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Banking & Finance

Greenlight Maine extends submissions period for Season 4

Staff |

Due to the high volume of entries the deadline for submissions for Season 4 of Greenlight Maine has been extended to June 1 at 11:59 p.m.

Gorham Savings Bank announces LaunchPad finalists

Staff |

Gorham Savings Bank announced on Thursday the five Maine businesses selected as the finalists of its annual LaunchPad small business competition.

Front Street Shipyard begins long-awaited expansion

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Front Street Shipyard in Belfast announced Friday that it has finalized the financing it needed to begin construction of a new facility adjacent to its existing yard on the Belfast waterfront.

Androscoggin Bank beefs up its lending staff

Staff |

Androscoggin Bank, which has $955 million in assets and 15 offices, has brought on several key hires to oversee the bank's lending operations.

Top Gun names finalists who’ll compete for $25K prize

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The Maine Center for Entrepreneurs and its partners — the University of Maine, The Lewiston Auburn Economic Growth Council and Gulf of Maine Research Institute — named 10 winners of the...

'Mission is far from over' as CEI marks 40th anniversary

James McCarthy |

The seeds of community economic development sown by CEI since its founding 40 years ago by Ron Phillips have multiplied hundredfold, with more than 2,700 businesses financed, almost 38,000 full-time...

CEI Ventures closes $500K investment in Biddeford startup

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CEI Ventures Inc., a for-profit subsidiary of CEI that has made over $28 million in direct investments in 55 companies since its founding in 1994, announced today that it has closed on a $500,000...

Nonprofits to receive $117K from Bangor Savings Bank Foundation

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A food pantry, library, pet rescue, children’s museum and community band are among the grant recipients for the Bangor Savings Bank Foundation’s 2018 Community Matters More program.

People’s United Community Foundation awards $37K to Maine nonprofits

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People’s United Community Foundation, the philanthropic arm of People’s United Bank, awarded $37,029 to Maine-based nonprofits during its first grant cycle of 2018.

Construction underway on Bangor Savings' new waterfront campus

Construction of the new five-story, 116,000-square-foot Bangor Savings Bank headquarters is underway at 11 Hamlin Way on Bangor's waterfront, with completion expected by the end of January 2019.