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It's wedding season and a new report shows couples and their invitees contribute an estimated $937 million to the Maine economy.
Entosense, an edible insect company in Lewiston, began farming its own crickets over the past winter, with the goal of eventually replacing its outsourced cricket products with locally raised products.
Wellness Connection of Maine CEO Patricia Rosi made the list of “Glass Ceiling Wreckers: 2019 Power Women of Cannabis” by Cannabis Business Executive, an integrated media company serving the global marijuana industry. This is the third year Rosi has
Who will take home the $50,000 grand prize in this year's LaunchPad competition for small businesses?
The Institute for Family-Owned Business has named 25 companies as finalists for the Maine Family Business Awards. The winners will be announced on June 5 in Portland.
Financial advisors and human resources experts agree that education and personal attention are key to hiking participation rates in employer-sponsored investment plans.
As more baby boomers enter their golden years, a 2016 report by the Denver-based Business Enterprise Institute looked at the problems business owners face as they retire. It found that only 17% of owners have a written business-exit plan, even
Maine Heritage Timber has an interesting twist on the forest products industry. The Millinocket company recovers logs from area waterways — logs that were lost headed to mills.
Silo mentality continues to be one of the most frequent characteristics of many businesses and organizations. Here are some ways to overcome it.
Saco is among 25 cities and towns from across the U.S., and three from New England, to make the quarterfinals of America's Main Streets contest, which is put on by Independent We Stand, a national association that promotes small businesses and local
Colleen McCracken, the former president and CEO of Planet Dog, has teamed up with three other Maine business women to launch Quad Group, a consultancy focused on family-owned businesses.
Bar Harbor Catering Co., a woman-owned business that's grown substantially since it was launched 10 years ago, is launching a pop-up eatery and tasting room to operate as a test kitchen for chefs and also reach a more-general audience.
Kennebec Valley Community College has launched classes in basic carpentry, pipe welding and commercial driving that are aimed at meeting workforce shortages in Maine.
Winxnet Inc., a Portland firm that acquired San Diego-based K&R Network Solutions Inc. last June to form a coast-to-coast managed IT services company, has changed its name to Logically.
The Central Maine Growth Council will sponsor a daylong “virtual job fair” on Tuesday, May 7.
The glass circular building at 1 Canal Plaza in downtown Portland is to be transformed into an all-day vegan eatery serving power bowls and other healthy dishes.
A longtime sewing machine retailer in Turner will close its doors Saturday after a deal to sell the business fell through.
U.S. Sens. Susan Collins, R-Maine, and Angus King, I-Maine, have joined a bipartisan group of senators in introducing the “Agricultural Export Expansion Act of 2019,” legislation to remove a major hurdle for American farmers and ranchers aiming to sell American agricultural products in the Cuban market. The bipartisan bill would support jobs in Maine and throughout the country by lifting restrictions on private financing for U.S. agricultural exports to Cuba.
Collins and King noted in a recent news release that the 2018 Farm Bill took steps to help American agriculture access the Cuban market by allowing funding for U.S. Department of Agriculture export promotion programs for U.S. agricultural products to be used in Cuba. However, they said, the biggest barrier for producers as they seek access to Cuba is the Trade Sanctions and Reform Act’s prohibition on providing private credit for those exports, which forces Cubans to pay with cash up-front for American-grown food. As a result, American farm goods have become less competitive, and Cuba has turned to other countries that are able to extend credit directly to Cuban buyers for transactions.
The proposed bill would amend the Trade Sanctions and Reform Act to allow for private financing of agricultural exports and level the playing field for American farmers competing in the global market.
Noting that farming continues to be a major economic driver of Maine’s rural communities, Collins and King said the legislation would “open up a significant new export opportunity, without costing the government any money or risking any taxpayer dollars.”