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Economic Development

  • Colby College to buy third Waterville building

    August 31, 2015

    Following the recent purchase of two downtown Waterville buildings, Colby College is expected to buy another one for the purpose of spurring economic development.

    August 31, 2015
  • New Portland group worried referendum could stunt development

    August 20, 2015

    After a group of citizens called Save the Soul of Portland gathered enough signatures to help push forward a November referendum that could curtail new development along Portland's waterfront, a second group of residents called Portland's Future

    August 20, 2015
  • Skowhegan entrepreneur contest offers $20K prize

    August 20, 2015

    Entrepreneurs who want to start a business in downtown Skowhegan have a chance to win a $10,000 forgivable loan, commercial storefront space and other incentives in a contest being organized by Main Street Skowhegan and Skowhegan Savings Bank.

    August 20, 2015
  • Think Tank co-working space to open Biddeford site

    August 18, 2015

    The popular Think Tank co-working spaces in Portland and Yarmouth are getting a sister location at Biddeford's Pepperell Mill Campus this fall.

    August 18, 2015
  • 'Best Places to Work in Maine' sets new record

    August 13, 2015

    The “Best Places to Work in Maine” program has reached a record-breaking number of companies for its tenth annual publication, according to the program's organizer.

    August 13, 2015
  • Argo, MuniciPAY among nine Maine companies on Inc. magazine's 'fastest-growing' list

    Dylan Martin August 12, 2015

    Argo Marketing Group of Lewiston topped the list of nine Maine companies that were named as some of the country's fastest-growing private companies by Inc. magazine.

    Dylan Martin August 12, 2015
  • Downtown Bangor steps into the light: Loft development helps create 24-hour life

    Melanie Brooks August 10, 2015

    When Roy Hubbard left Connecticut to attend the University of Maine in Orono, he had no idea that less than a decade later he'd embark on an ambitious project to help reshape Bangor's historic West Market Square.

    Melanie Brooks August 10, 2015
  • Women to Watch, Class of 2009: Where are they now?

    Lori Valigra August 10, 2015

    The Mainebiz Women to Watch awards originated in early 2009 when the editorial staff hung all the covers of the previous year's issues on a wall and saw a lot of male faces.

    Lori Valigra August 10, 2015
  • Chinese investors plan $40M specialty hotel in Auburn

    July 31, 2015

    Chinese financiers unveiled plans Friday to invest up to $40 million to convert an old Auburn factory building into a “state of-the-art health and wellness hotel,” the Sun Journal reported.

    July 31, 2015
  • Developer eyes Rumford for $150M plant

    July 30, 2015

    Rumford may eventually be home to a new $150 million “processing plant” from a company with a “track record” of making large investments in Maine, but details are sparse so far.

    July 30, 2015
  • MTI, UMaine launching new startup program

    July 29, 2015

    The Maine Technology Institute and the University of Maine are launching a startup accelerator program in Bangor next month for up to three startups that have “high-growth potential.”

    July 29, 2015
  • Maine Development Foundation names Bangor Savings Bank exec as CEO

    July 28, 2015

    The Maine Development Foundation has named a senior executive at Bangor Savings Bank as its next CEO, three months after the unexpected resignation of its last leader.

    July 28, 2015
  • Ballot question seeks to cut corporate tax breaks

    July 28, 2015

    A question on November's statewide ballot seeks to increase funding for the Maine Clean Election Fund by cutting $6 million in corporate tax breaks.

    July 28, 2015
  • Tilson awarded $270K for broadband project

    July 24, 2015

    Portland-based Tilson Technology Management has won a $270,335 contract to design, engineer and build a broadband network in a section of Ellsworth that includes the city's Commerce Park, an industrial zone with land available for economic

    July 24, 2015
  • Monhegan Brewing releasing new beer to support Maine's island communities

    July 22, 2015

    Monhegan Brewing Co. and the Island Institute have partnered to release a new beer that is expected to benefit Maine's 15 year-round island communities through a portion of its sales.

    July 22, 2015
  • Maine Community Foundation names former attorney general as CEO

    July 14, 2015

    The Maine Community Foundation has named Steven Rowe, a former Maine attorney general, as its next CEO and president.

    July 14, 2015

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Today's Poll

Has this summer's rainy weather affected business?
Choices
Poll Description

The 2025 summer tourism season has gotten off to a rainy start, with rain affecting at least part of each weekend so far.  

For businesses like wedding venues, tour boats or restaurants that depend on outdoor seating, rain can put a damper on attendance and sales. 

Office-based businesses may not be as affected.

And farms, orchards and nurseries may welcome rain — as long as it doesn't come with high winds or all at once.