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Economic Development

  • Casino triggers Poland resort expansion

    The Mainebiz News Staff January 12, 2011

    The Poland Spring Resort is planning a $100,000 renovation and expansion into a year-round facility, an investment triggered by the recent approval of a casino in Oxford.

    The Mainebiz News Staff January 12, 2011
  • ME nets $30M in housing tax credits

    The Mainebiz News Staff January 11, 2011

    Nearly $30 million in federal tax credits will fund the construction of 184 affordable housing units in six cities across the state.

    The Mainebiz News Staff January 11, 2011
  • LePage names three Cabinet nominees

    The Mainebiz News Staff January 10, 2011

    Gov. Paul LePage has nominated three more people, including the founder of a land planning company leading the development of the Oxford County casino, to Cabinet positions.

    The Mainebiz News Staff January 10, 2011
  • 5 on the future | Five economists foretell what's in store for 2011

    January 10, 2011

    It's been real, 2010, but a new year and a new decade bring hope for a fresh financial start. To let us in on what we can expect in 2011, Mainebiz brings together five economic experts as part of our annual attempt to peer into the future.

    January 10, 2011
  • Colgan: Job rebound to take three years

    The Mainebiz News Staff January 6, 2011

    It will likely take two or three years for Maine's employment numbers to rebound to pre-recession levels, University of Southern Maine economist Charles Colgan predicted yesterday during his annual economic forecast.

    The Mainebiz News Staff January 6, 2011
  • Signatures collected for Lewiston casino

    The Mainebiz News Staff January 3, 2011

    The group proposing a casino in Lewiston has gathered enough signatures to put the plan to voters on the November 2011 ballot.

    The Mainebiz News Staff January 3, 2011
  • 2010: In Recovery? | Give it to us straight, Doc. How hard did the year hit us?

    The Mainebiz News Staff December 27, 2010

    The panic attacks of the 2008 financial meldown eased into eleveated blood pressure as the markets struggled for aire in 2009. What remained? A persistent headache over the performance of the 2010 economic recovery and mounting anxiety over 2011.

    The Mainebiz News Staff December 27, 2010
  • State revenues on par for November

    The Mainebiz News Staff December 22, 2010

    Last month's revenues came in on target with new state budget projections, and economists expect a recent federal tax package to spur growth.

    The Mainebiz News Staff December 22, 2010
  • Portland allows new waterfront uses

    The Mainebiz News Staff December 22, 2010

    Waterfront zoning changes in Portland will allow more non-marine businesses to locate on the city's major piers and wharves, a move property owners say will bring in more revenue.

    The Mainebiz News Staff December 22, 2010
  • Lawmakers pass committee merger

    The Mainebiz News Staff December 20, 2010

    Following a compromise reached by the Rules Committee, the state Legislature Friday voted to merge the labor committee with the Business, Research and Economic Development Committee.

    The Mainebiz News Staff December 20, 2010
  • Report: Universities key to economic growth

    The Mainebiz News Staff December 16, 2010

    The state's university system must do more to match educational offerings with the state's work force needs, according to a new joint report from the Maine Development Foundation and the Maine State Chamber of Commerce.

    The Mainebiz News Staff December 16, 2010
  • D.C. economist to foretell deficit's effect on Maine

    December 14, 2010

    Michael Ettlinger, a Washington, D.C.-based economist, will be speaking tonight at the University of Southern Maine's Muskie School of Public Service to give people a clearer view of how Washington policy-making could shape national and state econ

    December 14, 2010
  • Casino upheld in vote recount

    The Mainebiz News Staff December 14, 2010

    Opponents of a planned casino in Oxford County have conceded defeat in the recount of the statewide referendum.

    The Mainebiz News Staff December 14, 2010
  • Top Gun graduates make their case for capital

    November 23, 2010

    Their business ideas ranged from selling spelt flour bagels to making tidal turbines that are safer for fish.

    November 23, 2010
  • $1.5M needed for casino oversight

    The Mainebiz News Staff November 18, 2010

    The state must spend $1.5 million to expand its oversight system to regulate a recently approved casino in western Maine.

    The Mainebiz News Staff November 18, 2010
  • Educating employees | An innovative, countywide program gives business a leg up

    Jan Phillips November 15, 2010

    Chair, College for ME-Androscoggin and associate dean for community relations and LearningWorks at University of Southern Maine Lewiston Auburn College

    Jan Phillips November 15, 2010

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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.