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Economic Development
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Yarmouth chamber cancels this year's Clam Festival due to pandemic
April 13, 2020The popular summer festival, usually held on the third weekend of July, won't take place in 2020, as organizers worry about the potential spread of COVID-19.
April 13, 2020
Maine retail group chief worried about crisis-hit sector, welcomes new customer limits
Updated: April 13, 2020Curtis Picard, head of the Retail Association of Maine, outlines his concerns as he welcomes revised in-store gathering limits that took effect on Friday.
Updated: April 13, 2020Maine jobless claims hit another high, but funding for small business starts to flow
April 10, 2020The latest data show Mainers continue to apply for unemployment benefits in record numbers, but large numbers of Maine businesses also are starting to receive federal emergency relief.
April 10, 2020
MTI, FocusMaine to lead $2M roadmapping for state's marine industries
April 9, 2020The three-year strategic planning initiative will plot future opportunities and action needed to build out the Maine's marine industries and meet workforce development challenges.
April 9, 2020
DECD head says state plans 'thoughtful, aggressive' response to crisis
April 8, 2020At today's Eggs & Issues webinar, Heather Johnson, Maine's commissioner of economic and community development, told close to 700 people that the state will take a step-by-step approach to rolling back restrictions.
April 8, 2020
Maine nonprofits are in 'extremely tough spot' due to public health crisis
Updated: April 8, 2020The head of the Maine Association of Nonprofits talked with Mainebiz about her concerns regarding the sector's ability to weather a lengthy economic downturn.
Updated: April 8, 2020
Report projects more than 61,000 jobless in Maine by June
April 2, 2020A Maine Center for Economic Policy report projects Maine's jobless numbers will be more than triple of the Great Recession, when a high of 18,800 were unemployed, but also says that more direct aid to invididuals and businesses can help lower the
April 2, 2020
As coronavirus swamps Maine businesses, financial lifeboats are launched
Updated: April 6, 2020It was March 12, and the state had just announced Maine’s first COVID-19 case.
Updated: April 6, 2020SBA to have $349B payroll stimulus program up and running this week
April 1, 2020Treasury Secretary Steven Mnuchin expects the U.S. Small Business Administration program to be active by the end of the week, and may approve loans for businesses on the day they apply.
April 1, 2020
Portland extends stay-at-home order, Immigrant Welcome Center demands fairness
March 31, 2020Councilors extended the stay-at-home order, with amendments that include a temporary ban on short-term rentals during the pandemic. Meanwhile, a local immigrant advocacy group is calling for fairness in such emergency measures.
March 31, 2020
Communities urge state, feds to do more to help Maine small businesses
March 31, 2020The 10 towns in the Maine Development Foundation Main Street Maine program have a list of suggestions for Gov. Janet Mills and the state's congressional delegation that may help businesses stay afloat during the coronavirus crisis.
March 31, 2020Editorial: New government loan program for small business lends a hand, promises some forgiveness
Updated: March 30, 2020The editorial board of a Mainebiz sister publication speaks up in support of the $2 trillion economic stimulus package signed into law Friday, and urges businesses to carefully consider its potential.
Updated: March 30, 2020Maine weekly jobless claims surge past 20,000
March 26, 2020Unemployment claims in Maine shot up to 21,459 last week, from 634 initial claims the week before, as the coronavirus crisis takes its toll on a number of sectors.
March 26, 2020How the $2 trillion federal aid package will affect Maine businesses
March 25, 2020Business leaders in Maine expressed gratitude that the agreement was passed, but also concern if some businesses can weather the period before money would be received.
March 25, 2020
Ellsworth business group is named a Maine Downtown Affiliate
Updated: March 30, 2020After an extensive application process, Heart of Ellsworth joined 17 other community organizations from across the state in the Maine Downtown Center Affiliate Program.
Updated: March 30, 2020
Creative Portland seeks to raise $50K in emergency relief for local artists
Updated: March 25, 2020The goal of the Portland Artist Relief Fund is to disburse $500 stipends to 100 artists to help them make ends meet during the current public health crisis.
Updated: March 25, 2020
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