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Economic Development
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Maine Development Foundation receives $750K to revitalize historic downtowns
September 15, 2021The money will be used for historic revitalization, preservation and other upgrades of historic downtown buildings. It’s expected to spur private sector investment that in turn will increase the value and use of historically significant properties.
September 15, 2021
SaviLinx seeks hundreds of seasonal workers for new federal contract
September 14, 2021The Brunswick-based company is seeking seasonal workers in Maine and Mississippi in relation to the new contract, which entails helping military members and their families enroll in health insurance during open enrollment season.
September 14, 2021
Portland seeks vendors to help electrification efforts
September 14, 2021The city of Portland has issued a request for proposals seeking energy efficiency providers and solar partners to supply residents and businesses with solar panels at home heating costs at significantly reduced costs.
September 14, 2021
Roux Institute kicks off Techstars Accelerator with 10 startups
September 13, 2021Participants in the 13-week program hail from as close as Harpswell and as far afield as the country of Chile.
September 13, 2021
Maine to get $128M in fed relief to expand broadband
Updated: September 7, 2021"This federal broadband funding will be game changing for rural Maine, and will bring globally competitive broadband to tens of thousands of Mainers," Tilson CEO Joshua Broder told Mainebiz.
Updated: September 7, 2021
$593K in federal grants will support businesses and jobs across rural Maine
September 2, 2021A meat processing facility, assistance for indigenous business owners and replacement of outdated trail-grooming equipment are among the projects receiving grants, which are expected to create or save over 100 jobs in rural Maine.
September 2, 2021
Waterville façade improvement grants awarded to 15 downtown businesses
September 2, 2021New awnings, signage, brick repointing and removal of outdated alterations are on tap for exterior improvements, thanks to a grant program expected to stimulate over $150,000 in investment. The programs supports the city’s overall revitalization.
September 2, 2021
Portland B&M plant to go from beans to 'brains' as Roux Institute campus
August 31, 2021The B&M bean factory building and 13.5-acre waterfront building will become the campus of Northeastern University's Roux Institute under an agreement announced Monday by the seller, B&G Foods Inc.
August 31, 2021
$125M Scarborough business park at capacity years ahead of schedule
Updated: August 31, 2021The Innovation District subdivision is now full and valued at $125 million after IDEXX Laboratories Inc. snags the last available lot on the property, part of the mixed-used development at the Downs.
Updated: August 31, 2021
WEX to buy back shares for four more years
August 27, 2021Under the renewed repurchase program approved by the company's board of directors this week, WEX may repurchase up to $150 million worth of common stock between now and Sept. 30, 2025.
August 27, 2021
Husson marks new chapter with state-of-the-art College of Business building
Updated: August 27, 2021Husson University on Thursday officially inaugurated the new Harold Alfond Hall, its new College of Business building in Bangor. The building features virtual-reality learning facilities that are unique to New England, the school says.
Updated: August 27, 2021
In 'design' of the times, Maine College of Art unveils name change, possible expansion
Updated: August 24, 2021Founded in 1882 as the Portland School of Art, the institution will now call itself Maine College of Art & Design as it proceeds with plans to expand its physical footprint in Maine's largest city.
Updated: August 24, 2021
Northern Maine heats up with a forward-looking economic development plan
Updated: August 23, 2021Northern Maine’s economic viability has always had a vulnerable side. The Eastern Maine Development Corp.’s new plan for Penobscot, Piscataquis, Hancock, and Waldo counties has taken on added importance.
Updated: August 23, 2021
New president at Island Institute brings experience in fisheries and coastal sustainability
August 16, 2021The nonprofit's new president, its third since beginning in 1983, will focus on work that includes climate action, Maine's coastal economy and investments in community infrastructure.
August 16, 202112 Maine towns and organizations awarded $5M for economic development
August 11, 2021A new round of grants from the Northern Border Regional Commission will fund improvements from Augusta to Machias to Limestone.
August 11, 2021
Hybrid format, same goals for 2021 Maine Hire-A-Vet campaign
August 9, 2021The 2021 campaign, set to kick off later this month, will feature a mix of in-person and virtual events. During last year's all-virtual version, 226 employers participated and 145 veterans and military family members were hired.
August 9, 2021
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