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Capital-intensive small businesses in Maine in need of short-term help can apply for grants through Nov. 26.
Over the past year, the Small Business Administration made 417 loans in Maine that weren't through the Paycheck Protection Program or an Economic Injury Disaster Loan.
The city of Portland is relaunching its Business Assistance Grant Program for Job Creation, with $300,000 available in the newest round of funding. In addition, the city's Microenterprise Grant Program is expanding its eligibility for grants up to $
From a roofer to a restaurant and from farms to a packaging firm, recipients of Wednesday's awards for the best family-owned Maine businesses are a diverse bunch.
Guest author Tony Paradiso says while corporate responsibility benchmarks like Environmental, Social and Governance are evolving, more companies are working to define them.
An agreement will allow MedRhythms to use Universal Music Group's millions of recordings for the MedRhythms digital therapeutics platform, which combines music, software and clinical sensors to help restore neurological function in patients.
As two Mainebiz guest authors point out, planning a management transition or sale of a company is complicated, and the business needs to be running at peak efficiency to make any scenario work.
With nearly half its workforce losing their jobs, the fitness industry has been one of the hardest hit by the pandemic. In Maine, some businesses are in survival mode, but nevertheless optimistic.
Nancy Strojny, assistant director of SCORE Maine and a longtime mentor to businesses from Flowfold to the Holy Donut, said the awards "are a testament to the innovation, diligence and dedication of small business's owners."
"The small gains that our industry made toward financial security are in danger of being wiped out, dashing the hopes of communities, entrepreneurs and consumers nationwide," says a letter addressed to leaders of Congress.
The company, called SudShare, is an on-demand service with a different spin on outsourcing laundry.
A meat processing facility, assistance for indigenous business owners and replacement of outdated trail-grooming equipment are among the projects receiving grants, which are expected to create or save over 100 jobs in rural Maine.
In a crowded market that includes 150 breweries, Maine craft beverage makers are getting creative in order to set themselves apart. The results include breakthrough brands and unusual concoctions.
The field is vulnerable to economic ups and downs, and has been hit hard by the pandemic. Nevertheless, startup momentum in Maine’s child care sector remains strong, one microenterprise or nonprofit at a time.
True Fin, a startup from the Gulf of Maine Research Institute’s business development group, is changing the way fishermen handle their catch — which can mean a premium in the marketplace.
Working from home, remote operations, mandated closures, layoffs, the Great Resignation — 2020 offered a whole host of reasons why we’re now seeing startups cropping up all over.
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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