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Economic Development

  • Colby College: Downtown Waterville investment 'already paying off'

    Maureen Milliken April 2, 2018

    Colby College's $50 million investment in downtown Waterville is already showing an economic payoff in the local economy, with the 100,000-square-foot Bill and Joan Alfond Main Street Commons mixed-use building at 150 Main St. already bringing $14.5

    Maureen Milliken April 2, 2018
  • Gorham Savings readies LaunchPad for another season

    Maureen Milliken April 2, 2018

    Gorham Savings Bank's LaunchPad program was started six years ago as a way for the bank to help startups who aren't in a position to get traditional bank financing.

    Maureen Milliken April 2, 2018
  • Bootstrapping 101: Financing a startup is about more than just money

    Maureen Milliken April 2, 2018

    Erica Schmitz, a consultant for a health care nonprofit, has been sewing her own clothes since 2013. The Portland resident found out she wasn't the only one frustrated with the lack of realistic online body-sketching templates, so she decided to

    Maureen Milliken April 2, 2018
  • Brewers' 'silent partner': Portland Water District honored for protecting Sebago watershed

    James McCarthy March 30, 2018

    Good beer needs good, clean water — which is an important backdrop for why the Maine Coast Heritage Trust awarded its 2018 Espy Land Heritage Award to the Portland Water District for its efforts in protecting the Sebago Lake watershed.

    James McCarthy March 30, 2018
  • MTI awards $6.7M in federal grants to six Maine startups

    Staff March 28, 2018

    The Maine Technology Institute reported this week that six Maine companies have received Small Business Innovation Research/Small Business Technology Transfer awards from various federal agencies totaling almost $6.7 million.

    Staff March 28, 2018
  • Colby College to develop Waterville hotel itself

    Maureen Milliken March 27, 2018

    The college terminated its agreement with Portland-based Olympia Companies in January for the project, which is part of the college's $50 million investment in downtown Waterville.

    Maureen Milliken March 27, 2018
  • Cranberry Isles' $1.3M broadband initiative seen as a model for Maine

    Staff March 27, 2018

    The town of Cranberry Isles has received a $1.3 million grant from the U.S. Department of Agriculture's Rural Development Community Facilities Program for construction of its broadband network.

    Staff March 27, 2018
  • Three counties get $210K boost for economic development planning

    Staff March 20, 2018

    The U.S. Department of Commerce's Economic Development Administration will award $210,000 to Androscoggin, Somerset, and Aroostook counties to foster economic development, support small businesses and create jobs.

    Staff March 20, 2018
  • Libra Foundation to build $5M ice arena in Dover-Foxcroft

    James McCarthy March 19, 2018

    Maine's Libra Foundation, as part of its broader efforts to rekindle new activity and investment in Piscataquis County, is constructing a state-of-the-art ice arena in Dover-Foxcroft on property adjacent to Foxcroft Academy.

    James McCarthy March 19, 2018
  • Under Steve Levesque, Brunswick Landing delivers on a promise of creating new jobs

    Maureen Milliken March 19, 2018

    Under the leadership of Steve Levesque, executive director of the Midcoast Regional Redevelopment Authority, the evolution of the former Brunswick Naval Air Station to the humming Brunswick Landing business community represents $350 million in

    Maureen Milliken March 19, 2018
  • LaunchPad now accepting applications for 2018 competition

    Staff March 15, 2018

    Gorham Savings Bank is now accepting applications for its sixth annual LaunchPad small business competition in which small businesses compete for a $50,000 grant prize from the bank.

    Staff March 15, 2018
  • Waterville arts hub renovation gets $2 million boost from Colby benefactor

    Maureen Milliken March 14, 2018

    The contemporary art gallery that's part of the 93 Main St. renovation will be named for donor Paul Schupf, who has also donated to the Colby College Museum of Art in the past.

    Maureen Milliken March 14, 2018
  • Yarmouth's Brickyard Hollow Brewing on track to open in spring or early summer

    Maureen Milliken March 13, 2018

    The brew pub at the site of a former dry-cleaning building on the corner of Main and Cleaves streets will be the town's first craft brewery, and the recently named head brewer is excited about bringing his style to town.

    Maureen Milliken March 13, 2018
  • Northland Enterprises Bayside development continues to grow

    Maureen Milliken March 13, 2018

    The company bought the former Century Tire property, along with some other buildlings, in the Portland neighbhorhood in 2015 and is seeing the results.

    Maureen Milliken March 13, 2018
  • Yarmouth village's history develops with Main Street projects

    Maureen Milliken March 13, 2018

    Four historic Main Street buildings may soon have new owners, adding to the energy in the development-busy village.

    Maureen Milliken March 13, 2018
  • Canadian mining company 'very pleased' with initial Pickett Mountain results

    Maureen Milliken March 12, 2018

    A Canadian engineering firm that is testing a Penobscot County mountain to see if it can be mined for heavy metals is happy with initial results.

    Maureen Milliken March 12, 2018

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Today's Poll

Do you patronize farmers' markets in Maine?
Choices
Poll Description

Maine has over 100 farmers' markets offering a range of local food products.

Maine Federation of Farmers’ Markets reports that unseasonably cool temperatures and a rainy early summer have not only caused issues for some crops but also for local farmers' markets. Strawberries, for instance, had a bad season. Around the state, sales at farmers' markets have been down this summer.