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Economic Development

  • Maine ranks low in economic growth

    June 12, 2014

    Maine and other Northeast states had the slowest-growing economies in 2013, according to new estimates by the U.S. Bureau of Economic Analysis.

    June 12, 2014

  • Lincoln sees upswing in new businesses

    June 12, 2014

    Lincoln is seeing an upswing in businesses opening, relocating or working on West Broadway, according to the

    June 12, 2014

  • EMDC gets federal help for economic recovery

    June 10, 2014

    The Eastern Maine Development Corp., a private, nonprofit organization based in Bangor, is receiving a $187,000 federal grant to help part of its service area recover from the loss of major rail services and paper production in the region su

    June 10, 2014

  • Two firms get $321K to boost local food efforts

    June 9, 2014

    Two Maine organizations are receiving a total of $321,500 in federal grants to boost local food efforts, including one expected to create 20 jobs and assist eight businesses.

    June 9, 2014

  • MRRA credits $3M debt payoff to rapid growth

    June 6, 2014

    The Midcoast Regional Redevelopment Authority has paid off a $3 million loan from the U.S.

    June 6, 2014

  • Top Gun program to expand; grads ply Maine-made malt, other goods

    Lori Valigra June 5, 2014

    Maine entrepreneurs will have more places in the state to hone their skills in the future, with the Maine Center for Entrepreneurial Development planning to add a midcoast location next year to its current Portland and Bangor sites for the T

    Lori Valigra June 5, 2014

  • Maine CEOs earn less on average

    June 3, 2014

    Maine CEOs and presidents at publicly traded companies have received far less on average than the national median, according to a Portland Press

    June 3, 2014

  • Partnership with Bank of Maine puts focus on Gardiner's downtown

    James McCarthy June 2, 2014

    Take a walk with Nate Rudy through Gardiner's downtown district and you'll begin to see how an economic and community developer's mind works.

    James McCarthy June 2, 2014

  • Report: Business 'dynamism' decline bad for growth

    May 27, 2014

    A new report from the Brookings Institution said business “dynamism” — the process in which jobs are created, destroyed and turned over as businesses are continually born, fail, expand and contract — is declining in Maine, and that is a bad

    May 27, 2014

  • Maine-inspired film made out-of-state due to incentives

    May 23, 2014

    The town of Farmington could have been the star location of an upcoming film featuring Jason Sudeikis and Rebecca Hall, but the filmmakers decided to film in Massachusetts instead.

    May 23, 2014

  • Innovation linked to education, R&D spending: report

    Lori Valigra May 22, 2014

    Maine has made considerable progress in higher education attainment and research and development investments relative to the nation since the late 1990s, but it still has far to go to stimulate those and other drivers of both innovation and

    Lori Valigra May 22, 2014

  • Tax break for $1.2M Houlton project gets initial OK

    May 19, 2014

    A proposed $1.2 million expansion of a nursing and long-time care facility in Houlton received initial approval for a tax break from the town.

    May 19, 2014

  • Cate Street sues paper industry newsletter

    May 15, 2014

    Cate Street Capital, the New Hampshire investment firm that owns two Millinocket-area paper mills with plans for three wood pellet mills, is

    May 15, 2014

  • Lewiston mulls tax break for conference venue

    May 14, 2014

    The Lewiston City Council might offer a tax break for a former church that will be converted into a venue for conferences, receptions and weddings.

    May 14, 2014

  • Maine Lobster Festival loses $14K city subsidy

    May 13, 2014

    The Maine Lobster Festival will have to pay $14,250 in fees to use Rockland public property for the first time in the festival’s long history.

    May 13, 2014

  • US gives $500K for new fishery jobs, businesses

    May 8, 2014

    CEI, formerly known as Coastal Enterprises Inc., has received a $500,000 federal grant to re-capitalize a revolving loan fund for commercial fisheries.

    May 8, 2014

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Today's Poll

Has this summer's rainy weather affected business?
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. 

More Information