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Economic Development
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5 finalists named for $50,000 LaunchPad contest
Updated: May 10, 2021Five finalists out of 150 applicants were selected to compete in Gorham Savings Bank's 2021 LaunchPad competition, which will take place on June 1.
Updated: May 10, 2021
Lewiston may soon be looking for a 'loo,' and other cities are too
May 3, 2021Public restrooms are in short supply, especially during the pandemic, but the city of Lewiston has been dealing with the problem for several years. Now the City Council may consider a pilot project offering a solution.
May 3, 2021
L.L.Bean will add seven stores, return to 24/7 at Freeport flagship
April 30, 2021L.L.Bean plans to open three new stores in the U.S. and four new stores in Canada in 2021 as President and CEO Stephen Smith underscores the Freeport retailer's commitment to increase its bricks-and-mortar presence.
April 30, 2021
FAME approves $135M bond financing for Moosehead area ski resort
April 21, 2021The four-season resort north of Greenville would create 380 full- and part-time jobs once fully built out, and have a significant impact on the economy of Piscataquis County and the state, the finance authority said.
April 21, 2021
Seasonal small businesses could get federal relief under proposed bill
April 20, 2021The Seasonal Business PPP Parity Act aims to provide funds for seasonal businesses that applied in the early days of the federal Paycheck Protection Program but were unable to access further relief because their loans had already been forgiven.
April 20, 2021
Portland tech accelerator names former Google exec as managing director
Updated: April 20, 2021Lars Perkins, a former software entrepreneur who more recently has been angel investing and consulting for startups in California, described Portland as a city "on the cusp of greatness."
Updated: April 20, 2021
Almost heaven, West Virginia? Maine faces cash competition for out-of-state workers
April 19, 2021Like Maine, the state of West Virginia is trying to draw new residents and new workers by promoting its rural, wide-open spaces. But the Mountain State offers an incentive Maine doesn't — a $12,000 check.
April 19, 2021
UMaine panel: Self-driving vehicles could build on ‘live and work in Maine' trend
Updated: April 19, 2021Thanks to digital technology, the pandemic changed how people live, work and travel. As a time-saver, autonomous vehicles could have similar effects. “I think this has profound implications for settlement and work patterns in Maine,” said one expert.
Updated: April 19, 2021
Food services giant Sodexo says it will spend $1M in Maine this year
Updated: April 13, 2021The French food services and facilities management company, which employs 760 people in Maine, aims to get back on track to pre-pandemic spending levels statewide.
Updated: April 13, 2021
Biddeford awarded $1.2M to support Lincoln-Pearl mill district redevelopment
April 12, 2021The federal grant is for Pearl Street road improvements that are necessary for a 650-space city parking garage and adjacent private redevelopment, including the planned Pearl District on the former MERC site, and the Lincoln Mill and Riverdam
April 12, 2021
Chase to open Saco branch in former Krispy Kreme
April 9, 2021JPMorgan Chase & Co. (NYSE: JPM) will fill in a hole left by a former Krispy Kreme in Saco as it moves ahead with its retail banking rollout in southern Maine.
April 9, 2021
GMRI gets fed grant to help seafood businesses innovate
April 6, 2021The Gulf of Maine Research Institute has been awarded a federal grant of $749,856 to help bluetech startups and small seafood businesses recover from the pandemic.
April 6, 2021-
$135M bond issue for Moosehead ski area set for FAME public hearing
April 6, 2021Provident Group-Moosehead Lake L3C is applying for bonds to redevelop the ski area six miles north of Greenville into a year-round ski resort, with marina slips, housing and lodging.
April 6, 2021 
Remote working in Maine to stay for a while, survey shows
April 6, 2021Nearly eight in 10 Maine workers currently working from home intend to continuing doing so at least part-time even when pandemic restrictions are fully lifted, according to a survey released Tuesday by Live + Work in Maine.
April 6, 2021
Loan rangers: Behind the scenes of the Paycheck Protection Program in Maine
Updated: April 5, 2021The emergency loan program started last year with initial funding of $349 million, but in two weeks the money was gone. Businesses and banks had to scramble and get what they could. The PPP has been a lifesaver, but has also taught Mainers to learn
Updated: April 5, 2021
FocusMaine results report shows growth in targeted industries, even through pandemic
April 1, 2021During the pandemic, Maine’s food, beverage and aquaculture businesses developed innovative products and opened new sales channels, while the life sciences industry helped speed virus detection and vaccine development, according to a new report.
April 1, 2021
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