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Economic Development

SBA’s Maine office’s lending activity declines 23% in 2018

Staff |

The U.S. Small Business Administration guaranteed over $83 million in loans to small businesses in Maine that otherwise would not have had access to capital during fiscal year 2018. That figure...

UMaine System trustees draft 'new vision' for public education

Staff |

The University of Maine System Board of Trustees released today a draft "declaration of strategic priorities" that would commit its campuses to leading educational efforts...

A new Maine-grown potato hits New England supermarket shelves

Staff |

The Caribou Russet potato, developed by the University of Maine, is now available in more stores throughout New England.

Vets First Choice names top execs for finance, HR

Staff |

Vets First Choice, the Portland-based animal pharmacy services company merging with the animal health business of Henry Schein Inc. (Nasdaq: HSIC), has named a new chief financial officer and a chief...

Dirigo Food Safety, Unity College win innovation challenge

Renee Cordes |

Dirigo Food Safety of Yarmouth and a team from Unity College won top honors in the 2018 New England Food System Innovation Challenge, held at Saint Joseph's College in Standish last weekend.

County, town moves kick off $4.9M Skowhegan Run of River project

Maureen Milliken |

The proposed Run of River Whitewater Recreation Area in Skowhegan can begin the lengthy study and permit process necessary for the $4.9 million project with a $40,000 grant from Somerset County.

Waterville's Mitchell is Central Maine Growth Council Developer of the Year

Maureen Milliken |

Insurance company owner's second love is developing his native city, and the growth council says his projects have drawn business that has added 100 jobs to Waterville

Bath hires new coordinator to market city, promote economic development

The city of Bath has hired Lindsey Goudreau, a 28-year-old former marketing communications specialist at Maine Behavioral Healthcare, to help market Bath and promote its economic development —...

Immigrant Welcome Center launches ‘Greenhouse Program’ for entrepreneurs

Staff |

The Greater Portland Immigrant Welcome Center is offering to help aspiring entrepreneurs — five to start with in the new year — get new businesses off the ground.

Will the business outlook improve in Maine under Gov.-elect Janet Mills?

Peter Van Allen |

Gov. Paul LePage's impact on business will likely be debated for some time.