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The craft brewing industry, faced with slower sales, has seen more closures and fewer startup breweries. The University of New England will offer industry-specific training to guide owners through the evolving landscape.
Portland-based Evergreen Credit Union has hired Amanda Peacock as vice president of member experience and engagement.
Katahdin Bankshares will distribute the same dividend it paid in Q1, while M&T Bank announced a higher payout.
Northeast Credit Union, a New Hampshire institution with roots at the Portsmouth Naval Shipyard in Kittery, plans to adopt a new name this summer.
From oyster growers to a maker of fruit snacks from apple cider remains, food businesses in Maine received cash awards that can play a big role for small companies looking to grow.
Bangor Savings Bank has hired Mike Adams as vice president, senior fiduciary officer and counsel for the bank's wealth management group.
The Portland conference, held for the first time since 2019, offered sessions on a range of topics and networking events for budding and wannabe entrepreneurs.
The 4,000-square-foot building, slated for completion next spring, is more than double the size of the existing branch and will offer amenities like a member community room.
Founded in 1972, Avesta is the largest nonprofit affordable housing provider in Maine. It manages more than 150 properties and has 800 new homes and units in development.
Small, rural businesses have unique financing needs. USDA’s federal capital helps to stimulate business creation and growth.
Bath Savings Trust Co. has hired Ashley Daigle as a trust and investment officer.
Norway Savings Bank has promoted Jacob Gikas to the branch manager of its Scarborough branch.
Founded by philanthropist Wendy Schmidt and her husband, former Google CEO Eric Schmidt, the program researches climate change challenges and explores adaptive and imaginative solutions.
Small Business Development Centers in Maine recorded one of their highest numbers of business starts during 2023. “I think the pandemic caused a lot of people to rethink things," says Maine SBDC Director Mark Delisle.
Founders of an oyster farm, a producer of goods using lavender buds, and a landscaping firm were recognized for their “spirit of innovation and perseverance.”
The location leverage proximity to a planned 126-acre development of senior and workforce housing, ski condos, restaurants, commercial space and assisted living facilities.