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Economic Development
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Feeding frenzy: Mirroring national comeback, franchises are growing at a fast clip in Maine
Updated: February 7, 2022Franchises in Maine, from eateries to fitness clubs. are a growing part of the business and real estate landscape.
Updated: February 7, 2022
The ‘last 20 miles’: Real estate boom, new demands threaten Maine’s working waterfront
Updated: February 7, 2022Some critics see commercial development as the biggest danger to Maine's working waterfronts. Some critics see climate change that way. Other people are trying to find a middle ground.
Updated: February 7, 2022GWI teams with Arctaris, FAME to bring fiber broadband to 5 Maine communities
February 1, 2022The network will cover all premises in Millinocket, East Millinocket and Medway, and significant portions of South Portland and Belfast.
February 1, 2022
New financing help from FAME will support improvements at Saddleback
January 27, 2022Total state commitment to the Saddleback project now totals $6.5 million. The ski resort is seen as an economic development driver for the Rangeley region.
January 27, 2022
Report: $15M investment needed to bolster Maine aquaculture over next decade
January 26, 2022Maine's aquaculture industry is becoming a driver of coastal economies, and a new plan details growth opportunities to continue that momentum.
January 26, 2022
Maine will channel $12M to help businesses expand apprenticeships
Updated: January 26, 2022Backed by $11 million in federal funding from the Maine Jobs & Recovery Plan and additional funding from the U.S Department of Labor, the apprenticeship program is part of a larger effort to address workforce challenges.
Updated: January 26, 2022
Maine among priciest states to retire, study says
Updated: January 26, 2022A report released by financial website WalletHub puts Maine at No. 27 overall but near the bottom in terms of affordability.
Updated: January 26, 2022
Camden revisits maker-space proposal for defunct tannery site
Updated: January 25, 2022The Select Board aims to have a warrant article ready in time for June’s town meeting. The board last year requested a housing component but recently dropped it.
Updated: January 25, 2022
MEREDA 2022: Maine House speaker urges action on statewide affordable housing 'crisis'
Updated: January 21, 2022The keynote speaker at the annual real estate conference told attendees that Maine's statewide housing crunch cannot be solved by lawmakers alone.
Updated: January 21, 2022
SoPo’s mojo: Retail development takes off in South Portland
Updated: January 24, 2022Retail development is booming in the state's fourth-largest city, from walkable waterfront neighborhoods to the sprawling shopping plazas of the Maine Mall area.
Updated: January 24, 2022
Bullish on Sanford: Former mill town diversifies with a range of industries
Updated: January 24, 2022Businesses in this York County city now include high-tech manufacturers for biotechnology and life sciences, precision manufacturers, and service providers in health care, information technology and engineered materials.
Updated: January 24, 2022
MEREDA 2022: Maine real estate forecasters take center stage at Portland event
Updated: January 20, 2022The 2022 edition of the annual event is taking place all day Thursday at the Cross Insurance Arena and online.
Updated: January 20, 2022
Top Gun names 24 Maine startups for 2022 accelerator program
Updated: January 19, 2022Participants represent a variety of sectors, from snowmobile technology to salt farming, and come from four regions of the state.
Updated: January 19, 2022
10 Maine ag businesses to share $2M in USDA grants
January 13, 2022A total of $2,027,149 in funding has been awarded to 10 Maine agribusinesses and farms through the U.S. Department of Agriculture's Value-Added Producer Grant Program.
January 13, 2022
Small arts projects in Maine the focus of $150,000 in fed funding
January 11, 2022Nine Maine creative economy endeavors by organizations from Portland Stage Co. Inc. to the Watershed Center for Ceramic Arts in Newcastle have been awarded $150,000 in federal funding.
January 11, 2022
Roux Institute picks 5 startups for residency program
January 7, 2022All five companies selected for the 2022 program have BIPOC or female founders, the Roux Institute announced on Monday.
January 7, 2022
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