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Economic Development
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Maine Bankers chief says current crisis is 'very different' from 2008
Updated: May 28, 2020In a Q&A with Mainebiz, the head of Maine Bankers Association also has an upbeat message for all the new college and business school grads hoping to start a career in the state's banking sector, saying, "We will be hiring."
Updated: May 28, 2020
Maine brewers urge state to tweak reopening timelines
May 27, 2020The nonprofit group representing Maine beer makers wants brewers with safe outdoor seating to be able to open June 1, a month ahead of the current schedule in the governor's phased reopening plan.
May 27, 2020
Loans, grants are available to keep Maine small businesses open
May 26, 2020A variety of grant and loan programs, both regional and statewide, are available to help small businesses that continue to be negatively affected by the COVID-19 pandemic.
May 26, 2020
'Adventure in Maine' campaign seeks to boost $3B outdoor recreation industry
May 25, 2020The campaign, launched by the nonprofit Maine Outdoor Brands alliance, encourages Mainers to adventure close to home this summer.
May 25, 2020Maine's unemployment rate skyrockets, though less than national rate
May 22, 2020Reflecting the brunt of the global health and economic crisis for the first time, Maine’s unemployment rate more than tripled in April to 10.6%, the state Department of Labor said Friday.
May 22, 2020
MCF awards $200K in Startup/Scale Up grants, from Millinocket to Portland
May 22, 2020Recipients in the latest funding round include Our Katahdin, to develop affordable incubator space in downtown Millinocket, and the New England Arab American Organization in Portland.
May 22, 2020
Higher ed notebook: UMaine System IT upgrades, community college freebie
Updated: May 20, 2020The University of Maine System is planning $2.56 million of IT upgrades in classrooms this summer, while the Maine Community College System will give graduating high school seniors a head start on college with an offer of free courses.
Updated: May 20, 2020
Dozens of Maine business owners urge Mills to continue quarantine
May 19, 2020After tourism advocates last week urged the governor to discontinue the requirement on travelers to the state, over 80 small business owners argue that lifting the quarantine would be disastrous to public health and to the economy.
May 19, 2020
Portland council OKs outdoor restaurant, retail plan
May 19, 2020The plan, approved in a virtual meeting Monday evening, would turn six downtown streets into pedestrian-only venues for outdoor dining and retail from June 1 to Nov. 1.
May 19, 2020With hometown bank's investment, downtown Machias will get broadband network
Updated: May 19, 2020Machias Savings Bank has partnered with Axiom, an internet service provider headquartered in Machias, to bring high-speed fiber Internet to the downtown there, including over 50 businesses and 30 homes.
Updated: May 19, 2020
Mainebiz hosts free webinar for businesses preparing to reopen
May 18, 2020Mainebiz will host a free two-part webinar for businesses, "What Does Open Look Like?" — and it kicks off Thursday morning. The first part of the virtual discussion will feature expert panelists from law firm Pierce Atwood, workers' comp insurer
May 18, 2020
Economic Recovery Committee will be bridge to rebuilding economy, members told
May 15, 2020Using the 10-year economic development plan unveiled in December, the 40-member committee that met for the first time Friday is charged with looking at solutions to help the state recover from the economic impact of the pandemic.
May 15, 2020
Higher ed notebook: $8.9M in emergency student aid, new workforce training options
May 11, 2020The University of Maine System plans to disburse $8.9 million in emergency aid to students whose studies have been disrupted during the pandemic, while Southern Maine Community College adds to its workforce training offerings.
May 11, 2020
Maine to receive $1.3M for brownfields cleanup at three sites
Updated: May 8, 2020Recipients in Androscoggin County, Millinocket and Portland will receive a total of $1.3 million to assess and clean up contaminated properties under the federal Brownfields Program.
Updated: May 8, 2020
Maine's pandemic rules rank as least restrictive in Northeast
May 7, 2020The national analysis compared each state and the District of Columbia on the basis of public health measures such as restaurant and bar closings, operating restrictions on nonessential businesses and other criteria.
May 7, 2020
Committee to look at easing long-term COVID-19 economic impact on Maine
May 7, 2020The 37-member committee, made up of representatives from across industry sectors in the state, is expected to have a preliminary report on how to mitigate the long-term economic effects of the pandemic by July 15, and a final report by Dec. 1.
May 7, 2020
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