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The Portland, Bangor and Lewiston areas all received poor grades for their 2015 growth of gross domestic product, which measures the output of the metro area's goods and services.
Maine is lagging behind the nation in its growth of median income, according to the latest report from the U.S. Census Bureau.
The Somerset Cultural Planning Committee won two grants totaling $15,500 to craft a tourism plan and boost economic and community development in Somerset County.
Many small business people think of the business plan as that thing they had to do to obtain financing for their business. While that is one way to describe a business plan, it isn't the right one. Business plans are not something that should be
A growing Main Street business community, low real estate prices and its proximity to Belfast, Bangor and Ellsworth is leading to a resurgence for the town of Bucksport.
Officials from the Midcoast Regional Redevelopment Authority say the creation of 1,200 new jobs at Brunswick Landing is double the number of jobs originally projected to be created at the former home of the Brunswick Naval Air Station at this stage
The recent opening of two new businesses on Main Street in Fort Fairfield is the latest development of the Village Square building since the 20,000-square-foot building was purchased by Josh Cheney and Leigh Smith in 2015.
Five Maine organizations have been awarded a total of $290,000 in grant funding through the USDA Rural Development Rural Business Development Grant program to assist in economic development, and the creation and support of an anticipated 160 jobs
“The city is excited to see this piece of the downtown, which has been a little dark, really come alive,” Tanya Emery, Bangor's community and economic development director, told Mainebiz.
Landry/French Construction Co. and Tilson Technology Management are joined by six other Maine companies in Inc. magazine's annual list of the 5,000 fastest-growing companies across the country.
The Maine Center for Entrepreneurial Development announced on Tuesday that Thomas Rainey has been appointed the executive director of the organization, effective Sept. 6.
Four Somali Bantu farmers have started New Roots Cooperative Farm in Lewiston.
It's easy enough to rattle off negatives about Maine's economy, but Andrea Cianchette Maker deliberately takes a different approach. As leader of Pierce Atwood's government relations practice group and co-chair of FocusMaine, an economic development
The Maine Office of Tourism awarded grants totaling $57,675 to seven groups in the most recent round of the Tourism Enterprise Marketing Grant program.
Venture Hall, a new startup and innovation initiative in Portland, will get more than $30,000 of in-kind investment from boutique Cloudport CoWorking MultiSpace, Venture Hall co-founder Jess Knox told Mainebiz.
There's good news for Maine from the U.S. Bureau of Economic Analysis, which looked at the gross domestic product of the country: The state made it into the top 10 in economic performance for the first quarter of 2016.