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Economic Development
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20 on '20: In central Maine, a bank CEO is bullish on economic growth
Updated: January 13, 2020Andrew Silsby, CEO of Augusta-based Kennebec Savings Bank, has high hopes for U.S. economic growth — and central Maine’s economy — in 2020.
Updated: January 13, 2020
20 on ’20: Maine leaders weigh in on what’s ahead for the state's economy this year
Updated: January 13, 2020In our annual forecast, Mainebiz asks a range of experts where the economy is headed. A year ago, many were expecting a recession. For 2020, there's no clear consensus.
Updated: January 13, 2020
Boston Fed's Fuhrer says U.S. economy 'OK' for now
Updated: January 7, 2020The U.S. economy is fundamentally strong for now, with growth expected to average 2.5% in the first half of this year and then closer to 2% after that, the Fed economist said at the Mainebiz "Five on the Future" event.
Updated: January 7, 2020
Boots2Roots tweaks leadership to 'move mission forward for Maine'
Updated: January 9, 2020Bill Benson, an Army veteran and former business owner who joined Boots2Roots as program director and the group's first paid employee in June, has taken the reins as executive director.
Updated: January 9, 2020
Wealth management experts offer 2020 economic and market outlook
Updated: January 3, 2020Mainebiz got the lowdown on the high points of the year ahead, and everything else too, from four Maine-based economic authorities.
Updated: January 3, 2020
2020 visions: Maine business and nonprofit leaders share their New Year’s resolutions
Updated: January 2, 2020To start 2020, Mainebiz asked business and nonprofit movers and shakers from around the state to share their New Year's business resolutions. It looks like a busy year ahead for these leaders.
Updated: January 2, 2020Kittery, shipyard seek public input on area's economic development
December 31, 2019A year-long effort to develop strategies to deal with traffic congestion, create affordable housing and spur economic development will be the focus of an open house next week.
December 31, 2019
Busy year of Mainebiz events ahead, across the state
Updated: December 31, 2019The 2020 roster of discussions, celebrations and networking events organized by Mainebiz gets started next week with a panel conversation about the state's economic future.
Updated: December 31, 2019Maine unemployment tax rate to hold steady in 2020
December 24, 2019Maine's unemployment insurance tax rate will stay unchanged in 2020, at the lowest permissible level, although there may be some variance in specific rates for employers.
December 24, 2019
Collaboration is key for Maine's 10-year economic plan, Johnson says
Updated: December 17, 2019The Maine economic strategic plan unveiled last week is designed to grow and evolve, with input from private, public, business, education, and other sectors, the state says.
Updated: December 17, 2019
Waterville incubator will expand with state coworking development money
December 13, 2019Bricks Coworking & Innnovation Space and its Jumpstart program will use grant money from the state's Coworking Development Fund to expand services for young entrepreneurs looking to get a business off the ground.
December 13, 2019
Downtown Gardiner developing into a destination
December 11, 2019Two brew pubs and a coffee shop are just the latest businesses that have recently opened or are about to open in the Kennebec River city, as it aims to become a destination spot.
December 11, 2019
Mills takes aim at 'lackluster' economic growth with 10-year plan
December 11, 2019Gov. Janet Mills unveiled a strategic plan that calls for collaboration among the public and private sectors to boost the state's gross domestic product, talent pool, productivity and wages over 10 years.
December 11, 2019
GrowSmart Maine named to fill State Rural Development Council gap
Updated: December 10, 2019Maine hasn't had a statewide organization to focus on rural development since 2016, and the new focus will help strengthen work at both the local and regional levels.
Updated: December 10, 2019
Carnaval Maine could bring visitors, revenue to Portland in winter off-season
Updated: December 2, 2019Organizers of Carnaval Maine expect the outdoor winter festival in Portland, debuting Jan. 30, 2020, to attract over 10,000 people. But it's too early to say what the economic impact may be.
Updated: December 2, 2019
CEI's impact this year: $24M deployed, 120 businesses aided
November 27, 2019In 2019, Brunswick-based Coastal Enterprises Inc. has deployed over $24.1 million in loans and other financing to 120 businesses, mostly in Maine, and contributed to the creation and preservation of 1,900 jobs.
November 27, 2019
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