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Economic Development

  • Spurring innovation | Maine's entrepreneur community welcomes a $3 million boost from the Blackstone Charitable Foundation

    Carol Coultas October 17, 2011

    What is the Caribou connection among U.S. Sen. Susan Collins, pioneer businessman Peter Vigue and the top executive of the biggest private equity management firm in the world?

    Carol Coultas October 17, 2011
  • New school of thought | Welcoming foreign students is an investment in Maine's future

    Janine Bisaillon-cary October 17, 2011

    If you visit Maine’s college and academy campuses lately, you may notice some exciting changes in student populations. Maine educational institutions are going global in their student recruitment, and this development is an encouraging sign.

    Janine Bisaillon-cary October 17, 2011
  • Events manager | Michael Aube, president and CEO, Eastern Maine Development Corp., Bangor

    Doug Kesseli October 17, 2011

    Michael Aube, who shepherded a game-changing $65 million arena project in Bangor, showed signs of economic-development finesse early in life.

    Doug Kesseli October 17, 2011
  • $3.5M to revitalize 11 downtowns

    The Mainebiz News Staff October 13, 2011

    The Maine Department of Economic and Community Development has awarded 11 grants totaling $3.5 million to downtown revitalization projects around the state.

    The Mainebiz News Staff October 13, 2011
  • Group touting Civic Center work raises $86,000

    October 11, 2011

    A group that's trying to push voters to support the renovation of the Cumberland County Civic Center raised almost $86,000 in the last three months, according to reports filed last week with the state's ethics and elections commission.

    October 11, 2011
  • Foundation to invest $3M for innovation

    The Mainebiz News Staff October 7, 2011

    A $3 million initiative from New York-based Blackstone Charitable Foundation will support the growth of Maine's innovation economy and entrepreneurship.

    The Mainebiz News Staff October 7, 2011
  • Ocean Properties funds pro-racino effort

    The Mainebiz News Staff October 7, 2011

    Ocean Properties, one of the partners behind the proposed Biddeford Downs racino, has contributed nearly $800,000 to the campaign, according to third-quarter finance reports filed Wednesday.

    The Mainebiz News Staff October 7, 2011
  • Border commission awards $250,000

    The Mainebiz News Staff October 5, 2011

    Two projects in northern Maine have received a total of $250,000 from the Northern Border Regional Commission, a multi-state organization charged with boosting development along the rural border regions of Maine, New Hampshire, Vermont and New Yor

    The Mainebiz News Staff October 5, 2011
  • $5M to train 300 unemployed in Brunswick

    The Mainebiz News Staff October 5, 2011

    The U.S. Department of Labor has awarded nearly $5 million to Coastal Counties Workforce Inc. in Brunswick to be used to train 300 long-term unemployed people.

    The Mainebiz News Staff October 5, 2011
  • LePage seeks input on job creation

    The Mainebiz News Staff October 4, 2011

    Gov. Paul LePage yesterday announced he will host a series of job creation workshops this month and next to collect ideas from the business community on how to stimulate the economy.

    The Mainebiz News Staff October 4, 2011
  • Are decision-making habits robbing you of productivity?

    Jim Milliken October 3, 2011

    "Advice Squad" is written by members of the Maine chapter of the Association for Consulting Expertise, a trade organization of 88 consultants around the state.

    Jim Milliken October 3, 2011
  • Quimby expands land holdings

    Mainebiz News Staff September 29, 2011

    Roxanne Quimby has expanded her extensive footprint in northern Maine, purchasing another 11,291 acres near Baxter State Park for her land conservation foundation.

    Mainebiz News Staff September 29, 2011
  • Bangor Savings, Goodwill coming to Augusta

    The Mainebiz News Staff September 28, 2011

    A developer has announced plans to bring new tenants to the former Kennebec Journal property in Augusta, including Bangor Savings Bank and Goodwill.

    The Mainebiz News Staff September 28, 2011
  • Report: Trade deficit cost ME jobs

    The Mainebiz News Staff September 21, 2011

    A report from the Economic Policy Institute in Washington, D.C., has concluded that Maine lost nearly 10,000 jobs over the last decade due to the U.S. trade deficit with China.

    The Mainebiz News Staff September 21, 2011
  • MRRA, Navy agree on base land sale

    The Mainebiz News Staff September 20, 2011

    The U.S. Navy and the Midcoast Regional Redevelopment Authority have a reached a unique deal that will transfer more than 1,000 acres of land and buildings at the former Brunswick Naval Air Station to the civilian reuse group.

    The Mainebiz News Staff September 20, 2011
  • Black Bear picks casino gaming partner

    The Mainebiz News Staff September 19, 2011

    Black Bear Development will partner with Las Vegas-based Silverton Casino to support development and operations of its casino under construction in Oxford.

    The Mainebiz News Staff September 19, 2011

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Today's Poll

Do you have a side hustle?
Choices
Poll Description

In the latest installment of our “Made in Maine” series, we visit the Gorham studio of textile designer Erin Flett, who has turned her after-hours basement side hustle into a well-known brand with a national wholesale network.

Nationwide, side hustlers started a record number of businesses during the pandemic. Today, a growing number of younger professionals are supplementing their income with a side job, as shown in a survey by Bankrate, the personal finance website. It found that 34% of Gen Zers (ages 18 to 28) have a side hustle, outpacing millennials (31%), Gen Xers (23%) and boomers (22%).

While some people can turn their side gigs into profitable businesses, others keep hustling their entire working lives –  or have neither the time nor the interest to do so.