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Out of the total, $750,000 was paid out this year, while the remaining $305,500 will be distributed in the form of multi-year grants, according to the bank.
To kick off the new year, Mainebiz asked more than a dozen movers and shakers from different sectors for their 2024 business predictions. The prognostications offer much food for thought.
From "Fitbit for cows" to food-delivery robots, here are 10 stories about innovation and technology published in 2023.
The for-profit platform, which bills itself as an “easy way to raise money” from friends and family, has become a resource for Mainers affected by this week's flooding.
A late-year rally on Wall Street is good news for investors, but there's still uncertainty in the economic outlook, writes guest columnist Kenneth J. Entenmann, chief economist at NBT Bank.
All covers are designed by Mainebiz Art Director Matt Selva, who racked up four more design awards this year. They include two from the Alliance of Area Business Publishers and two from the New England Newspaper and Press Association.
Greg Dufour, set to retire as president and CEO of Camden National Bank on Dec. 31, said his own institution's approach to growth has been "deliberate, disciplined and opportunistic."
The robbery took place in the city's East Bayside neighborhood Wednesday morning, and police arrested the suspect a half hour later.
Camden National Corp., with $5.7 billion in assets, has 58 banking centers and additional lending offices in New Hampshire and Massachusetts.
A roundup of news hires, promotions and professional achievements at businesses and nonprofits around Maine.
The new company currently employs 17, but is looking to at least double staff over the next year as operations grow.
The merged entity would have nearly $2.7 billion in assets and become Maine's second-largest mutual savings bank.
Starting Tuesday and until Dec. 23, Town & Country Federal Credit Union is giving donations to a dozen nonprofits in Cumberland and York counties.
March's new responsibilities include leadership of commercial banking and payments solutions activities in Maine, Vermont, New Hampshire and eastern Massachusetts.
Maine Savings Federal Credit Union has appointed Erin Campbell as senior vice president of finance and accounting.
Kyle Taylor has been named assistant vice president and branch manager at the Presque Isle location.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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