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Small Business
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Maine scores among top 10 states for early-stage businesses, prestigious study says
Updated: April 29, 2021Maine bested every state in the East except Florida in this year's Kauffman Early-Stage Entrepreneurship Index, and outdid performance for the past two years as well.
Updated: April 29, 2021
MedRhythms to test digital therapy for acute stroke, add hires
April 28, 2021The Portland-based company, which employs 17 people with plans to add several more hires in coming months, announced the trial amid an ongoing study into its solution for chronic stroke.
April 28, 2021
SBA's Maine office promotes deputy to director role
Updated: April 27, 2021Diane Sturgeon started her new job this week after nine years with the SBA's Maine District Office, most recently as deputy district director.
Updated: April 27, 2021
Skowhegan offers another round of mini-grants for small businesses
April 22, 2021The program, which was expanded last year to help with pandemic-related challenges, is back to its roots in 2021, offering small grants for a variety of technical uses by small businesses and entrepreneurs.
April 22, 2021
Westbrook fintech firm acquired by Seattle company
April 22, 2021All 21 employees of DAVO Technologies will transition to Avalara, a provider of tax compliance automation for businesses from Bed Bath & Beyond to the New York Times.
April 22, 2021
Record number of small-business owners sought Maine SBDC support in 2020
April 21, 2021Maine Small Business Development Centers, which offer free support and advice to small-business owners and entrepreneurs, helped support 93 business starts in 2020, creating or saving 514 jobs.
April 21, 2021
Maine scores high on US list of best small cities for launching a business
April 21, 2021Four Maine cities ranked among 1,337 nationwide for business-friendliness. Financial website WalletHub based the evaluation on 20 criteria related to business environment, business costs and access to business resources.
April 21, 2021
Seasonal small businesses could get federal relief under proposed bill
April 20, 2021The Seasonal Business PPP Parity Act aims to provide funds for seasonal businesses that applied in the early days of the federal Paycheck Protection Program but were unable to access further relief because their loans had already been forgiven.
April 20, 2021
Portland tech accelerator names former Google exec as managing director
Updated: April 20, 2021Lars Perkins, a former software entrepreneur who more recently has been angel investing and consulting for startups in California, described Portland as a city "on the cusp of greatness."
Updated: April 20, 2021
Maine small businesses to get additional $56M in federal pandemic relief
Updated: April 14, 2021The recently enacted American Rescue Plan funds the State Small Business Credit Initiative with $10 billion, of which at least $56,234,176 will become available to Maine small businesses.
Updated: April 14, 2021
Maine Small Business Coalition names new director
April 12, 2021Selecca Bulgar-Medina was previously a policy fellow with the University of Chicago Law School’s IJ Clinic on Entrepreneurship, where she helped support and advocated for low-income entrepreneurs in that city.
April 12, 2021
Black Box retail incubation mission hasn't been slowed by a year of pandemic
April 6, 2021A year of pandemic hasn't slowed the retail incubation mission of the Black Box on Washington Avenue.
April 6, 2021
GMRI gets fed grant to help seafood businesses innovate
April 6, 2021The Gulf of Maine Research Institute has been awarded a federal grant of $749,856 to help bluetech startups and small seafood businesses recover from the pandemic.
April 6, 2021
Good deal: For small businesses, SBA 504 loans lower the price of entry to real estate
Updated: April 5, 2021A program of the U.S. Small Business Administration isn't widely known, but provides fixed-rate, long-term loans as secondary financing for eligible businesses. For some, it's become a critical part of their expansion plans.
Updated: April 5, 2021
Loan rangers: Behind the scenes of the Paycheck Protection Program in Maine
Updated: April 5, 2021The emergency loan program started last year with initial funding of $349 million, but in two weeks the money was gone. Businesses and banks had to scramble and get what they could. The PPP has been a lifesaver, but has also taught Mainers to learn
Updated: April 5, 2021
Portland IT firm continues acquisition spree with Ohio deal, promising more to come
Updated: March 30, 2021Logically, a Portland company formerly known as Winxnet, has acquired an Ohio-based managed security service provider serving retail to health care customers. The deal brings the Logically workforce to 370 people.
Updated: March 30, 2021
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