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Economic Development
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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
On the Record: Fintech entrepreneur Leslie Hyman aims to reinvent how rent is paid
Updated: January 10, 2022The co-founder and CEO of rent-payment provider Circa talks about the startup's business model, her experience in the Roux institute Techstars Accelerator program, and why she's moving her business to Maine.
Updated: January 10, 2022
South Portland animal-health startup gears up for international expansion
January 5, 2022Four years after it was founded, ElleVet Sciences launches a medicinal paste for stressed cats and opens an Amsterdam office for international expansion.
January 5, 2022
Gift from hotel group to help MDI housing trust build affordable homes
Updated: January 5, 2022The hotel group’s donation goes toward the trust’s $3.5 million campaign, which aims to complete a 10-home affordable housing neighborhood on Bar Harbor’s outskirts and to advance other programs.
Updated: January 5, 2022
20 Maine leaders offer New Year's resolutions for 2022
Updated: January 3, 2022Maine business leaders from across their state share their lofty goals for the new year.
Updated: January 3, 2022
Six affordable homes in Kennebunkport near completion, 19 more proposed
Updated: December 29, 2021Donated land, institution grants and governmental funding sources were key to the project. A housing trust formed in 2019 found support totaling nearly $400,000. Now the group is looking to raise $500,000 for more homes.
Updated: December 29, 2021
From Preble Street to planetary PR: 10 feel-good stories from 2021
Updated: December 29, 2021To close 2021, Mainebiz presents 10 of the most uplifting stories we reported over the year.
Updated: December 29, 2021
FAME honors businesses, lenders, individuals 'At Work for Maine'
December 22, 2021The Finance Authority of Maine's annual “At Work for Maine” awards, which recognize contributions of businesses and others to the state, were presented virtually for the second year.
December 22, 2021
Nonprofit buys Yarmouth boatyard to preserve working waterfront
December 22, 2021The sellers wanted to see it the yard remain as a working waterfront. The buyers plan to address infrastructure challenges and create a business incubator and marine business hub.
December 22, 2021
Maine loggers to get $12M in federal COVID relief
Updated: December 16, 2021Funding will come from the $200 million Pandemic Assistance to Timber Harvesters and Haulers Program, created by the Loggers Relief Act in 2020.
Updated: December 16, 2021
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