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A senior wealth manager who has served on boards urges nonprofits to keep financial records in order and update written policies. And don't overlook individual donors, who are responsible for 71 cents of every dollar given to nonprofits.
Maine Sea Grant hopes to tap into the Maine coast's "tradition of ingenuity" by launching a pitch competition that offers winners up to $15,000 for new or existing projects.
From storytelling to succession planning, five Maine entrepreneurs shared practical tips, insights and mistakes they've made in Tuesday's hour-long virtual Mainebiz Small Business Forum.
The pandemic forced businesses to find ways to make employees and customers feel safe.
The annual list of fastest-growing private companies in the U.S. contained many names from previous rankings, but also a few newcomers.
Two new Maine Community Foundation grant programs, one for general support and one for acquisition, replace the Fund for Maine Land Conservation.
With GWI in Biddeford, Maine now has nine B Corps, which are certified for meeting high standards of social and environmental performance, transparency and legal accountability. More B Corps in the state are expected soon.
This year's recipients of the Mainebiz honors, now in their 12th year, represent a wide variety of business sectors and geographies across the state.
Habitat for Humanity of Grater Portland said it will use a $90,000 Community Development Block Grant to expand help for low-income homeowners to make needed repairs, while KeyBank announces grants to fund COVID-19 relief and social justice.
During the pandemic, the company pivoted from primarily café sales to expanded manufacturing opportunities and new wholesale partnerships.
A former banker, she leveraged her finance career into a retail one. The pet supply boutique Neal bought with her husband in 2010 has grown into a chain of seven across Maine. With more people getting dogs during the pandemic, the stores have been
The sale of Paycheck Protection Program loans helped the Portland-based bank turn from a quarterly loss last year to an $11 million profit in Q4 of this one. Year-end results increased dramatically as well.
The company attributed the decrease in net income to higher provision expenses in response to the pandemic, while Camden's president and CEO said the bank remains well-positioned to withstand the uncertainty caused by the crisis.
Under his ownership, Oxford Plains Speedway became one of the country's most popular venues for short-track auto racing. Bahre also led the development of shopping centers and homes across Maine, and was a prominent backer of Oxford Casino.
Even in the best of times, commercial leases can be challenging to navigate. In the wake of COVID-19, most business owners are reconsidering a number of factors as they work their way back to something that resembles normal.
A good board can provide a competitive advantage to your business. But companies need to periodically evaluate what skills they need on their board in order to make use of that advantage.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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 MoreWork 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 MoreWhether 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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