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Economic Development

  • Mainers gloomy on economy

    Mainebiz News Staff August 9, 2011

    Maine consumers are holding off on major purchases amid ongoing anxiety over the national economy, a new survey has found.

    Mainebiz News Staff August 9, 2011

  • A loose network of central Maine colleges sparks enthusiasm for startups

    Douglas Rooks August 8, 2011

    At a time when jobs are scarcer than they've been in generations, states must look to grow their economies from within.

    Douglas Rooks August 8, 2011

  • Tuned in | Deb Neuman moves from radio host to DECD deputy commissioner

    August 8, 2011

    The qualities that make Deb Neuman a successful radio-show host — her garrulousness, positivity and sensitivity to her audience of small-business owners — have come into play in her role heading up a new business-oriented division within the state

    August 8, 2011

  • Discounts and waivers offered to spur work force development

    August 8, 2011

    More than 100 companies that participate in a Maine Development Foundation program are getting extra incentives to encourage their employees to seek higher education.

    August 8, 2011

  • Engaging business, adult ed and colleges to upgrade Maine's work force

    Connie Zhu August 8, 2011

    The United States has one of the world's most advanced higher education systems, attracting droves of foreign students here to earn a coveted degree despite language and cultural barriers.

    Connie Zhu August 8, 2011

  • Educators prepare northern Maine to harness the economic impact of the World Acadian Congress

    Jason Parent August 8, 2011

    President, Maine delegation organizing the 2014 World Acadian Congress and director of communications, Northern Maine Community College, Presque Isle

    Jason Parent August 8, 2011

  • Border commission to award $1.25M

    The Mainebiz News Staff July 28, 2011

    The Northern Border Regional Commission plans to dole out $1.25 million for economic development in the border regions of Maine, New Hampshire, Vermont and New York.

    The Mainebiz News Staff July 28, 2011

  • Budgeting benefits | Laying out revenues and expenses will help you sleep better and make more money

    Alison Hinson July 25, 2011

    “You need to create an annual budget for your business.” You’ve heard this advice over and over again, but you still don’t have a budget because: You don’t really know how a budget will help your business

    Alison Hinson July 25, 2011

  • Island Institute launches $2M fund

    The Mainebiz News Staff July 24, 2011

    Rockland-based nonprofit Island Institute has launched a $2 million economic development fund to help island and coastal entrepreneurs.

    The Mainebiz News Staff July 24, 2011

  • Suit targets pot dispensary exec

    Mainebiz News Staff July 13, 2011

    A California medical marijuana dispensary operation that financed an Augusta-based medical marijuana company is suing the executive director of the Maine operation.

    Mainebiz News Staff July 13, 2011

  • Neuman assumes new post

    Mainebiz News Staff July 13, 2011

    Gov. Paul LePage appointed a well-known small business advocate to a position within the Department of Economic and Community Development, charging her with streamlining and consolidating regulations for business.

    Mainebiz News Staff July 13, 2011

  • BEP: Casino work can resume

    The Mainebiz News Staff July 7, 2011

    A state environmental board has given Black Bear Entertainment the go-ahead to resume work at the site of its Oxford County casino resort after the developers proved they have the financial capacity to build the project.

    The Mainebiz News Staff July 7, 2011

  • Developer, architects plan plaza upgrade

    July 4, 2011

    Architect Patrick Costin calls the courtyard under his eighth-floor office in One Canal Plaza a failed plaza.

    July 4, 2011

  • Development orgs. net $1M

    The Mainebiz News Staff June 30, 2011

    Three Maine organizations are receiving a total of $955,210 in federal funds to help revitalize rural communities and businesses.

    The Mainebiz News Staff June 30, 2011

  • LePage to lead S. America trade mission

    The Mainebiz News Staff June 29, 2011

    Gov. Paul LePage will lead a trade mission to Chile and Brazil in November.

    The Mainebiz News Staff June 29, 2011

  • Racinos' fate rests with voters

    The Mainebiz News Staff June 28, 2011

    The Senate yesterday voted against a bill authorizing racinos in Biddeford and Calais, a move that sends the measure to a statewide vote in November.

    The Mainebiz News Staff June 28, 2011

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Today's Poll

Do you have a side hustle?
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. 

More Information