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Economic Development
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Focus turns to Mill 5 in Bates Mill's rebirth
December 12, 2016With much of the space occupied by commercial and residential tenants in seven restored historic buildings at the Bates Mill Complex, the largest and last of the buildings to be redeveloped is seeing interest from potential tenants as near as Main
December 12, 2016Newcastle considers code to enhance neighborhoods
December 9, 2016A neighborhood-enhancement technique called form-based code could help Newcastle become more residential- and business-friendly.
December 9, 2016Boothbay region has a new chamber director
December 2, 2016Patricia Royall is promoted to executive director of the Boothbay Harbor Region Chamber of Commerce.
December 2, 2016
Portland Buy Local hires first executive director
December 1, 2016Portland Buy Local, which was started a decade ago to represent independent businesses, has selected Jenn Thompson as its first executive director.
December 1, 2016Biddeford: Parking shortage costing jobs
November 30, 2016Biddeford city officials are concerned a lack of parking spaces downtown is costing jobs and putting the community's revitalization at risk.
November 30, 2016
FAME financing boosts Thompson's Point project
November 29, 2016The Finance Authority of Maine has approved a $500,000 direct loan to Forefront Brick South LLC to help finance property improvements and working capital related to the redevelopment of a vacant building into an events center at Thompson's Point in
November 29, 2016
Picking up Pickering: Bangor square revitalization on tap
November 29, 2016Revitalization of downtown Bangor and the city's waterfront continues, with city officials considering redevelopment of Pickering Square, a block from the waterfront, a key parcel for the ongoing west side rehabilitation that should be finished by
November 29, 2016Eastern Maine Economic Development lands $500K grant
November 29, 2016U.S. Economic Development Administration has awarded a $500,000 Economic Recovery Assistance grant to Eastern Maine Development Corp., which will use the funding to establish a plan to support redevelopment and revitalization in Eastern Maine.
November 29, 2016Portland: New office seeks to connect immigrants with employers
November 28, 2016The City of Portland is considering opening a new office aimed at helping immigrants, minorities and other economically hard-pressed residents connect with businesses and service providers.
November 28, 2016
Report details Island Institute's 2016 impact on islands and coast
November 28, 2016The Rockland-based nonprofit reported operating revenue of $5.47 million and almost $5.4 million in operating expenses, which included $883,179 being spent on community development and $1 million on economic development.
November 28, 2016Open for Business? Maine is 49th in Forbes' 'Best states for business'
November 21, 2016Forbes Magazine's annual “Best States for Business” list came out last week and Mainers can again grit their teeth. This year, the Pine State falls back to the No. 49 position — yes, the second-to-worst ranking — and one notch down from last year's
November 21, 2016
Rural development boosted with $80M in New Markets Tax Credits to CEI
November 18, 2016The U.S. Department of Treasury has allocated $80 million in New Markets Tax Credit capacity to CEI Capital Management, which the nonprofit says it will use for economic development projects in rural, low-income communities across Maine and the
November 18, 2016State oversight committee votes to overhaul business tax incentives
November 18, 2016Maine will join a number of other states in developing a 10-year economic development plan after the Legislature's Government Oversight Committee voted to submit legislation that will overhaul Maine's business incentive programs.
November 18, 2016Further thoughts on Isle au Haut: Entrepreneurs by necessity
November 14, 2016After spending a day on Isle au Haut last month reporting my Oct. 14 story, “An island community confronts its economic challenges,” I returned to the mainland with uneasy feelings about the future of the year-round island community.
November 14, 2016
Immigrant Legal Advocacy Project helps new Mainers navigate complex laws
November 14, 2016Five years ago, a doctor traveled from his home country to Maine because his life was in danger. His government wanted him dead because he had treated some patients who opposed the government. In Maine, he found himself homeless. His visitor's visa
November 14, 2016
Maine voters approve hike in the minimum wage
November 9, 2016By a solid margin, Maine voters approved Question 4 to raise the state's minimum wage with a vote of 55.85% in favor and 44.15% opposing the measure.
November 9, 2016
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