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Economic Development
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UMaine System trustees OK budget as shared accreditation becomes official
Updated: June 29, 2020By a vote of 13-1, the University of Maine System board of trustees conditionally approved a fiscal year 2021 budget that does not include any COVID-19 related tuition or fee increases.
Updated: June 29, 2020
Businesses in popular tourist destination strategize to survive Bar Harbor bust
Updated: June 29, 2020In Bar Harbor, much of the economy is driven by visits to nearby Acadia National Park, cruise ship calls and other tourism. But with this season wiped out by the coronavirus crisis, some businesses are wondering if they'll survive to see the next
Updated: June 29, 2020
Portland waterfront development heats up as freezer warehouse plan progresses
June 19, 2020Plans for a freezer warehouse head to a Planning Board workshop next week, as the Roux Institute of Northeastern University partners with WEX on office space.
June 19, 2020Portland's Hadlock Field, Harvard Pilgrim tee up for golf in the ballpark
June 19, 2020For four days in July, golfers will be able to practice their swings in a temporary course at Portland's Hadlock Field, providing another revenue stream for the home of the Sea Dogs while baseball remains quiet.
June 19, 2020
Kennebec Savings to merge with smaller Kennebec Federal Savings
June 18, 2020The combined entity will have about $1.25 billion in assets and employ 165 people in a merger that's expected to be completed in the fourth quarter of 2020.
June 18, 2020
Gorham textile designer wins 'Greenlight Maine' $100K prize
Updated: June 15, 2020In the final round of the Maine business-pitch television series, Erin Flett competed against Chad and Nicole Humphrey of Humphrey's BBQ and Heather Desjardins of technology startup iTell Alert.
Updated: June 15, 2020
Nominate a Mainebiz Woman to Watch by June 30
Updated: June 12, 2020This year perhaps more than ever, Mainebiz needs your help in finding inspirational leaders from the private and nonprofit sectors to honor.
Updated: June 12, 2020
'Go ahead and do it': Business trailblazers talk leadership in Mainebiz forum
Updated: June 11, 2020Five women business leaders from throughout Maine shared their thoughts on leadership principles, from leading by example to inspiring a shared vision, in Wednesday's forum. It drew nearly 600 registrants.
Updated: June 11, 2020
Ashland area launches economic development corp. to foster job growth
June 10, 2020The nonprofit will work to expand jobs, recreation and economic opportunities for the region, and is led by seven business and civic leaders with longstanding ties to the Aroostook County town.
June 10, 2020
Portland on-street business program grows as city mulls enhancements
June 10, 2020The city published a list of participating restaurants and retail establishments, as it looks at options to enhance the program and help businesses draw customers to the closed-off streets.
June 10, 2020
New Portland Downtown chief aims for vitality in uncertain times
June 5, 2020Cary Tyson, new executive director of the nonprofit downtown improvement district, brings experience in downtown revitalization, public service, community development and partnership building.
June 5, 2020
Husson University breaks ground on College of Business building
June 3, 2020The new building, set to be completed in fall 2021, will feature 42,500 square feet of experiential classrooms and offices, learning spaces devoted to augmented and virtual reality and a large space that can be used for mock trials.
June 3, 2020
Insider Notebook: Navatek's Commercial Street lease first step in Portland marine complex
Updated: June 3, 2020The lease is the first in a three-phase property plan for the marine engineering firm, which last year was awarded an $8 million Navy contract, and a key piece of an expanded tech working waterfront at the site; also, nominations open for Smart
Updated: June 3, 2020
Despite pandemic, Saddleback resort relaunch remains on track
Updated: June 1, 2020Major upgrades to Saddleback Mountain, the ski resort in Rangeley, remain on track despite the pandemic. A Saddleback-led group is focusing on workforce attraction and finding ways to support local communities.
Updated: June 1, 2020
Mainers push for SBDC update, to boost COVID-19 small business survival
May 29, 2020U.S. Rep. Jared Golden's bill to reauthorize Small Business Development Centers, adding more money and functions, is stalled in the Senate. He and program officials say the legislation is more important as small businesses struggle to stay afloat.
May 29, 2020
Small-biz relief program on track for 'mid-course correction,' King says
Updated: May 29, 2020The Paycheck Protection Flexibility Act, co-sponsored by U.S. Sen. Angus King, R-Maine, passed in the U.S. House of Representatives on Thursday and heads next to the Senate. He talked with Mainebiz on Thursday.
Updated: May 29, 2020
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