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Economic Development
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Millinocket Housing Initiative making progress
July 10, 2018The Northern Forest Council has already bought six houses and multi-family buildings and renovated and rented out three in a program aimed at helping the town's downtown revitalization.
July 10, 2018
Nasson College's turnaround nearly complete with conversion of Marland Hall into senior housing
July 9, 2018Rob Reinken was at his latest development project a few weeks ago when he saw a woman out in front taking photos. He asked if he could help her. “She said, 'This was my dorm!,'” Reinken says. “So I showed her around.”
July 9, 2018WalletHub ranks Maine at No. 31 for business startups
July 3, 2018In a WalletHub assessment of the best and worst states in which to start a business, Maine came in at No. 31, sandwiched between Tennessee (No. 30) and New York (No. 32).
July 3, 2018
Augusta, developer partner on 'addition by subtraction'
June 26, 2018The city took advantage of a bad situation -- two distressed residences on upper Bridge Street — and with the help of a local developer made it a plus.
June 26, 2018
Falmouth Center proposal tests town's commercial goals
June 26, 2018The town grapples with whether a Falmouth Center mixed-use proposal matches its vision for its U.S. Route 1 commercial corridor and desire for more development there.
June 26, 2018
MDOT 'ready to dig in' on building freezer warehouse without Americold
June 26, 2018The Maine Department of Transportation will go ahead with plans to build a cold-storage warehouse in Portland without Americold Realty Trust (NYSE: COLD) as a partner, welcoming the chance to take a more hands-on role in the long-awaited project.
June 26, 2018GrowSmart Maine launches Maine Smart Growth Awards
June 19, 2018GrowSmart Maine is launching the Maine Smart Growth awards, which are designed to recognize the diverse elements that contribute to smart growth, and also serve as real life illustrations of the benefits it can bring.
June 19, 2018
Gorham Savings celebrating 150 years with 150 days of giving
June 18, 2018Gorham Savings Bank, in celebration of its 150th anniversary, plans to grant up to $150,000 of wishes over the next 150 days as part of a community giving program called “Wish Tree.”
June 18, 2018
Startup Maine conference experiments with new brand and format
June 18, 2018Startup Maine is a startup in its own right, trying out a new brand, new format and an all-in ticket price of $48 for a three-day conference taking place in Portland from June 21-23.
June 18, 2018
SCORE recognizes success stories with annual awards
June 15, 2018SCORE's Maine Success Award luncheon honored 10 businesses and their owners in a variety of categories from all over Maine. Winners accepted their awards accompanied by their SCORE mentors.
June 15, 2018Washington County leaders welcome ‘Opportunity Zone’ designation
June 14, 2018Local economic development and business leaders in the Washington County towns of Baileyville, Calais, Whiting, Dennysville, Pembroke, Baring and Meddybemps are eager to take advantage of being placed in a federally designated Opportunity Zone
June 14, 2018Maine Center for Entrepreneurs readies 'cultivator' businesses for growth
June 11, 2018Our cover story is devoted to eight food producers that are being mentored by the Maine Center for Entrepreneurs.
June 11, 2018
Maine's immigrant entrepreneurs making their mark as they launch, and grow, small businesses
June 11, 2018At Cafe Whoopies in South Portland, Rwanda Bean Co. co-founder Mike Mwenedata is all smiles, welcoming customers breakfasting on made-in-Maine whoopie pies and coffee brewed from African beans.
June 11, 2018
Cultivator program prepares startup companies for second-level growth
June 11, 2018Ryan Wilson was working for a farm and doing deliveries to restaurants, when he started asking chefs what they wanted that they couldn't get. “They said 'duck,'” he recalls. “So I grew six ducks.”
June 11, 2018
North Spore wins $50K Gorham Savings' LaunchPad prize
June 6, 2018North Spore, a Westbrook startup that cultivates and sells mushroom-growing kits, beat four other finalists to win the coveted $50,000 Gorham Savings Bank LaunchPad prize on Tuesday evening.
June 6, 2018
Boston investors back away from Saddleback purchase
June 5, 2018The Boston investment firm Arctaris Impact Fund's plans to purchase and reopen Saddleback ski resort was passed over by the LePage administration in favor of 32 other low-income census tracts statewide designated as Opportunity Zones last month.
June 5, 2018
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