be tricky.
In marketing, being busy isn't always a good thing.
Every three days or so last summer on the island of Vinalhaven, I made the drive into town to stock up. I popped into the grocery store, stopped by the wine shop and checked in at the Paper Store for local gossip and a copy of the newspaper.
New hiresNorton Financial Services in Cumberland Foreside hired Nick Corrow as a service representative for retirement plans. Corrow was most recently a tax specialist with BerryDunn.
Over the past several months, banks and other businesses have been looking for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions have been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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