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Economic Development

  • How To: Work with your commercial lender to grow your business

    David M. Eldridge April 18, 2016

    Spring brings growth and new activity. In the commercial lending world, it's also when small- and mid-size businesses get serious about launching, growing or expanding.

    David M. Eldridge April 18, 2016

  • From the Editor: Energy to spare?

    April 18, 2016

    Our cover story, by Senior Writer James McCarthy, delves into an issue that has vocal critics on both sides.

    April 18, 2016

  • On the record: Tanya Emery, director of the Bangor Community and Economic Development Department

    Laurie Schreiber April 18, 2016

    Emery has had a key role in the city's recent development. She was instrumental in the deal to bring discounter Wayfair (and 450 jobs) to the former L.L.Bean call center, as well as several downtown conversions and the addition of downtown retailers.

    Laurie Schreiber April 18, 2016

  • Startups in Maine need to move quickly to become mid-sized companies

    Lori Valigra April 18, 2016

    Two Maine financiers and innovators are calling for what seems a tall task: building a "middle class," or group of mid-sized, scalable Maine companies that can create and spin off new businesses and, more importantly, draw in skilled workers who

    Lori Valigra April 18, 2016

  • 'Greenlight Maine' charges into second season

    April 15, 2016

    Fans of “American Idol” looking to get their competitive television fix after the show called it a day last week might want to tune into “Greenlight Maine,” which pits some of the state's hungriest entrepreneurs against each other in a series of

    April 15, 2016

  • UMaine Business Challenge announces finalists

    April 13, 2016

    The UMaine Business Challenge, Maine's only business plan competition open to all Maine college students, has announced the finalists from three different universities vying for $20,000 in prizes.

    April 13, 2016

  • What we know about LePage's 900 job loss claim one day later

    April 8, 2016

    News reports about Gov. Paul LePage's revelation at a town hall meeting in Orono that an unnamed southern Maine company would be shedding 900 jobs spread like wildfire on Thursday, with everyone wondering the same thing: Which company is it?

    April 8, 2016

  • Maine Department of Labor sets all-time job listings record

    April 8, 2016

    An increase in employers looking to hire at job fairs around the state has led to the Maine Department of Labor setting an all-time record in the number of openings posted on its job listing website this month.

    April 8, 2016

  • New program to boost Maine Woods tourism businesses

    April 4, 2016

    A group of partners that includes the Northern Forest Center have launched the Tourism Innovation Program with the goal of providing funding for tourism businesses in the Moosehead Lake and Katahdin Iron Works regions.

    April 4, 2016

  • Navigate new EMV chip-card standards

    Patty Sanville April 4, 2016

    If you have not transitioned your payment systems to comply with EMV chip-card standards, you are now liable for chargebacks related to counterfeit card fraud.

    Patty Sanville April 4, 2016

  • Business lauded by L-A city officials finds new home

    April 1, 2016

    Downtown Handmade & Vintage has found a new home at 277 Lisbon St. in downtown Lewiston, where it will be joined by the art collective, The Hive, and a new art gallery.

    April 1, 2016

  • Don Gooding sings highs and lows of MCED in swan song

    Lori Valigra March 31, 2016

    Last Saturday Don Gooding made a list of the things he'd like to do if he weren't working full time as executive director of the Maine Center for Entrepreneurial Development.

    Lori Valigra March 31, 2016

  • USDA seeks applicants for rural development grants

    March 30, 2016

    The U.S. Department of Agriculture has announced that $290,000 is now available for business development projects in rural communities across the state through the agency's Rural Business Development Grant program.

    March 30, 2016

  • MCED's executive director, Don Gooding, announces resignation

    March 30, 2016

    The executive director of the Maine Center for Entrepreneurial Development, Don Gooding, has announced his resignation from the nonprofit effective June 17.

    March 30, 2016

  • Bangor commits $1M to upgrade Wayfair building

    March 29, 2016

    The city of Bangor will spend close to $1 million to update the former L.L.Bean call center location in preparation for its new tenant, the Boston-based home goods e-commerce storefront Wayfair.

    March 29, 2016

  • Finalists announced for Congress Square redesign

    March 28, 2016

    Portland's Planning & Urban Development Department has announced that it has narrowed the field down to four design teams as finalists for the Congress Square Redesign Project, after receiving a dozen submissions for the ambitious downtown

    March 28, 2016

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Today's Poll

Do you support an increase in Portland's minimum wage?
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins. 

More Information