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Economic Development
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Coastal Enterprises distributed $43M to mostly Maine businesses
December 14, 2022CEI partnered with 91 businesses to increase job quality. Goals include supporting the creation of good jobs and expanding diverse business ownership.
December 14, 2022$528K in fed funds to support small businesses in rural Maine
December 13, 2022Eastern Maine Development Corp. will receive $500,000, Sunrise County Economic Council will receive $15,679 and the Androscoggin Valley Council of Governments will get $12,884 for training, technical help and loan assistance in eight Maine counties.
December 13, 2022
Presque Isle hotel reopens after $7M investment
December 9, 2022The innovation center will provide new business, co-working and business development opportunities. A restaurant within the circa-1930 hotel has also received a refresh.
December 9, 2022
Widgets, workers and wages: Maine manufacturers get more strategic about recruiting
Updated: December 12, 2022From small businesses like Franklin Printing to larger players such as Puritan Medical Products and Bath Iron Works, Maine manufacturers are getting more strategic about recruiting and hiring as many of their older employees retire.
Updated: December 12, 2022
Governor says relief is coming in response to high home heating costs
November 29, 2022Mills said her administration is working on a plan in response to a 70% increase in the average price of heating fuel in Maine over the past year.
November 29, 2022
Bethel’s vision for trail progresses with $930K deal for woodlands
November 22, 2022The acquisition of 532 acres boosts a longstanding community vision for a trail system that will connect Sunday River through Bethel to Mt. Abram.
November 22, 2022
'Boomerang' events to fete Maine returnees and lifers
Updated: November 14, 2022Live + Work in Maine will host events in Orono and Portland on Nov. 22 to celebrate everyone who lives and works in Maine.
Updated: November 14, 2022
After two-year break, Bangor Chamber will resume in-person annual breakfast in January
November 11, 2022The event is a chance for attendees to meet the Chamber staff and board of directors. Keynote speaker will be Maj. Gen. Douglas Farnham, adjutant general for the Maine National Guard.
November 11, 2022
On the Record: Angelynne Amores sets out to translate Lewiston’s ‘vibe’ into compelling narrative
November 8, 2022Lewiston's new director of marketing and communications talks to Mainebiz about the challenges and opportunities ahead.
November 8, 2022
Here’s a roundup of recent real estate and development news in Maine
Updated: October 25, 2022Works in progress include the Longfellow Hotel & Spa in Portland, a hotel proposal in Wells, a Market Basket planned for Topsham, dedication of a Thomas College athletic field and how the lack of loggers is affecting lumber supplies.
Updated: October 25, 2022
Bar Harbor survey looks to get a handle on how much housing is needed
Updated: October 25, 2022It's estimated that 70% of the jobs in Bar Harbor are filled by employees who commute from other towns.
Updated: October 25, 2022Maine unemployment rate rises to 3.3% in September
October 21, 2022The state's unemployment rate is up from 3.1% in August, the Maine Department of Labor reported.
October 21, 2022
$5M in grants available to help Maine tech startups expand
Updated: October 21, 2022The funding represents the second round of grants from the Pandemic Recovery for an Innovative Maine Economy, or PRIME Fund, administered by the Maine Technology Institute.
Updated: October 21, 2022
Bar Harbor reviews possible strategies to address housing crunch
October 18, 2022Several roadblocks stand in the way of affordable housing, among them what some characterize as a "contentious" review process, along with a scarcity of available land and underdeveloped infrastructure.
October 18, 2022
Boston fed reserve chief predicts U.S. slowdown won't be severe, touts Maine's diverse economy
Updated: October 18, 2022Susan M. Collins, president and CEO of the Federal Reserve Bank of Boston since July, spoke to Mainebiz after her first visit to Maine to meet with political, business and nonprofit leaders.
Updated: October 18, 2022
Despite recovery, there are still weaknesses in the economy
October 13, 2022Economic gains have been undermined by the highest inflation rates in four decades, according to a new report from the Maine Center for Economic Policy.
October 13, 2022
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