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The Gulf of Maine Research Institute is establishing an Ocean Business Accelerator to support the development of new business ventures and partnerships by leveraging private-sector market opportunities.
"Dear Mr. President — Why not lobster?" That’s the opening line of a letter Maine’s congressional delegation sent this morning to President Donald Trump urging him to provide financial assistance to lobster businesses hurt by the ongoing trade war
Nordic Aquafarms Inc. has named Gilbane Building Co. and Landry/French Construction as its construction managers for the land-based salmon farm that will be built on 54 acres off Route 1 in Belfast.
Mainebiz had its most recent “On the Road” roundtable in Ellsworth. Each year, we visit six places in Maine, and Ellsworth was our third stop of 2019. It’s our chance to ask local business people what they see as the major issues.
The Maine Department of Marine Resources is in the midst of a first round of meetings with the lobster industry, to discuss strategies to cope with an expected 50% cut in the number of “endlines” in the water.
The Maine House of Representatives on Monday passed a bill to ban offshore oil and gas drilling and exploration in Maine’s ocean waters.
Coastal Enterprises Inc. has created a new loan product to help finance shellfish and sea vegetable growers who, for a variety of reasons, may not be able to access loans from traditional lending sources.
A $75,000 gift from two seafood companies will fund a fourth field season for a University of Maine deep-water lobster settlement monitoring program.
Emergent Holdings, the parent company of Whole Oceans, which is developing a state-of-the-art land-based salmon aquafarm in Bucksport, is offering to buy a majority stake in Kuterra LP, a British Columbia-based company that pioneered growing salmon
Kingfish Zeeland, a four-year-old aquaculture company that raises Dutch Yellowtail fish in The Netherlands, is looking at two sites in Maine for its planned expansion into the United States.
When Luke’s Lobster opens in Portland next week, it will do so with a 100-strong workforce that includes a head chef returning to Maine after 13 years away.
Maine Coast, a live lobster wholesaler based in York, is among 48 companies to receive the President’s “E” Award, the highest award given to domestic companies or organizations making a significant contribution to the expansion of U.S. exports.
Maine needs to tap the potential of its forests for new frontiers in business and innovation, a top government official from forest-rich Finland told hundreds gathered at the Maine International Trade Center's Trade Day 2019 event in Portland on
Maine International Trade Center is hosting the 39th annual Trade Day on Friday, an event that will feature talks and presentations by leaders in the rapidly growing global “bioeconomy” that’s tapping renewable biological resources from land and sea
Whole Oceans, of Portland, announced it completed a purchase and sale agreement with American Iron and Metal Development USA LLC for a parcel of property on the site of the former Verso paper mill.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy,
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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