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Economic Development
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Top Finnish official: Maine's forests are huge asset in emerging biobased economy
May 23, 2019Maine needs to tap the potential of its forests for new frontiers in business and innovation, a top government official from forest-rich Finland told hundreds gathered at the Maine International Trade Center's Trade Day 2019 event in Portland on
May 23, 2019
Committee advances bill to spur development of employee-owned businesses
May 23, 2019A bill sponsored by state Sen. Nate Libby, D-Lewiston, to incentivize and assist with the development of cooperatives and employee-owned businesses was unanimously approved by the Legislature’s Taxation Committee on Tuesday.
May 23, 2019
Trade Day 2019: How can Maine leverage economic growth from forest and marine resources?
May 23, 2019Maine International Trade Center is hosting the 39th annual Trade Day on Friday, an event that will feature talks and presentations by leaders in the rapidly growing global “bioeconomy” that’s tapping renewable biological resources from land and sea
May 23, 2019
Daily regional bus route gets rolling
Updated: May 27, 2019A daily bus route between Lewiston-Auburn and Farmington launched this month as part of a renewed statewide effort to improve access to public transportation.
Updated: May 27, 2019
More work ahead at Lewiston’s Bates Mill
Updated: May 27, 2019Though it’s come a long way already, the redevelopment of Lewiston’s Bates Mill Complex is still a work in progress. Additional renovation work is taking place in the upper floors of Building 1, while the longer-term effort at Mill No. 5 continues
Updated: May 27, 2019
Auburn development boom has mayor’s buy-in
Updated: May 27, 2019Auburn Mayor Jason Levesque, a fifth-generation Auburn resident who returned to Maine after attending West Virginia Wesleyan College, is bullish about Auburn and the greater Lewiston-Auburn area in terms of location and affordability.
Updated: May 27, 2019
Bethel looks to diversify its economy and strengthen role as western Maine hub
Updated: May 27, 2019The town of Bethel and neighboring ski areas are in the midst of expanding and diversifying their economies. Various interests aim to leverage assets that have long made the area a desirable destination to outdoor enthusiasts. That includes
Updated: May 27, 2019
Updated: May 27, 2019Bethel as a barometer for economy of western Maine
Updated: May 27, 2019For our focus on Lewiston-Auburn and western Maine, our cover story looks at efforts to attract off-season visitors to Bethel and the surrounding area.
Updated: May 27, 2019
Mills launches 10-year economic development plan focusing on training, R&D and pay
May 21, 2019Gov. Janet Mills launched an initiative today to develop a 10-year strategic economic development plan for Maine.
May 21, 2019
MTI is Maine SBA’s 2019 ‘financial services champion’
May 17, 2019The Maine Technology Institute was named the “2019 Financial Services Champion of the Year” by the Maine District Office of the U.S. Small Business Administration. The honor was presented during Wednesday night’s SBA Small Business Awards
May 17, 2019
Island Falls has plan to fill empty downtown buildings
May 15, 2019The southern Aroostook County town of Island Falls, with a year-round population of less than 900, may not look much like Millinocket, 40 miles to the southwest, but the two towns have a lot in common.
May 15, 2019
GO Lab lands $250K grant to test and market its ‘disruptive’ fiberboard insulation
May 14, 2019GO Lab, an innovative, building products manufacturer based in Belfast, has received a $250,000 award from the U.S. Forest Service’s Wood Innovations Grant program. The grant will assist GO Lab in its mission to disrupt and transform the
May 14, 2019
Mace named state’s director of business development and innovation
May 14, 2019Maine Department of Economic and Community Development Commissioner Heather Johnson announced Monday that Charlotte Mace is the department’s new Director of Business Development and Innovation.
May 14, 2019
Economic development director, action plan launch Katahdin region into new era
May 14, 2019More focus on the northern towns of the Katahdin region, more places to eat and better infrastructure are some of the thing Mike Elliot hopes will happen soon.
May 14, 2019
Investment group finalizes funding for Rumford Best Western
May 9, 2019Pennacook Falls Investments Ltd. closed Wednesday on a loan that finalizes the capital needed to proceed with construction of a 63-room Best Western Plus Inn and Suites in Rumford, Maine.
May 9, 2019
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