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Economic Development
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Four buildings to be razed to revitalize downtown Waterville
July 21, 2016Waterville's comeback is in full swing as four buildings owned by Colby College are to be torn down for new uses.
July 21, 2016
Venture capital deals not as soft as believed; Maine sees 5 deals in Q2
July 15, 2016Counter to the well-reported lull in venture capital deals recently, venture capitalists invested $15.3 billion in 961 deals in the second quarter of 2016, up 20% in dollars from the first quarter and down 5% in the number of deals.
July 15, 2016
Credit cards: Are they what they used to be?
June 27, 2016Flashing a platinum or gold credit card used to be a status symbol, but a recent Money Pulse survey by Bankrate.com found the times are changing, especially among younger generations.
June 27, 2016
DECD, Greenlight Maine partner to double prize purse, fuel jobs
June 24, 2016The Maine Department of Economic Development will help entrepreneur competition Greenlight Maine at least double its purse to $200,000 in season two, and expand its reach in the state with the aim of also creating more jobs in the state.
June 24, 2016Ellsworth awarded $300K Community Development Block Grant
June 24, 2016The city of Ellsworth will receive $300,000 from the Maine Department of Economic and Community Development via the federal Department of Housing and Urban Development that can be used to assist homeowners and landlords to make improvements in a
June 24, 2016Pop-Up art gallery highlights downtown Augusta
June 22, 2016Peter Precourt, a professor of art at the University of Maine at Augusta, is using a vacant storefront at 265 Water St. in the state's capital as a pop-up art gallery.
June 22, 2016Hospitality coalition opposes wording of minimum wage measure
June 17, 2016A coalition including the Maine State Chamber of Commerce and the Maine Innkeepers Association said the language of a statewide ballot measure to raise Maine's minimum wage fails to meet the standard of presenting the issue “concisely and
June 17, 2016Washington County nonprofit nabs $600K for economic development
June 16, 2016The Machias-based Sunrise County Economic Council, will be receiving $600,000 from the U.S. Department of Agriculture in the form of a $500,000 Rural Microentrepreneur Assistance Program Loan and a $100,000 grant to support rural economic
June 16, 2016
Not far from downtown Bar Harbor, Town Hill attracts small businesses
June 13, 2016A mini-boom in small-business activity is taking place in Town Hill, a small village that's part of the busy tourist town of Bar Harbor, but is located on its outermost fringe.
June 13, 2016MTI awards $21K to five businesses across Maine
June 10, 2016The Maine Technology Institute approved five grant applications for the month of May totaling $21,303 to Maine businesses specializing in advancements in the fields of aquaculture and marine technology, precision manufacturing, environmental
June 10, 2016Will deep discounts lure businesses to downtown Ellsworth?
June 3, 2016Two Ellsworth commercial property owners are taking matters into their own hands to address the high vacancy rate they say has become all too common a sight on the city's Main Street.
June 3, 2016Downtown Ellsworth Association hires new director
June 2, 2016The Downtown Ellsworth Association has hired Gouldsboro native and Ellsworth business owner Cara Romano as the part-time executive director of the association.
June 2, 2016
New directors mark chamber of commerce growth statewide
May 30, 2016Maine's chamber of commerce offices are ever-evolving. In recent weeks, two chambers have announced new executive directors.
May 30, 2016
Five companies in play for $50K ‘LaunchPad’ grant
May 27, 2016Five finalists have been named in the Gorham Savings Bank “LaunchPad” competition, including several that have been featured on the pages of Mainebiz. The winner, which will be selected in June from 179 applicants, will be awarded $50,000.
May 27, 2016Wiscasset receives $4.3M to upgrade century-old water system
May 25, 2016The Wiscasset Water District received funding from the USDA Rural Development office totaling $4.3 million for infrastructure upgrades on nearly 13,000 feet of century-old water lines.
May 25, 2016
Houlton is latest town to jump into entrepreneurial funding fray
May 24, 2016Houlton is the most recent town to offer a funding incentive to lure entrepreneurs with a $35,000 Houlton Entrepreneur Challenge that will kick off Sept. 1.
May 24, 2016
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