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As $50K LaunchPad contest opens, last year's winner shares insight, tips
Renee Cordes Updated: March 4, 2020The business pitch-a-thon competition, sponsored by Gorham Savings Bank, is now accepting applications, which are due by April 1. Past winners say the contest has transformed their small businesses.
Renee Cordes Updated: March 4, 2020
Atlantic FCU invests $18M in new SoPo headquarters
Laurie Schreiber March 1, 2020Atlantic Federal Credit Union bought a Class A 97,376-square-foot office building at 600 Sable Oaks Drive in South Portland to become its new headquarters, for $18.1 million. Atlantic will retain existing tenants and initially occupy the available
Laurie Schreiber March 1, 2020
Grant will boost Main Street Skowhegan's economic development work
Maureen Milliken February 28, 2020The $15,000 grant from Skowhegan Savings Bank will help support the nonprofit's economic development efforts spelled out in the town's five-year-old Strategic Plan for Community Transformation.
Maureen Milliken February 28, 2020
Free business boot camp in Ellsworth aims to help area entrepreneurs
Laurie Schreiber Updated: February 27, 2020A new business boot camp in Ellsworth is poised to help business owners in Hancock and Washington counties. Sponsored by Maine Small Business Development Centers, the free Downeast Business Boot Camp & Pitch-Off is scheduled for March.
Laurie Schreiber Updated: February 27, 2020
Maine supermarket employee crowned nation’s best bagger
Staff Updated: February 26, 2020An employee of Hannaford Supermarkets in Bar Harbor won the National Grocers Association’s 2020 Best Bagger Championship on Monday and received a grand prize of $10,000.
Staff Updated: February 26, 2020
Maine Grain Alliance funds 19 businesses, organizations across the state
Staff February 20, 2020The Maine Grain Alliance in Skowhegan awarded $12,475 in mini-grants to grain-based businesses including farms, bakeries, a brewery and an oven builder. The grants fund everything from equipment to marketing.
Staff February 20, 2020
Saddleback sellers, buyers say Rangeley region community came first
Maureen Milliken Updated: February 18, 2020Arctaris Impact Fund, which bought the Rangeley-area ski resort from the Berry family, has a focus on the economic boost the mountain gives the area. That's what the sellers were seeking.
Maureen Milliken Updated: February 18, 2020
ProsperityME launches financial services support network for immigrants
Staff Updated: February 10, 2020The Portland-based nonprofit has launched a partnership program that is bringing together Maine’s financial services professionals to help immigrant residents establish a solid financial footing.
Staff Updated: February 10, 2020Farms and credit unions are working to combat hunger in Maine
Staff February 6, 2020A Maine program that provides fresh produce to low-income seniors is looking for farms to participate, while the state's credit unions say they raised more than $832,000 last year to fight hunger.
Staff February 6, 2020
Maine's largest wealth management firm poised for further growth
Renee Cordes Updated: February 6, 2020The new CEO of R.M. Davis talks to Mainebiz about hiring plans, and what he thinks sets the Portland firm apart from a rivals.
Renee Cordes Updated: February 6, 2020
Building a community: Manufactured home residents go co-op
Maureen Milliken Updated: February 10, 2020With housing options for low and moderate-income residents in York County increasingly sparse, some of them banded together to take some control over the situation. The co-op they formed is part of a growing trend.
Maureen Milliken Updated: February 10, 2020
Acadia Federal Credit Union opens new Bangor branch
Staff February 5, 2020The new branch, on Broadway, will be Acadia's third in Bangor and brings the total to eight branches in northern Maine.
Staff February 5, 2020
New Mainers get training for financial services industry
Staff January 30, 2020Six Maine banks and credit unions are partnering with Portland Adult Education to help immigrant residents prepare for teller jobs in the financial services industry.
Staff January 30, 2020Katahdin Bankshares reports 22% earnings increase for 2019
Staff January 29, 2020The bank holding company also reported that its assets rose to a record level of $850.9 million, a 6% increase over 2018.
Staff January 29, 2020Camden National reports 2019 results, will close three Maine branches
Staff January 28, 2020The bank's holding company on Tuesday reported record earnings for 2019, but plans to close three branches by the end of April.
Staff January 28, 2020
Boulos report: Portland-area real estate market won't succumb to history
Maureen Milliken January 28, 2020While history says a slump is coming, the area real estate market will continue to flourish, with some bumps caused by rising construction costs and tight inventory, the Portland firm says in its annual report.
Maureen Milliken January 28, 2020
Today's Poll
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
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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