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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.
The company, which has developed a digital health platform for body-motion assessment and currently employs a dozen people, says it plans to used the funding to scale and serve a wider range of movement-clinician markets.
Coworking and collaborative workspaces were growing in popularity across the state in 2019, but interest slumped in 2020. This week the state launched a grant program to create more spaces and support entrepreneurship.
GMRI’s Blue Economy Initiative envisions a “Gulf of Maine corridor” from Maine to Boston as a global hub of innovation. The grant aims to enhance the region’s seafood industry, create high-quality jobs, and generate blue economy entrepreneurship.
When overseas business nose-dived and the pandemic shuttered restaurants, Holden expanded the company’s branded grocery line and created an online seafood market to help fishermen have a place to sell their harvest.
In 2015, VanHaren launched pumpspotting, an app designed to connect parents with each other and with breastfeeding, pumping and postpartum support services. The platform now has a virtual community of over 40,000 parents.
Originally from Rwanda, Mwenedata is expanding his business in southern Maine, and giving back half of the company's profits to coffee growers in the country of his birth.
After launching one successful company, Deri set his sights even higher. His Brunswick startup, bluShift Aerospace, is now building commercial rockets aimed at bringing nanosatellites into orbit, as far as 400 miles above the Earth.
Since Kenkel started Springworks Farm in 2014, it's sprung to employ nearly 40 Mainers, and now sells organic lettuce and herbs throughout New England. A third greenhouse, representing a $4 million investment, is on the way.
The two Nexters, who founded MedRhythms Inc., a Portland startup whose digital therapeutics may someday help restore nervous system functioning, discuss the growth of the business and what changes lie ahead.
An agreement will allow MedRhythms to use Universal Music Group's millions of recordings for the MedRhythms digital therapeutics platform, which combines music, software and clinical sensors to help restore neurological function in patients.
A long-time seafood industry expert is working with Maine-based seafood and aquaculture businesses interested in scaling up profitability and market reach. The goal is to expand the industry and create jobs.
Nancy Strojny, assistant director of SCORE Maine and a longtime mentor to businesses from Flowfold to the Holy Donut, said the awards "are a testament to the innovation, diligence and dedication of small business's owners."