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Small Business
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Lending a hand: New Maine microloan program supports immigrant-owned small businesses
Updated: May 16, 2022The Indus Fund is a new microloan program for small business owners in Maine’s growing immigrant community.
Updated: May 16, 2022
SBA Maine District Office names new deputy director
Updated: April 29, 2022Tim Hobbs, the new deputy district director of the SBA's Maine District Office, previously served as the state director for USDA Rural Development in Maine.
Updated: April 29, 2022
SCORE Maine ranks 2nd nationally for client engagement
April 27, 2022The volunteer organization provided business mentoring to more than 4,300 entrepreneurs and small business owners across the state in 2021.
April 27, 2022
Aroma Joe's continues expansion with new Scarborough location
April 27, 2022The new location gives the South Portland-based franchiser 84 Aroma Joe's locations across Maine, New Hampshire, Massachusetts, Pennsylvania, Florida, Rhode Island and Connecticut.
April 27, 2022
Brunswick fintech startup raises $2M to fund growth
Updated: April 26, 2022Circa, led by CEO and co-founder Leslie Hyman, raised the funds from a combination of individual investors, angel investors and venture capital firms.
Updated: April 26, 2022
Island oyster farm wins judge’s award in Mount Desert Business Boot Camp
April 20, 2022The bootstrap oyster-growing operation off the Cranberry Isles will plant 300,000 oyster seeds this year. It takes four years to grow a crop.
April 20, 2022
Maine's metros rank high among best US small cities for starting a business
April 20, 2022Cities in Maine took four of the top five spots in New England, and scored high among 1,334 municipalities nationwide that were evaluated on the basis of startup-friendly criteria.
April 20, 2022
Portland protein bar maker acquired by Connecticut snack-food company
April 18, 2022The maker of R.E.D.D. bars began his business in 2010 with "a bag of dough" and a name that raised eyebrows. The product's identity and form have changed over the years.
April 18, 2022
On the Record: Hüga Heat founders seek a warm, comfortable seat at the table
Updated: April 18, 2022Southport-based entrepreneurs Jocelyn Olsen and Colin Greig have big plans for Hüga Heat, a maker of battery-powered heated seat cushions for outdoor use.
Updated: April 18, 2022
Statewide business development program sets new funding record
April 14, 2022Women made up nearly half of the 3,000 clients at the Maine Small Business Development Centers. The SBDC program estimates that for every dollar invested in the centers, $3.22 was returned in incremental tax revenue.
April 14, 2022
How a Winter Harbor man found success in barbecue spices with Maine ingredients
April 13, 2022Barbecue spice maker John Fuhrman grew his business from 500 bottles in 2018 to a projected 40,000 bottles for 2022. Signing Renys was major: "Got ’em, tried ’em, loved ’em," the buyer told Fuhrman.
April 13, 2022
SBA names its Maine Small Business Person of the Year, eight other award winners
April 7, 2022A Portland entrepreneur with a composting business will be among those taking home prizes at the Small Business Administration's Maine awards ceremony next month in Hallowell.
April 7, 2022
The Form Lab gym launches in Portland with goal of forming muscles, careers
Updated: April 1, 2022The new fitness club teaches how to use proper physical form in workouts. The founders also say their starting pay for trainers is 5% to 10% higher than at most other gyms in the area.
Updated: April 1, 2022
On the Record: South Portland axe maker Brant & Cochran forges ahead in niche market
Updated: April 4, 2022The president and co-founder of a South Portland-based axe maker says the company is at the "go big or go home point" in development.
Updated: April 4, 2022
Small loans with a big impact: Microlending is fueling a macro range of businesses
Updated: April 4, 2022For fledgling businesses, loans of up to $50,000 can have a make-or-break impact, and are available through some nonprofits, community-based financial institutions and local economic development councils.
Updated: April 4, 2022
Maine Venture Fund pledges up to $750K for Roux Institute startups
March 30, 2022The state-sponsored VC firm has pledged up to $250,000 annually over the next three years to support startups planning to grow in Maine. MVF also will use the Roux Institute as a Portland co-working office.
March 30, 2022
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