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Maine Angels ended 2014 with more than $2 million invested in 26 deals, including money put into nine new companies.
Gelato and sorbetto company Gelato Fiasco Inc. of Brunswick has sold $782,660 of an indefinite debt offering, according to a document filed with the U.S. Securities and Exchange Commission. The first date of sale was Jan. 28.
The California investor that bought the shuttered Great Northern paper mill in East Millinocket for $5.4 million no longer is marketing the facility to newsprint manufacturers and is seeking “other users” for the site.
A Snap Fitness franchise in Brewer has filed for Chapter 7 bankruptcy more than a year after it was listed for sale.
As the newest captain at the helm of a 163-year-old ship, Bangor Savings Bank President Bob Montgomery-Rice sees the future in expanding branches in southern Maine and adding more technology to the bank's repertoire of services.
Tilson Technology Management Inc., a Portland-based telecommunications services provider, has raised $600,000 in venture capital as part of a $2.2 million equity capital infusion.
Harris Hills Organic Dairy in Union has filed for Chapter 7 bankruptcy, nearly a year after it took in cows that were rescued from a fire at a farm in Turner.
Radio Shack is set to close 13 Maine stores after filing for Chapter 11 bankruptcy last week.
The First Bancorp Inc., with headquarters in Damariscotta, has named its longtime chief operating officer as its new CEO and president, less than a year after predecessor Daniel Daigneault announced his retirement.
Mechanics Savings Bank and Biddeford Savings Bank are forming a holding company that would own both banks and increase their loan capacity, among other things.
Four Maine companies raised money recently through equity, debt or pooled investment fund interest offerings.
Within the last year, the IRS announced that we should expect an increase in partnership audits, small business audits and non-cash company audits. Yet, early in 2014, we were informed of a decrease in actual audits by the IRS.
Camden National Bank said Thursday it is launching a program to provide funding for the homeless.
More Maine companies found venture capital investments in 2014 over the prior year, but the total value of the deals was about 68% less for the year, and fourth quarter numbers were anemic compared to each of the first three quarters.
The Portland Police Department Federal Credit Union is merging with TruChoice Federal Credit Union, which has locations in Portland and Buxton.
Summer is in full swing, and many readers are thinking about where to go next.
Maine often tops the list with its stunning coastline, fresh seafood, peaceful forests and charming small towns. Maine is known as Vacationland for a reason.
Not surprisingly, many people who live in Maine also vacation here.
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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