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Economic Development

  • Panel OKs extending preservation tax credits

    The Mainebiz News Staff June 23, 2011

    The state's appropriations committee has approved extending the Historic Preservation Tax Credit by 10 years, which supporters say will help create jobs and economic growth in the state.

    The Mainebiz News Staff June 23, 2011
  • Midcoast chambers approve merger

    The Mainebiz News Staff June 23, 2011

    Members of the Camden-Rockport-Lincolnville and Penobscot Bay chambers of commerce recently voted in favor of merging the two organizations.

    The Mainebiz News Staff June 23, 2011
  • EMDC cuts seven positions

    The Mainebiz News Staff June 23, 2011

    Bangor-based Eastern Maine Development Corp. has cut seven staff positions, citing reduced resources and fewer contracts.

    The Mainebiz News Staff June 23, 2011
  • Report: Maine No. 1 in tech infrastructure

    The Mainebiz News Staff June 22, 2011

    Maine leads the nation for technology infrastructure, thanks in part to the $32 million Three Ring Binder broadband expansion project, a recent U.S. Chamber of Commerce report says.

    The Mainebiz News Staff June 22, 2011
  • AG rejects review of casino permit process

    The Mainebiz News Staff June 21, 2011

    Maine's attorney general has declined a request by the Androscoggin River Alliance to investigate whether the Oxford County casino received preferential treatment from state environmental regulators.

    The Mainebiz News Staff June 21, 2011
  • Portland OKs tax break for Red Claws center

    The Mainebiz News Staff June 20, 2011

    The two Maine Red Claws executives behind a proposed convention and event center at Thompson's Point in Portland have received approval for a $31 million tax break from the city.

    The Mainebiz News Staff June 20, 2011
  • Cianbro picked to build $65M Bangor arena

    Mainebiz News Staff June 16, 2011

    Bangor's city council has tapped Cianbro Corp. to build the new Bangor arena and convention center in Bass Park, an estimated $65 million project.

    Mainebiz News Staff June 16, 2011
  • New state economist selected

    Mainebiz News Staff June 15, 2011

    A Union woman has been selected by Darryl Brown, director of the Maine State Planning Office, as the new state economist.

    Mainebiz News Staff June 15, 2011
  • Senate splits vote on gambling proposals

    The Mainebiz News Staff June 9, 2011

    The Maine Senate cast split votes across party lines on two gambling bills Thursday, favoring one to allow racinos in Biddeford and Washington County and opposing another to allow a casino in Lewiston.

    The Mainebiz News Staff June 9, 2011
  • Hussey Seating acquires Ill. firm

    The Mainebiz News Staff June 9, 2011

    A North Berwick seating company has acquired an Illinois company that it says will help it grow beyond its core markets.

    The Mainebiz News Staff June 9, 2011
  • House OKs table games at Hollywood Slots

    The Mainebiz News Staff June 8, 2011

    Hollywood Slots' bid to add table games to its facility won initial House support yesterday, and now heads to the Senate for debate.

    The Mainebiz News Staff June 8, 2011
  • House OKs two gambling bills

    The Mainebiz News Staff June 6, 2011

    Two bills that would pave the way for three new gambling facilities in Maine received House support Monday.

    The Mainebiz News Staff June 6, 2011
  • Ceremony marks BNAS decommissioning

    The Mainebiz News Staff May 31, 2011

    After 68 years as a military installation, the Brunswick Naval Air Station has been decommissioned.

    The Mainebiz News Staff May 31, 2011
  • Architects urge developers to consider rising sea levels

    May 30, 2011

    A three-and-a-half-foot rise in the sea level here would, if propelled by a storm surge, swamp large portions of Commercial Street and the Marginal Way-Bayside area, a prominent focus of recent redevelopment efforts.

    May 30, 2011
  • Firm eyes land in Portland's Bayside

    The Mainebiz News Staff May 25, 2011

    The buyer of a struggling student housing complex in Portland is looking to buy a nearby parcel of land for $2 million and build a mixed-use development.

    The Mainebiz News Staff May 25, 2011
  • DECD head, MTA board member nominated

    The Mainebiz News Staff May 24, 2011

    Gov. Paul LePage has nominated George Gervais as commissioner of the Department of Economic and Community Development, replacing Philip Congdon, who stepped down amid controversy last month.

    The Mainebiz News Staff May 24, 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.