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Economic Development
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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, 2016MTI awards $665K for tech-focused development in state
May 23, 2016The Maine Technology Institute's Cluster Initiative Program awarded three organizations in the state $658,765 that will be used to develop technology-intensive clusters in the state.
May 23, 2016
Fed crowdfunding law takes effect: What does it mean for Maine?
May 16, 2016After four years of debate, the federal government's 685-page crowdfunding law, passed last Oct. 30, takes effect today, offering yet another fund-raising and investing option to companies and individuals in Maine and nationwide.
May 16, 2016New overtime rule could quadruple number of eligible Maine workers
May 16, 2016A proposed change to the nation's overtime eligibility regulations could quadruple the number of workers in Maine who would be covered by the new salary threshold — rising from 16,000 to 64,000 workers.
May 16, 2016
Coastal Enterprises Inc. looks to the future in wake of departure
May 16, 2016“Retire” is the word that shall not be used in describing what Coastal Enterprises Inc. founder Ron Phillips plans to do after he turns over the leadership reins this week to his successor as CEO, Betsy Biemann, and as president, Keith Bisson.
May 16, 2016Chamber ‘executive of the year’ appointed as SMMC executive director
May 13, 2016Cory King, the 2015 Maine State Chamber Chamber “executive of the year” and long-time executive director of the Skowhegan Area Chamber of Commerce, has been named executive director of the Southern Midcoast Maine Chamber.
May 13, 2016What will this Maine town with a population of 85 do with $650K windfall?
May 12, 2016The Downeast Maine town of Grand Lake Stream is in the “very early stages of planning” of finding out exactly what it plans to do with a $650,000 economic development grant meant to attract businesses and younger residents to the Washington County
May 12, 2016Rockland represents Maine in national Main Streets celebration
May 6, 2016The city of Rockland is representing the state of Maine in National Life Group's 2016 Main Streets Across America celebration.
May 6, 2016
FedEx delivers another small business grant contest to Maine
May 4, 2016FedEx Corp. has become the third entity in recent weeks to entice small businesses in Maine to enter a contest with several prizes totaling $100,000. The contest by the Memphis, Tenn.-based delivery service will be its fourth annual Small Business
May 4, 2016
Gray-New Gloucester launch local 'Shark Tank' competition
May 3, 2016The Gray-New Gloucester Development Corp. launched a three-phase competition to lure new or existing out-of-town businesses into one of the communities by offering the winner a forgivable loan of up to $15,000 and approximately $5,000 of in-kind
May 3, 2016LePage, Alfond get green light on student debt legislation
April 20, 2016Maine Gov. Paul LePage and Senate President Justin Alfond, D- Portland, are touting passage of LD 1657, a bill that makes three major changes to the Opportunity Maine tax credit program.
April 20, 2016
Mainers sought to enter new global $125K MIT biz competition
April 20, 2016A new global competition has cast a worldwide net, but its executive producer, who is based in Maine, told Mainebiz that its focus on raising economic prospects for middle- and base-level earners makes it a natural for Maine businesses to compete.
April 20, 2016FirstPark business partnership looks to spur global interest
April 19, 2016The 285-acre Oakland-based business campus, FirstPark, has announced a partnership with the Portland-based commercial real estate company, SVN The Urbanek Group, to spur development at the Kennebec Regional Development Authority owned and operated
April 19, 2016How To: Avoid the 5 temptations of success
April 18, 2016A successful leader of a large organization that I met with recently remarked during our first interview, “Doug, I don't spend much time second-guessing myself.”
April 18, 2016
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