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If approved, a proposed affordable housing development would be the third housing project currently in the works for Belfast. MaineHousing tax credits are critical to the new project. There simply are no apartments, said one city councilor.
Five finalists out of 150 applicants were selected to compete in Gorham Savings Bank's 2021 LaunchPad competition, which will take place on June 1.
Public 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.
L.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.
The 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.
The 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.
Lars 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."
Like 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.
Thanks 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.
The 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.
The 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
JPMorgan 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.
The 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.
Provident 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.
Nearly 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.
The 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
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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