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Five finalists out of 150 applicants were selected to compete in Gorham Savings Bank's 2021 LaunchPad competition, which will take place on June 1.
Maine bested every state in the East except Florida in this year's Kauffman Early-Stage Entrepreneurship Index, and outdid performance for the past two years as well.
The Portland-based company, which employs 17 people with plans to add several more hires in coming months, announced the trial amid an ongoing study into its solution for chronic stroke.
The program, which was expanded last year to help with pandemic-related challenges, is back to its roots in 2021, offering small grants for a variety of technical uses by small businesses and entrepreneurs.
Maine Small Business Development Centers, which offer free support and advice to small-business owners and entrepreneurs, helped support 93 business starts in 2020, creating or saving 514 jobs.
Four Maine cities ranked among 1,337 nationwide for business-friendliness. Financial website WalletHub based the evaluation on 20 criteria related to business environment, business costs and access to business resources.
Lars Perkins, a former software entrepreneur who more recently has been angel investing and consulting for startups in California, described Portland as a city "on the cusp of greatness."
The initiative’s programs will provide technical services to foster commercialization, training, mentoring and market intelligence. The fund is expected to strengthen links to the Portland-Portsmouth-Boston life sciences corridor.
A year of pandemic hasn't slowed the retail incubation mission of the Black Box on Washington Avenue.
Read about seven distinguished Mainers who have helped shape the state's economic vitality over the past 12 months, and who will be honored at the virtual Business Leaders of the Year award reception on Thursday, April 15.
Karen Getz started Maine Crisp Co. seven years ago in a basement. Her husband, Steve, joined the effort, and then Steve's business partner, Mike Ross. Today, the company is preparing to move into a 17,500-square-foot Winslow plant.
In a world profoundly and permanently changed by the COVID-19 pandemic, the 2021 Mainebiz Business Leaders of the Year are seven remarkable individuals whose perseverance, resilience and vision are necessary more than ever.
A family's own need led to CoAmplify, a Portland startup that created a hat to give deaf kids "the freedom to just be kids."
T-street Capital LLC typically invests $5 million to $25 million in growing, small- to mid-sized consumer goods businesses. The investment in Hyperlite follows a round of early-stage venture financing the company received three years ago.
The virtual forum invites participants from Maine and across the North Atlantic to identify digital solutions to deliver essential health care services and create a recovery plan for the tourism industry, with a focus on rural communities.
A year after canceling in 2020 at the start of the coronavirus pandemic, organizers open the 2021 edition with a few tweaks, including a virtual finale that will be livestreamed.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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.
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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.
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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.
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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