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The Indus Fund is a new microloan program for small business owners in Maine’s growing immigrant community.
The money aims to build on existing groundwork as the accelerator launches its inaugural cohort and helps to build greater Waterville’s entrepreneurial ecosystem.
Products include "bouquet subscriptions" and dried arrangements. The wedding business is big, and climate change has extended the season.
The founders, both Biddeford natives, wanted to be part of the city’s growth. “There are so many great businesses and entrepreneurs who are thriving,” said one partner.
Tim Hobbs, the new deputy district director of the SBA's Maine District Office, previously served as the state director for USDA Rural Development in Maine.
Circa, led by CEO and co-founder Leslie Hyman, raised the funds from a combination of individual investors, angel investors and venture capital firms.
The bootstrap oyster-growing operation off the Cranberry Isles will plant 300,000 oyster seeds this year. It takes four years to grow a crop.
Next week's event will feature products ranging from ghee to online marketplaces, and offers benefits such as marketing and networking opportunities, organizers of Maine Innovation Nights say.
Southport-based entrepreneurs Jocelyn Olsen and Colin Greig have big plans for Hüga Heat, a maker of battery-powered heated seat cushions for outdoor use.
Women made up nearly half of the 3,000 clients at the Maine Small Business Development Centers. The SBDC program estimates that for every dollar invested in the centers, $3.22 was returned in incremental tax revenue.
Barbecue spice maker John Fuhrman grew his business from 500 bottles in 2018 to a projected 40,000 bottles for 2022. Signing Renys was major: "Got ’em, tried ’em, loved ’em," the buyer told Fuhrman.
Members of the International Women's Coffee Alliance were hosted by Coffee By Design in Portland.
This year's showing extends the Waterville school's winning streak in an annual series of competitions organized by the Society for the Advancement of Management.
A Portland entrepreneur with a composting business will be among those taking home prizes at the Small Business Administration's Maine awards ceremony next month in Hallowell.
"Mutha" made a special blend of barbecue dry-rub spices. “All of a sudden, it hit me like a runaway lobstah trap,” the founder of Bub 'n Mutha's says. “We can’t keep this discovery a secret.”
The president and co-founder of a South Portland-based axe maker says the company is at the "go big or go home point" in development.
Sponsored by: Kennebunk Savings Bank
As artificial intelligence becomes increasingly integrated into the workplace, it's no surprise that many workers are feeling uneasy — wondering whether their roles might eventually be handed over to machines.
Ultimately, it’s the managers who hold that power — the ones who decide whether a job stays with a human or is passed on to an algorithm.
A global software company, Trio.dev, surveyed 3,000 managers across the U.S. to determine if they would swap staff for AI.
Strikingly, 67% of managers in the Pine Tree State said they would replace staff with AI without hesitation — the highest percentage in the country.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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