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Three out of 10 participating startups in the Roux Institute Techstars Accelerator class of 2021, including one from Chile, are gearing up to relocate to Maine.
Rocket-building startup bluShift received at least a temporary rebuff in Jonesport, where the company aims to launch its first commercial payloads. Other sites are available as a countdown continues.
Fork Food Lab will use new federal money to add staff and help member businesses scale up, the executive director of the shared commercial kitchen and startup incubator tells Mainebiz.
Female founders and business owners in a variety of sectors face challenges raising money in the male-dominated venture capital industry.
CEI deployed $35.8 million to 95 businesses, mostly in Maine, and the funding led to the creation or preservation of at least 427 jobs.
The Portland-based digital health startup's new backers are Japan's Global Brain and Bose Ventures, the corporate venture capital arm of Framingham, Mass.-based Bose Corp.
The city has partnered with the local chamber and Staples Connect to launch an initiative, Startup Auburn, to help new businesses.
An investor group with local roots is hoping to create a year-round venue in Oxford County. The lakefront complex would have space for concerts, festivals and other events, as well as offering recreation and hosting a brewery and taproom.
A transit manager and schoolteacher started a home brewery and can now scale up to commercial operation, thanks to a business-attraction contest in Lewiston. The $80,000 prize package includes a year of free rent downtown, plus services.
Sabrina Taylor, named head of clinical trials at MedRhythms, previously served as director of clinical studies for the Brain and Spinal Injury Center at the University of California San Francisco, based at Zuckerberg San Francisco General Hospital.
The Halloran Lab for Entrepreneurship will open next year, funded by the donation of a 1984 graduate, Todd Halloran, an investor and entrepreneur himself.
The exclusive lettuce contract with Springworks Farm will save up to six days of trucking and nearly 3,500 food miles. Springworks is the largest and first certified organic aquaponics farming operation in New England.
Pete Andrews, formerly vice president of sales at Reconnect Inc., now serves as CEO of the company. It develops electronic supervision devices to replace the bulky ankle monitors often used in the criminal justice system.
The city of Portland is relaunching its Business Assistance Grant Program for Job Creation, with $300,000 available in the newest round of funding. In addition, the city's Microenterprise Grant Program is expanding its eligibility for grants up to $
Brick-and-mortar bookstores might be on the decline. But in Presque Isle, one new bookstore owner wants to share her love of books in a market where she’s already experiencing success.
Due diligence is in progress for the purchase of two buildings in South Portland that would give the shared commercial kitchen and business incubator eight times the space it has now in Portland.