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Economic Development
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Eastport's economic development effort gets down to street level
December 14, 2015Mainebiz Editor Peter Van Allen reflects on a recent visit to Eastport, the region's economic development challenges and how it's using its port to spur business growth.
December 14, 2015Island Institute report cites need for broadband on year-round islands
December 9, 2015The Island Institute released a report Wednesday outlining the lack of broadband Internet access on Maine islands, options for solutions and the economic benefits of improved service.
December 9, 2015Top Gun program begins accepting applications for next year
December 4, 2015Applications are now open for the 2016 Top Gun program, a competitive program that selects Maine entrepreneurs for five months of mentoring and training.
December 4, 2015
CEI uses tax credit program to funnel capital into distressed local economies
November 30, 2015Since 2004, CEI Capital Management has placed $913.4 million in combined federal and state New Markets Tax Credit investments into 87 projects from Maine to Hawaii.
November 30, 2015
Could a business cluster be the solution to Maine's fragmented food industry?
November 30, 2015A recent report from the Harvard Kennedy School suggests that more cooperation is needed to grow Maine's food industry, create new jobs and generate economic growth.
November 30, 2015
Ellsworth technology startup incubator finds home with a riverfront view
November 29, 2015The city of Ellsworth is buying a building along Union River to house a new tech startup incubator, a collaboration between the city and its nonprofit development corporation.
November 29, 2015
Developer planning office building on Saco Island
November 12, 2015A Saco Island developer has released a conceptual plan for the island's eastern end that includes an office building overlooking the Saco River.
November 12, 2015Fire-damaged Gardiner building to be razed
November 6, 2015The city of Gardiner has cleared the way for a building in its historic downtown damaged by a fire this summer to be torn down.
November 6, 2015Maine plans to eliminate downtown CDBG funds to combat crime
November 5, 2015The Maine Department of Economic and Community Development is proposing to shift some federal development funding to a law enforcement and crime prevention grant program.
November 5, 2015Capital fund proposed for large Maine business projects
November 4, 2015A bill from a Brunswick state legislator and the Midcoast Regional Redevelopment Authority would create a new capital program to provide funding for large business projects if approved by the Maine Legislature in the upcoming session.
November 4, 2015Colby College buys fourth downtown Waterville building
November 3, 2015Colby College is continuing its investment into Waterville's downtown with the purchase of a fourth property in the last four months.
November 3, 2015
CEI's new Brunswick headquarters consolidates operations
November 1, 2015Coastal Enterprises Inc.'s move into its new headquarters in Brunswick brings together a number of satellite operations that were previously spread around the state, including two major office locations in Portland.
November 1, 2015Crowdfunding investment fund proposed for Katahdin-area businesses
October 28, 2015A community group that promotes development in the Katahdin region is developing an equity crowdfunding platform so people can invest in Katahdin-area businesses.
October 28, 2015Report: Maine food industry leaders need to develop growth plan
October 22, 2015A report from Harvard University looking at how Maine can grow its food industry recommends that the different parties in the industry should collaborate to develop a growth plan with clear metrics on measuring results.
October 22, 2015Maine chamber, business groups, oppose campaign finance referendum
October 22, 2015The Maine State Chamber of Commerce and other business groups Wednesday came out against Question 1 on the November ballot, saying they oppose paying for the Clean Election Act expansion through the elimination of corporate tax breaks.
October 22, 2015Portland adopts affordable housing requirement for new developments
October 20, 2015New housing developments in Portland with at least 10 residential units will now be required to make 10% of the housing units affordable to middle-income earners.
October 20, 2015
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