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Economic Development

$228K in federal grants awarded to two farms for business development

Staff |

Two Maine farms have been awarded a total of more than $228,000 in federal grants to expand operations and launch new product lines.

Bangor company receives $1M federal grant to advance its growth

Staff |

Activas Diagnostics in Bangor has received a $1 million grant from the National Institutes of Health to further its work on a diagnostic sleep monitoring system as well as develop a plan for scaling...

Former L.L.Bean senior VP picked to lead Maine Center Ventures

James McCarthy |

A seasoned business leader with a strong entrepreneurial background has been selected to be the first ongoing CEO of Maine Center Ventures, a new tax-exempt entity developed as part of Maine Center...

Millinocket Housing Initiative making progress

Maureen Milliken |

The Northern Forest Council has already bought six houses and multi-family buildings and renovated and rented out three in a program aimed at helping the town's downtown revitalization.

Nasson College's turnaround nearly complete with conversion of Marland Hall into senior housing

Maureen Milliken |

Rob Reinken was at his latest development project a few weeks ago when he saw a woman out in front taking photos. He asked if he could help her.

WalletHub ranks Maine at No. 31 for business startups

Staff |

In a WalletHub assessment of the best and worst states in which to start a business, Maine came in at No. 31, sandwiched between Tennessee (No. 30) and New York (No. 32).

Augusta, developer partner on 'addition by subtraction'

Maureen Milliken |

The city took advantage of a bad situation -- two distressed residences on upper Bridge Street — and with the help of a local developer made it a plus.

Falmouth Center proposal tests town's commercial goals

Maureen Milliken |

The town grapples with whether a Falmouth Center mixed-use proposal matches its vision for its U.S. Route 1 commercial corridor and desire for more development there.

MDOT 'ready to dig in' on building freezer warehouse without Americold

Renee Cordes |

The Maine Department of Transportation will go ahead with plans to build a cold-storage warehouse in Portland without Americold Realty Trust (NYSE: COLD) as a partner, welcoming the chance to take a...

GrowSmart Maine launches Maine Smart Growth Awards

STAFF |

GrowSmart Maine is launching the Maine Smart Growth awards, which are designed to recognize the diverse elements that contribute to smart growth, and also serve as real life illustrations...

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