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Economic Development
Federal government restores $4.5M Maine Sea Grant funding
Updated: May 5, 2025Money was made immediately available for the upcoming year, with funding for two additional years contingent on future appropriations by Congress.
Updated: May 5, 2025
Fairfield seeks public input on downtown development opportunities
Updated: April 14, 2025The Somerset County town is looking at business development, green spaces and waterfront, housing opportunities and transportation improvements.
Updated: April 14, 2025
Maine poised to leverage ‘blue economy’ opportunities, despite obstacles
Updated: April 1, 2025Maine has a long history of sustainable use of its ocean and coastal resources. But the state’s efforts to support ocean-related industries have been “disorganized.”
Updated: April 1, 2025
AI expert to join Central Maine Growth Council for year-long residency
March 17, 2025As an entrepreneur-in-residence Randolph Jones will help startups and entrepreneurs tap into two federally funded programs.
March 17, 2025
Thomas College VP nominated as Maine’s next economics commissioner
March 5, 2025Michael Duguay is executive director of the Harold Alfond Institute for Business Innovation at Thomas College, and has experience in economic and community development.
March 5, 2025-
Jobs report: Maine is not competitive with other states
March 3, 2025Maine is not attracting new employment at the same rates as other states and firms are not achieving the high levels of productivity that would support increasing wage levels.
March 3, 2025
MEREDA 2025: Tariff uncertainties cloud Maine real estate, economic outlook
Updated: February 28, 2025More than 900 people attended the Maine Real Estate & Development Association's annual conference Thursday in Portland.
Updated: February 28, 2025
NY engineering firm hired for Portland’s Franklin Street redesign
Updated: February 26, 2025WSP USA will conduct the final planning phase for the project, dubbed “Reimagining Franklin Street,” aiming to reconnect neighborhoods divided by 1960s construction.
Updated: February 26, 2025
An Aroostook County town's plan for cultural center wins key grant
Updated: February 26, 2025The town of Van Buren's plan to create the Acadian Arts Center received a boost as the Maine Redevelopment Land Bank Authority’s first grant awardee.
Updated: February 26, 2025
Brunswick Landing taps Westbrook's economic development chief as next leader
February 23, 2025Daniel Stevenson, who has led economic and community development in Westbrook since 2017, will start as executive director of the Midcoast Regional Redevelopment Authority on March 3.
February 23, 2025
Cancer treatment center opens at Westbrook’s Rock Row
Updated: February 19, 2025Rock Row's medical campus is welcoming a number of health practices to the developing complex, several of which provide oncology support.
Updated: February 19, 2025
Ellsworth stokes 'micro-grant' program for downtown businesses
February 13, 2025Past awardees used the grants for needs such as restaurant equipment and oak brewing barrels and to hire an artist for logo design.
February 13, 2025
Lisbon grant program to encourage business growth in village district
Updated: February 12, 2025The program is another tool to help a critical part of town stimulate business growth and job creation.
Updated: February 12, 2025
On the Record: With new Biddeford location, My Place Teen Center aims to amplify its mission
Updated: February 10, 2025As volunteers were putting on the finishing touches at 75 Bacon St. in Biddeford, Mainebiz stopped by to see the progress and checked back in after the center opened.
Updated: February 10, 2025
Word on the street: Igloo dining spheres, retail reuses top Maine development trends in 2025
Updated: February 10, 2025To find out what’s trending across the state this year, Mainebiz checked in with city officials, real estate professionals and others in the know.
Updated: February 10, 2025
How to convert remote workers into Maine workers
Updated: February 6, 2025By converting remote workers into local employees, we strengthen our businesses, communities and economy, writes guest columnist Katie Shorey.
Updated: February 6, 2025
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