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Brunswick rocket developer bluShift Aerospace took home the prize in the first pitch competition held by Dirigo, a business accelerator in Waterville.
Federal legislation stalled in Congress, the SAFE Banking Act, would give banks safe haven to provide financial services to cannabis businesses. But is it enough?
Guest columnist Bill Williamson, president of Bank of America Maine, offers several strategies for keeping your business on a growth track amid economic uncertainty.
The partnership focuses on financially attractive, high-impact commercial real estate projects with the goal of benefiting communities.
Tanbark Molded Fiber Products plans to use the prize money to hire a designer, CEO and co-founder Melissa LaCasse said in her winning pitch.
With a regulatory approval last week, the credit union will grow from a service area of four counties to eight.
Less than three years after Maine Harvest opened for business in Unity, the credit union has agreed to merge with a larger one serving southern and midcoast Maine.
For the third year in a row, Maine credit unions are kicking off their annual campaign to fight hunger with a 30-day, $100,000 challenge to financial institutions, businesses and individuals to contribute.
The collaboration between Maine Venture Fund and Dirigo Labs aims to boost capital investments in central Maine startups.
Finsulate, a Dutch company establishing a U.S. headquarters in Portland, was crowned the 2022 Top Gun Showcase winner, receiving $25,000 in prize money.
A growing number of companies are becoming B Corporations and engaged in the movement. And more employers, consumers, investors and business partners are looking for that designation.
The new hourly minimum wage will take effect in late June, translating into an annual base salary of $45,000.
The new branch marks Bangor Savings Bank's 59 location in Maine.
Tis the season for business-pitch competitions, featuring a combination of familiar and new faces in Maine's startup community.
The Indus Fund is a new microloan program for small business owners in Maine’s growing immigrant community.
Among the results reported were loan originations of $163.1 million, a record high for the 152-year-old mutual savings bank.
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
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.
Learn More
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.
Learn More
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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