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Economic Development

  • Oxford casino location named

    The Mainebiz News Staff November 12, 2010

    A little more than a week after voters approved Black Bear Entertainment's proposal to build a casino in western Maine, the group has named a site on Pigeon Hill in Oxford as the casino's future home.

    The Mainebiz News Staff November 12, 2010
  • $3M to fund Brooksville mine cleanup

    The Mainebiz News Staff November 12, 2010

    The cleanup of the former Callahan Mine site in Brooksville has received an up to $3 million boost from the U.S. Environmental Protection Agency.

    The Mainebiz News Staff November 12, 2010
  • Casino opponents ask for recount

    The Mainebiz News Staff November 10, 2010

    Anti-casino group Oxford Hills No on One is seeking a recount of the Nov. 2 ballot votes that approved a four-season resort and casino in Oxford County.

    The Mainebiz News Staff November 10, 2010
  • Casino approval could face challenge

    The Mainebiz News Staff November 4, 2010

    Political action committee Casinos No! is considering asking for a recount or legally challenging Tuesday's narrow approval of a casino in Oxford County.

    The Mainebiz News Staff November 4, 2010
  • Decision on Oxford casino pending

    The Mainebiz News Staff November 3, 2010

    Voters statewide were narrowly split on a four-season resort casino in Oxford County, leaving the final decision in question this morning, while voters in Biddeford showed support for a racino in their community.

    The Mainebiz News Staff November 3, 2010
  • Casino backers trounce rivals in spending

    Mainebiz News Staff November 2, 2010

    Backers of the casino proposal in Oxford County that voters will decide on in today's election have outspent their rivals by 5 to 1.

    Mainebiz News Staff November 2, 2010
  • Small money | A private sector pullback leaves room for feds to fill a seed capital void

    Michael Gurau November 1, 2010

    The Obama administration is doing its best to put its money where its mouth is in terms of funding innovation, whether it’s increasing R&D budgets for key federal science agencies, creating the new Advanced Research Projects Agency for clean e

    Michael Gurau November 1, 2010
  • Taking stock | Economist says uncertainty impeding growth

    Carol Coultas November 1, 2010

    As president of the National Association for Business Economics, Lynn Reaser rubs elbows with plenty of notables in the U.S. Treasury Department and The Federal Reserve.

    Carol Coultas November 1, 2010
  • Impact of Forbes list fuels debate

    November 1, 2010

    On Oct. 13, Forbes magazine released its annual “Best States for Business” list, which ranks the 50 states on various economic indicators and business-related factors, including regulatory environment and business costs.

    November 1, 2010
  • Listen up | What a surly employee can teach managers about better communication

    November 1, 2010

    “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.

    November 1, 2010
  • Mallinckrodt to buy HoltaChem land

    The Mainebiz News Staff October 27, 2010

    The town of Orrington has signed an agreement with St. Louis-based Mallinckrodt Inc. that requires the company to buy contaminated areas of the former HoltraChem site in order to facilitate cleanup.

    The Mainebiz News Staff October 27, 2010
  • Retail sales slide in August

    The Mainebiz News Staff October 20, 2010

    After months of increases, retail sales in August inched down 1% compared with August 2009, though year-to-date sales are still nearly 3% higher than last year.

    The Mainebiz News Staff October 20, 2010
  • NY firm scoops up PolicyOne

    Whit Richardson October 19, 2010

    A New York firm is buying PolicyOne Research of Scarborough, author of several high-profile economic development and impact studies in Maine over the past eight years.

    Whit Richardson October 19, 2010
  • Portland, Caribou net growth grants

    The Mainebiz News Staff October 19, 2010

    Portland and Caribou are receiving a total of $2.4 million in federal grants to develop community-integrated urban growth plans.

    The Mainebiz News Staff October 19, 2010
  • ME dead last on Forbes best for biz list

    The Mainebiz News Staff October 18, 2010

    Maine has dropped to dead last in the latest Forbes magazine ranking of "Best States for Business."

    The Mainebiz News Staff October 18, 2010
  • Gardiner firm appeals lottery contract loss

    The Mainebiz News Staff October 15, 2010

    A company in Gardiner is appealing the state gambling bureau's decision to award its lottery system contract to a foreign competitor.

    The Mainebiz News Staff October 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.