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The bipartisan Restaurants Act would allow owners to apply for grants of up to $10 million to cover eligible expenses retroactively to February 15, 2020, and ending eight months after the legislation is signed into law.
A year after canceling in 2020 at the start of the coronavirus pandemic, organizers open the 2021 edition with a few tweaks, including a virtual finale that will be livestreamed.
After losing more than a third of its members during the pandemic, the Portland shared commercial business and food-business incubator said its search for bigger space has intensified.
The Northeastern University-affiliated institute is teaming up with Boulder, Colo.-based Techstars, which since 2006 has invested in over 2,300 companies with a combined market value of more than $193 billion.
New data from the federal government show more than 1,500 small businesses in the state were approved for nearly $100 million just last week.
Across the U.S., venture capital-backed companies received record-high funding in 2020, although the number of deals was down. In Maine, results were just the opposite.
KinoTek Inc., one of six companies selected to join the first cohort of the Roux Institute Startup Residency program, aims to launch its first product later this year.
As sales grow in both the state's medical and recreational-use cannabis markets, several businesses outside of Maine are looking to cultivate new customers here.
In the latest round of Paycheck Protection Program lending, $462.6 million in loans have been written to businesses and nonprofits in Maine. The latest round has provisions for businesses and nonprofits with fewer than 300 employees.
The new plan would exempt the first $1 million in loan proceeds from state taxes, a break that would apply to 99% of the Maine businesses that received PPP funds last year. But over 200 recipients, including some large employers, would still be
The court ruled that the hazard wage of time-and-a-half doesn't take effect until 2022, when the rest of the new minimum wage ordinance does, but the Portland Regional Chamber of Commerce and five business owners argue the wage itself is not
South Portland changed its award categories this year to recognize resilience in the face of the pandemic; the seven winners will be honored in a Feb. 11 ceremony.
With high demand and low overhead, the industry provides a reliable return on investment. Now more Mainers are getting into the business and developing more space, as more people look to store their "stuff."
States in the northeastern U.S. didn't fare well in the analysis by a Motley Fool small-business website. But Maine outscored them all, narrowly surpassing New York.
The nonprofit trade group issued a request for proposals this week and plans to make a decision on a partner by May 1.
Jonathan Trumper, a former New York entertainment consultant, now heads the Portland chapter of the business mentoring nonprofit. He talked with Mainebiz about his new role and the area's potential for cultivating entrepreneurs.