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The planned "wet lab" and business incubator would offer shared-use equipment to facilitate the use of liquids and biological materials for testing, experiments and product development.
Proposals to develop and operate the Maine Life Sciences Incubator are due by July 1.
A Life Science Innovation Center would focus on marketing Maine as a destination for innovation and research by advocating for policies that make the state more competitive.
Over the last four quarters, the Westbrook-based maker of veterinary diagnostics and software has surpassed consensus EPS estimates three times.
Prapela Inc., currently staffed by two employees, aims to add 25 hires by the end of 2027 and employ more than 50 by 2030.
In coming months, MedRhythms aims to introduce its prescription-only device branded as Movive in select U.S. markets.
The nonprofit biomedical research institution headquartered in Bar Harbor — has a construction project underway to build a 21,000-square-foot, two-story expansion at its Bar Harbor campus.
Over the last four quarters, the Westbrook-based maker of veterinary diagnostics and software has surpassed consensus EPS estimates three times.
The $2.3 billion sector employed close to 10,000 Mainers in 2024.
Mainebiz offers 25 predictions about Maine's economy in 2025.
Some Maine companies bulked up through acquisitions, while others were targets for buyers.
From clam chowder beer for April 1 to an AI mouse, here are some unusual stories that we relished writing this year.
The share repurchase program has no specified expiration date and may be suspended or discontinued at any time.
UNE will begin covering tuition costs for high-achieving students whose families earn less than $100,000.
Also on Thursday, the Westbrook-based provider of veterinary diagnostics and software reaffirmed 2024 full-year financial guidance the company issued last month.
The partnership of New England universities could receive up to $15 million from the federal government to advance entrepreneurship, workforce development and economic growth.
Sponsored by Kennebunk Savings Bank
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision will be voted on in Portland that could raise the hourly compensation to $19).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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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.
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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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