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Economic Development
Report flags 'troubling trend' in Maine's shortfall of affordable housing
Renee Cordes November 19, 2025The annual "Measures of Growth" report, by the nonpartisan Maine Economic Growth Council, tracks 31 indicators of the state’s economy,
Renee Cordes November 19, 2025
Oakland downtown businesses can apply for facade improvement grants
Tina Fischer November 17, 2025Grants will provide up to $25,000 funding for exterior building upgrades that enhance commercial areas of the Kennebec County town.
Tina Fischer November 17, 2025
UMaine System invested $638M in state economy in recent fiscal year
Laurie Schreiber November 9, 2025Payroll alone for UMaine employees with home addresses in Maine totaled $384 million in FY25, compared to $363.7 million in FY24.
Laurie Schreiber November 9, 2025
Bar Harbor college supports nearly $17M in economic impact on MDI region
Laurie Schreiber November 7, 2025Over the past four years, capital projects added $29.2 million in cumulative value to the regional economy and supported more than 300 construction-related jobs.
Laurie Schreiber November 7, 2025
Portland honors 5 local businesses for going the extra mile
Renee Cordes October 23, 2025Recipients of this year's Annual Business Awards include Matcha Mood and Redfern Properties. They will be honored at an event in November.
Renee Cordes October 23, 2025-
MaineHousing program receives national recognition
Tina Fischer Updated: October 22, 2025The program used $20 million in state funding to subsidize construction of 276 homes offered at prices affordable to middle-income households.
Tina Fischer Updated: October 22, 2025
Business development is on the agenda in Rockland
Laurie Schreiber Updated: October 16, 2025With a working waterfront, retailers, cultural venues and a growing number of cruise ships, proactive steps could grow and diversify the economy.
Laurie Schreiber Updated: October 16, 2025
South Portland wants redevelopment ideas for five city-owned buildings
Laurie Schreiber Updated: October 9, 2025The goal is to invite residents into the city’s deficient buildings and gather input about what community spaces they would like to see for redevelopment.
Laurie Schreiber Updated: October 9, 2025
Bath launches grant program to fill empty storefronts
Renee Cordes October 6, 2025A total of $50,000 is available in the first round of funding for the Bath Business Fit Up Program, with future rounds possible.
Renee Cordes October 6, 2025
40 Under 40: Peace Mutesi is a housing advocate motivated by ‘big and small wins’
Updated: October 6, 2025The housing crisis is severe. New production is far below what’s needed and much of the existing housing stock isn’t utilized effectively,
Updated: October 6, 2025
Jonesport looks to revive faded retail building
Tina Fischer October 1, 2025After years of vacancy and decline, the town officially took ownership of the property in March. The town hopes to transform the building into a functional space that will benefit both residents and visitors.
Tina Fischer October 1, 2025
How to forge partnerships that boost Maine's economy
Katie Shorey, guest columnist September 23, 2025From shared goals to harnessing the power of nonprofits, here are five ways Maine organizations can build partnerships that deliver real impact.
Katie Shorey, guest columnist September 23, 2025
Kittery shipyard’s economic impact climbs to $1.6B
Laurie Schreiber Updated: September 16, 2025Most of the civilian workforce hails from Maine, with 4,252 employees earning $433.2 million, up from 4,194 employees earning $402.1 million in 2023.
Laurie Schreiber Updated: September 16, 2025
Maine's minimum hourly wage to hit $15.10 next year
Renee Cordes September 12, 2025The increase, set to take effect on Jan. 1, will be 45 cents higher than the current rate.
Renee Cordes September 12, 2025
Portland leaders spar over downtown revitalization
Renee Cordes September 11, 2025Portland Mayor Mark Dion called on members of the business community to pitch in, while developer Kevin Bunker pushed back against bureaucracy.
Renee Cordes September 11, 2025In Portland, affordable home ownership taking shape at Dougherty Commons
Tina Fischer Updated: September 10, 2025Maine Cooperative Development Partners is installing the first phase of a 20-unit affordable condominium project off Douglass Street. Modular units are being built at KBS Builders’ South Paris factory and installed by Brunswick-based Backyard ADUs.
Tina Fischer Updated: September 10, 2025
Today's Poll
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
The Giving Guide
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 More
Work for ME
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.
Learn More
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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