Browse by
Economic Development

Finalists named for Gorham Savings' $50K LaunchPad competition


Gorham Savings Bank has selected five early-stage Maine businesses as finalists of its annual LaunchPad small business competition, with a $50,000 grand prize to be awarded to the winner.

Latest City Hall clash over Portland cold storage not yet the final chapter

Renee Cordes |

Supporters and opponents of a proposed cold storage facility on Portland's western waterfront clashed at a public workshop Thursday night as city planning board members signaled that the discussion...

UMaine, Lanco collaboration accelerates L.L.Bean tote production


L.L.Bean will be able to stitch tote bags in four to five seconds, thanks to a new automation machine created in a recent collaboration between the Advanced Manufacturing Center at the University of...

Lewiston: Historic district could boost economic development

The creation of a historic district in downtown Lewiston could be a good thing for economic development, a city official said in light of a current redevelopment project.

Madawaska lands $8M rural development package from feds

The Aroostook County town of Madawaska is receiving $8 million in a combined federal grant and loan through the U.S. Department of Agriculture Rural Development.

Cold storage windfall: USM researchers put long-term gains up to $900M

Renee Cordes |

Maine could see a potential long-term economic windfall of $500 million to $900 million if Portland gets a waterfront cold storage warehouse, according to researchers at the University of Southern...

Grohman's bill aims to boost MTI's role in creating strong innovation economy

James McCarthy |

The scope of Maine Technology Institute's mission in supporting innovation and entrepreneurship in Maine would be broadened under a bill proposed by state Rep. Martin Grohman, D-Biddeford.

Portland Buy Local seeking new executive director


Portland Buy Local has launched a search for a new executive director.

Houlton will award $40,000 through ‘entrepreneur challenge’

The Aroostook County town of Houlton will hold the Houlton Entrepreneur Challenge for the second year.

Grants up to $500K available to Maine communities

The Federal Northern Border Regional Commission has announced a new round of development and infrastructure grants for Maine communities, with the maximum grant for any applicant being $500,000 for...