Wells Fargo gave $372,900 to Maine nonprofits in 2018

Wells Fargo & Co. said it gave $372,900 to Maine nonprofits, schools and community organizations in 2018, including $45,000 in employee-driven donations.

Scratchpad Accelerator gets $150K boost from Bangor Savings

Bangor Savings Bank will invest $150,000 over three years in the Bangor-based Scratchpad Accelerator run by University of Maine Business School professor Jason Harkins and serial entrepreneur Lisa...

Skowhegan grant money will set Kennebec on 'fire'

The Kennebec River in Skowhegan will light up for special events, the result of a $75,000 grant from the Maine Arts Commission to Main Street Skowhegan. A three-year Creative Communities Economic...

Portland cannabis software company prepares for national expansion

A year-old Portland software company that focuses on the cannabis and hemp industry is getting ready to launch a second round of financing in order to expand nationally in a rapidly increasing market.

Bangor Savings Bank makes Forbes' 'World's Best' rankings

Bangor Savings Bank is the only Maine-based bank in the first-ever “World's Best Banks” rankings released by Forbes in a partnership with market research firm Statista.

$14M financing for Rock Row project will upgrade transportation links

Developers of the Rock Row project in Westbrook have secured $14 million in bond financing for the two million-square-foot mixed-use development in an agreement that will pay for public...

Gulf of Maine Research Institute receives $790K grant to study impact of warming ocean on key species

The National Science Foundation awarded the Gulf of Maine Research Institute a $789,659 grant to examine the impact of a warming climate on growth and population patterns in cod and lobster in the...

Three Greenlight Maine finalists selected for $100,000 pitch-off competition

Ocean’s Balance of Biddeford, Flowfold of Gorham and American Roots of Westbrook are in the running for a $100,000 cash prize after being named finalists of Greenlight Maine Season 4 television...