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MaineWorks is a for-profit business with a social mission to compassionately support people in recovery or who were recently incarcerated.
"We're in a pretty good spot, all things considered," Kenneth J. Entenmann, chief investment officer and chief economist at NBT Wealth Management, told Mainebiz in a phone interview.
Coastal Enterprises Inc. is leveraging a state-sponsored retirement savings program with a financial incentive program designed to encourage solo entrepreneurs to start a retirement saving plan.
Maine has built a surprisingly robust startup support system — but too few people know where to begin.
As executive director of the Maine Center for Entrepreneurs for close to a decade, Tom Rainey has a front-row seat to the state’s startup scene.
Each of the businesses Mainebiz talked with — S.W. Collins and McDougal Orchards — are over 100 years old and have successfully transitioned through multiple generations.
Business transitions range from generational succession to local investors to buyers looking to change careers. A theme? How to maintain legacy brands while revamping with new ideas and growth potential.
Any number of issues can come up and any number of noses can be put out of joint, particularly when family members are involved.
The issue made for a fiery start to Monday's City Council meeting, where one resident asked city officials to come up with solutions "because the downtown is dying."
The Waterville-based regional council has hired a new innovation and development coordinator to help drive business growth in central Maine.
Businesses and individuals in the Bangor region were celebrated at the chamber's annual awards event.
Prapela Inc., currently staffed by two employees, aims to add 25 hires by the end of 2027 and employ more than 50 by 2030.
In her new position with the chamber, Sabrina Gormley will focus on building membership as well as marketing for events and programming.
At a Monday press conference in Portland, the leaders of several small local businesses shared stories of rising prices, supply shortages and cancelled orders resulting from President Trump’s unpredictable trade policies.
Startup Maine Week is scheduled to take place from May 19-22 in Portland.
Since the Downtown Grants program started in 2020, 33 projects have received awards for uses such as new equipment, consultants and marketing.