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Economic Development
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Gardiner to end unique business loan program
May 7, 2015The Gardiner City Council has voted to end the city’s revolving loan program for small businesses, with plans to use the funds for other economic development purposes.
May 7, 2015Scrap-metal dealer buys Otis Falls Mill
April 29, 2015A local scrap-metal dealer has purchased the historic Otis Falls Mill in Jay after its former owners decided to end their multi-year effort to redevelop the property.
April 29, 2015
Grassroots branding initiative seeks to boost the Moosehead Lake region's year-round economy
April 20, 2015Two minutes into his presentation unveiling “America's Crown Jewel” as the tagline of a new branding initiative for the Moosehead Lake region, consultant Roger Brooks set a high bar for the marketing plan his firm will complete by early summer for
April 20, 2015Wick Johnson: 'We continually underestimate the vibrancy of the Maine economy'
April 20, 2015I like your focus on real business in Maine. We continually underestimate the vibrancy of the Maine economy and often miss the point when we try to stimulate growth. Maine is really a micro-business state, not a small business state.
April 20, 2015
Blackstone Accelerates Growth program won't continue
April 15, 2015Funds for Blackstone Accelerates Growth, a $3 million initiative launched i
April 15, 2015
New branding effort promotes Moosehead Lake region as 'America's Crown Jewel'
April 13, 2015An economic development group in the Moosehead Lake region is hoping to increase tourism and business activity with a new tagline for the area: “America’s Crown Jewel.”
April 13, 2015
Belfast shipyard expansion would create jobs
April 6, 2015Front Street Shipyard is teaming up with the city of Belfast to apply for a Community Development Block Grant that would help the shipyard expand and hire more workers.
April 6, 2015TIFs benefit more than businesses
April 6, 2015While the availability of programs to promote economic development for municipalities are few and far between, Maine law provides one important tool — tax increment financing.
April 6, 2015Portland waterfront plan could generate $200M
April 3, 2015A plan to transform a 10-acre site on Portland’s eastern waterfront into a mixed-use development has the potential to bring the city more than $200 million in one-time economic activity, according to a study commiss
April 3, 2015Entrepreneurs, funders to meet at ‘matchmaking’ event
March 25, 2015Top Gun entrepreneurs from 35 companies plan to meet with potential funders from across the state in a “speed dating” type of format this Thursday at the new
March 25, 2015Redzone Wireless gets FAME-backed $4M loan
March 23, 2015Redzone Wireless in Camden has received a $4 million loan from Camden National Bank to develop its 4G LTE wireless broadband service across most of Maine.
March 23, 2015Foreign trade zones expand in Bangor, Waterville
March 23, 2015The U.S. Department of Commerce has recently approved the expansion of foreign trade zones in Bangor and Waterville, allowing companies in surrounding companies to benefit.
March 23, 2015Funding for Maine entrepreneur program unclear
March 19, 2015Funding for Blackstone Accelerates Growth is up in the air as the Maine entrepreneurship program reaches the end of the initial $3 million it received from an out-of-state charitable group.
March 19, 2015Portland business incubator attracts investors
March 18, 2015Portland city officials and developers of the New England Ocean Cluster House have identified the Maine State Pier as the location for the marine-based business incubator.
March 18, 2015
TechPlace gears up for Phase II industrial space
March 12, 2015TechPlace, the new startup incubator at Brunswick Landing being developed by the Midcoast Regional Redevelopment Authority, is gearing up for its Phase II expansion.
March 12, 2015Whitney nominated to lead MTI
February 23, 2015Brian Whitney has been nominated by Gov. Paul LePage to serve as the Maine Technology Institute’s next president, six months after the previous leader’s ouster.
February 23, 2015
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