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Big Gig business pitch contest set to kick off delayed season
Renee Cordes Updated: November 9, 2020Delayed because of the pandemic, the 2020-21 season is scheduled to start on Nov. 17 with the first of four virtual events in which entrepreneurs compete for a $500 cash prize. Those winners vie in the Big Gig Grand Finale for a $5,000 prize.
Renee Cordes Updated: November 9, 2020Small businesses from Hancock, Washington counties vie for pitch-off prize
Staff November 4, 2020Five small businesses from the two Downeast counties are competing for the cash and in-kind prizes. The pitch-off comes after a two-week "mini-MBA" program organized by Coastal Enterprises Inc., its Women's Business Center and the Maine Small
Staff November 4, 2020
Maine business, nonprofit leaders share 2021 policy 'wish lists' for lawmakers
Renee Cordes Updated: November 4, 2020The heads of associations for Maine's hospitality, nonprofit, banking and credit union sectors tell Mainebiz what they want legislators in Washington and Augusta to tackle first when they next convene.
Renee Cordes Updated: November 4, 2020
Bar Harbor Bank & Trust opens Brunswick branch, a $2.4M new construction
Renee Cordes Updated: November 2, 2020Bar Harbor Bank & Trust, which just opened a branch in the Cooks Corner area of Brunswick, has more than 50 locations across Maine, New Hampshire and Vermont. A spokesman told Mainebiz that the company invested $2.4 million in building out the
Renee Cordes Updated: November 2, 2020
Northeast Bank records income surge in its fiscal Q1
Peter Van Allen October 30, 2020Northeast Bank, with nine branch offices in western and southern Maine, reported that income was up sharply in the recent quarter, helped by fees from reselling PPP loans and a low rate of non-performing loans.
Peter Van Allen October 30, 2020Bar Harbor Bankshares reports Q3 net income up 68%
Staff October 29, 2020The company expanded on key performance metrics and continues to see an upswing in customer activity since some of the state’s economic sectors began reopening over the summer.
Staff October 29, 2020Camden National reports Q3 earnings up 16% as bank builds up loan loss reserves
Staff October 28, 2020The Camden-based, $5.2 billion bank holding company also said its short-term loan deferrals shrank during the third quarter.
Staff October 28, 2020
Katahdin Bankshares, First Bancorp see solid Q3 results but acknowledge pandemic's impact
Staff October 26, 2020Share earnings are strong but continued low interest rates and loan deferrals and extensions, both due to the pandemic, are causing pressures.
Staff October 26, 2020
More Maine farmers can apply for federal drought relief
Renee Cordes Updated: October 21, 2020Farmers in 14 of Maine's 16 counties can now apply for drought relief from the U.S. Department of Agriculture. The available relief includes emergency loans and other aid from the USDA's Farm Services Agency.
Renee Cordes Updated: October 21, 2020
In national beer comp, three New England brewers won gold. Two are in Maine
Renee Cordes Updated: October 19, 2020In one of the industry's most challenging years, 1,720 craft breweries nationwide competed in the Great American Beer Festival. The two Portland breweries took home hardware in several categories.
Renee Cordes Updated: October 19, 2020
The envelope, please: Rankings released for Maine's Best Places to Work
Staff Updated: October 19, 2020A human resources professional group announced the top honorees in a field of 84 Maine employers. That total was down slightly from the number of companies and organizations that made the cut last year.
Staff Updated: October 19, 2020Maine's home foreclosure rate is on the rise, bucking relief-softened US trend
Staff October 16, 2020The state's foreclosure filing rate ranked as one of the country's highest during the third quarter, and even higher during September. Nationally, COVID relief measures are slowing foreclosure proceedings.
Staff October 16, 2020Tax credit program for Maine investors and businesses has availability — but time is running out
Staff October 16, 2020Time is running out but the Maine Seed Capital Tax Credit Program has $7 million in tax credit authority available for use by investors and Maine businesses for the remainder of calendar year.
Staff October 16, 2020
After nixing merger, Infinity Federal Credit Union plans another — in same Illinois city
William Hall October 15, 2020If the deal is approved, the combined credit union would be headquartered in Moline, Ill., which coincidentally is home to the financial cooperative that Westbrook-based Infinity considered merging with last year.
William Hall October 15, 2020
Maine credit union chief sees room for streamlining merger reviews
Renee Cordes Updated: October 13, 2020As Maine State Credit Union and Midcoast Federal Credit Union join forces to form the state's largest credit union, Mainebiz checked in with Todd Mason, president and CEO of the Maine Credit Union League, for his take on prospects for further
Renee Cordes Updated: October 13, 2020
Small business COVID-19 incentive program facilitates inn transactions
Laurie Schreiber October 12, 2020Inn transactions in Bath and Sullivan were initially stymied by the challenge of finding a bank willing to lend during the pandemic. The SBA program made closings on both properties possible.
Laurie Schreiber October 12, 2020
Today's Poll
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
The Giving Guide
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
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
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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