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The grant is the latest step forward for the Waterville startup, which also won the Big Gig pitch competition in Orono earlier this month and was awarded an MTI grant in August.
Bricks Coworking & Innnovation Space and its Jumpstart program will use grant money from the state's Coworking Development Fund to expand services for young entrepreneurs looking to get a business off the ground.
The startup this fall launched Bio-White Gas, a low-carbon renewable fuel for the outdoor recreation market, and hopes to begin retail sales by the spring.
Four years since making its initial grants, the state’s long-dormant Coworking Development Fund has awarded a second round of them to shared business spaces in 12 communities across Maine.
In 2019, Brunswick-based Coastal Enterprises Inc. has deployed over $24.1 million in loans and other financing to 120 businesses, mostly in Maine, and contributed to the creation and preservation of 1,900 jobs.
The Northern Maine Development Commission was one of three community development financial institutions in Maine that received a total of $2.164 million in federal funds.
A nonprofit on Mount Desert Island recently launched an online directory of business development resources. And Susan Morris, a founding organizer of Startup Maine, this month issued the fifth edition of her guide for entrepreneurs.
The Washington Avenue retail incubator, built out of shipping containers, is working out both for those businesses that move on to bigger things and those that plan to stay a while.
The Wells Fargo Foundation’s Diverse Community Capital program awarded a $300,000 grant to Coastal Enterprises Inc., to provide financing, business coaching and other help.
Taki Miyamoto, who was born in Japan and raised near New York, chatted with Mainebiz about growth prospects for the Scarborough climbing gym he co-founded and his ambitions as an attorney.
Millennial business leaders and entrepreneurs in the Waterville area are highlighted in a just-launched project of the Central Maine Growth Council.
MedRhythms Inc., a Portland-based medical technology startup, has gotten the green light to launch a clinical trial of its walking rehabilitation solution.
Thomas College is launching the startup mentoring program early next year for entrepreneurs in those counties, as well as five Waldo County towns. The application deadline is next month.
The "Greenlight Maine" Collegiate Competition winner is developing software that simplifies data for use by athletes and coaches to enhance performance will decreasing the chance of injury.
Maine's first female governor and two female craft brewers, who also are state lawmakers, gathered Tuesday in Portland to concoct a special ale. But it was really 100 years in the making.
The Portland-South Portland region ranked No. 7 among large metro areas, and No. 36 overall, in a per-capita analysis of new businesses formed in 353 U.S. cities.