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Economic Development
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Canadian mining company 'very pleased' with initial Pickett Mountain results
March 12, 2018A 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.
March 12, 2018
Colby, Waterville Creates! collaborate on downtown arts building renovation
March 6, 2018A landmark downtown building will be renovated, reduced and developed into an arts hub in a collaboration between Colby College and nonprofit Waterville Creates! Plans for the regional arts hub at 93 Main St. will be finalized once money is raised
March 6, 2018
Colby's first Waterville downtown development piece is in place
February 28, 2018The first building in Colby College's multi-property Main Street project is renovated and occupied, and other downtown projects, both the college's and those by others, are following.
February 28, 2018
Belgrade Realtors open agency in renovated mixed-use building
February 27, 2018Two Belgrade Lakes village upper Main Street buildings have a fresh look, renovated office space and new occupants, including the newly formed Lakehome Group brokerage.
February 27, 2018
State inviting recommendations for new 'Opportunity Zone' program
February 27, 2018The Maine Department of Economic and Community Development is seeking help from communities and local economic development organizations in identifying potential “Opportunity Zones” that would benefit from a new federal program offering tax benefits
February 27, 2018
$1M project expands high-speed internet in Piscataquis County
February 26, 2018Premium Choice Broadband is nearing the final stages of a $1 million project to bring high-speed fiber internet connections to rural Maine.
February 26, 2018
Pamola Motor Lodge project another piece in Millinocket's recovery
February 21, 2018New owner Chris Carr bought the Central Street fixture in 2016 and hopes to make it a four-season destination, another piece in the town's new economy.
February 21, 2018Tribes seek legal authority to proceed on casinos without state OK
February 20, 2018Native American tribes are pursuing a legislative order in the Maine House of Representatives that would ask the Maine Supreme Judicial Court whether the tribes can operate casinos here without state approval.
February 20, 2018
Gaps in high-speed internet coverage hurting rural Maine
February 19, 2018Nearly 100 Franklin County residents gathered in Farmington on a recent cold night, some from more than 50 miles away, to hear the results of a study about how the county can increase rural broadband.
February 19, 2018
Four other Maine companies receive MTI 'challenge' grants
February 16, 2018In addition to awarding $4 million to Verso Corp. to upgrade and restart the Jay mill's idled No. 3 paper machine and $3 million to Montana-based SmartLam to support its plans to build a $23.5 million cross-laminated timber manufacturing plant in
February 16, 2018
Filling empty space quickly isn't new to Freeport
February 13, 2018Even Freeport isn't immune from the pinch of the “Amazon effect,” one of the several reasons there may be some high-profile empty storefronts on Main Street. But those in the know say the space will fill fast, as retailers find creative ways to keep
February 13, 2018
Anchor tenant signs on at Millinocket's shuttered paper mill
February 13, 2018The site that once housed Millinocket's Great Northern Paper mill has its first tenant — an anchor that is expected to bring 100 direct jobs to the Katahdin region in the next five years.
February 13, 2018
Maine SBDC provides 2017 economic impact scorecard
February 13, 2018The Maine Small Business Development Centers, a statewide program that helps entrepreneurs start and grow their businesses, reported today that it helped save or create 661 jobs in 2017.
February 13, 2018
Greenlight Maine competition heats up as 13 semifinalists vie for $100K prize
February 9, 2018Greenlight Maine, an entrepreneurial pitch contest with a $100,000 prize, has selected the 13 semi-finalists who will move on to the Season 3 finals in June.
February 9, 2018
SBA launches program in Bangor to assist small businesses 'poised for growth'
February 8, 2018Bangor has been selected as the first location in Maine to deliver a U.S. Small Business Administration program geared to meet the needs of executives of small business poised for growth in emerging markets.
February 8, 2018Boothbay region drafts plan to bolster economy
February 8, 2018Business and community leaders throughout the Boothbay region are working together to draft an economic development and strategy action plan to bolster the local economy in the short and long term.
February 8, 2018
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