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Small Business

  • UMaine Business Challenge prize gets a boost

    September 15, 2015

    The UMaine Business Challenge, Maine's largest student entrepreneurship competition, recently announced The Fournier Family Foundation Technology Prize has been increased.

    September 15, 2015

  • Sea Bags buys Portland jeweler to expand brand

    September 9, 2015

    Portland-based Sea Bags, which makes a line of totes and accessories from recycled sailcloth, has purchased Portland nautical map jeweler CHART metalworks.

    September 9, 2015

  • Post-hike reflections on Katahdin region's economy

    James McCarthy September 7, 2015

    I had a lot of time to think as I completed an 11-mile hike up and down Katahdin in Baxter State Park with my 26-year-old son, Nick, in mid-August. None of it had anything to do with the Katahdin region's economic challenges. That came later.

    James McCarthy September 7, 2015

  • Portland gift card startup partners with Bangor Savings to pursue statewide expansion

    Dylan Martin August 28, 2015

    After launching only 20 months ago, Portland gift card startup Buoy Local has gained an important supporter in one of Maine’s largest independent banks as it plans to expand its coverage for local merchants beyond southern Maine.

    Dylan Martin August 28, 2015

  • SMCC, UNE partner with proposed marine business incubator

    August 27, 2015

    Southern Maine Community College and the University of New England are teaming up with the developer of a proposed marine business incubator in Portland to bid for a $7 million state bond.

    August 27, 2015

  • Skowhegan entrepreneur contest offers $20K prize

    August 20, 2015

    Entrepreneurs who want to start a business in downtown Skowhegan have a chance to win a $10,000 forgivable loan, commercial storefront space and other incentives in a contest being organized by Main Street Skowhegan and Skowhegan Savings Bank.

    August 20, 2015

  • Yarmouth chamber picks new leader

    August 19, 2015

    The Yarmouth Chamber of Commerce has chosen a Freeport native to replace Executive Director Carolyn Schuster, who stepped down recently after serving in that position for 17 years.

    August 19, 2015

  • Medway marketing firm wins Katahdin business contest

    August 11, 2015

    Medway graphic design and marketing firm DesignLab is receiving $3,500 in professional services as part of winning first place in the Katahdin Business Plan Challenge.

    August 11, 2015

  • Women to Watch: Heather Sanborn, Rising Tide Brewing

    Dylan Martin August 10, 2015

    If you want to know the movers and shakers behind Maine's booming beer industry, getting to know Heather Sanborn would be a good first step.

    Dylan Martin August 10, 2015

  • Joe Bornstein, Adam Lee among 150 business leaders that support minimum wage increase

    Dylan Martin July 31, 2015

    The Maine Small Business Coalition revealed on Wednesday a list of more than 150 business leaders who support a citizen-led initiative to increase the state's minimum wage.

    Dylan Martin July 31, 2015

  • MTI, UMaine launching new startup program

    July 29, 2015

    The Maine Technology Institute and the University of Maine are launching a startup accelerator program in Bangor next month for up to three startups that have “high-growth potential.”

    July 29, 2015

  • Anthem to acquire Cigna in $54.2B deal

    July 24, 2015

    In the largest-ever acquisition of a health insurer, Anthem announced today it had agreed to purchase Cigna in a deal valued at $54.2 billion, including debt.

    July 24, 2015

  • Scrap metal facility proposed for Otis Mill site

    July 15, 2015

    The new owner of the former Otis Mill in Jay is proposing to use the property as a scrap metal recycling and storage facility.

    July 15, 2015

  • GAC Chemical Corp. becomes an employee-owned company

    James McCarthy July 15, 2015

    GAC Chemical Corp. has joined the ranks of prominent Maine companies such as Cianbro and Sargent Corp. that are owned by their employees. The Searsport-based company announced on Monday that its founder and owner, James A. Poure, was selling his

    James McCarthy July 15, 2015

  • Middle market firms enter foreign markets cautiously, strategically: study

    Lori Valigra July 14, 2015

    Of the 619 middle market firms in Maine, only 19 are involved in exporting, according to a new study.

    Lori Valigra July 14, 2015

  • Bethel company fights trademark violation claim

    July 8, 2015

    Black Bear LLC, a Bethel-based maker of all-natural energy drinks and oral sprays, is contesting a claim that it's violating a trademark of a California company.

    July 8, 2015

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Today's Poll

Do you support an increase in Portland's minimum wage?
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins. 

More Information