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Small Business

  • Business contest announced for Katahdin area

    April 24, 2015

    The Maine Small Business Development Centers is holding a new business plan competition for small businesses and entrepreneurs in Millinocket, East Millinocket and Medway.

    April 24, 2015
  • Saco River Dyehouse and Biovation among 10 semifinalists in $30K business plan contest

    Dylan Martin April 23, 2015

    Gorham Savings Bank has announced the 10 semifinalists in its third annual LaunchPad Competition for startups and existing companies seeking a boost in funding.

    Dylan Martin April 23, 2015
  • Selling the family business: A Portland investment banker sees an uptick in M&A activity

    James McCarthy April 20, 2015

    The continued improvement of the economy is driving merger and acquisition activity both nationwide and in Maine, particularly among baby boomer owners who waited through the recession for the right conditions to sell their companies.

    James McCarthy April 20, 2015
  • Falmouth business owner faces prostitution charge

    April 17, 2015

    The owner of a Falmouth acupressure therapy business has been charged with engaging in prostitution following an investigation that began seven months ago.

    April 17, 2015
  • Loyal Biscuit Co. owner named as SBA's Maine Small Business Leader of the Year

    Dylan Martin April 10, 2015

    The owner of Loyal Biscuit Co. has been named as the U.S. Small Business Administration’s Maine Small Business Leader of the Year.

    Dylan Martin April 10, 2015
  • 'Shark Tank' to hold open call in Portland

    Dylan Martin April 8, 2015

    Get your one-minute pitches ready. ABC reality TV series “Shark Tank” is planning to hold an open call for entrepreneurs in Portland this summer.

    Dylan Martin April 8, 2015
  • Androscoggin chamber names Morrison successor

    April 7, 2015

    The Androscoggin County Chamber of Commerce has named a Portland native who has served in the U.S. Navy and Marine Corps as its next president.

    April 7, 2015
  • UMaine to hold small business conference

    April 6, 2015

    Tom’s of Maine Founder Tom Chappell is scheduled as a guest speaker for the University of Maine’s second annual Black Bear Business Conference on April 24.

    April 6, 2015
  • Navigating fed funding takes startup moxie

    Lori Valigra March 27, 2015

    A $2.6 billion jackpot for early stage R&D funding from 11 federal agencies plus their related institutes seems too good to pass up, but applying for the money isn’t for the faint of heart, startup companies discovered at an educational

    Lori Valigra March 27, 2015
  • Winter takes big toll on Portland economy

    March 20, 2015

    A new Portland Press Herald analysis published Friday gives a snapshot of how much of a negative impact this year’s winter had on Maine and greater Portland’s economy.

    March 20, 2015
  • Thomaston car dealership sued over ageism claim

    March 19, 2015

    Shepard Chrysler Dodge Jeep, a car dealership in Thomaston, is being sued by a former employee who claims he was fired because of his age.

    March 19, 2015
  • Mexicali Blues CEO to open distillery

    March 18, 2015

    Topher Mallory, the CEO of Mexicali Blues, is planning to open a distillery with a business partner in the retailer’s home base of Newcastle.

    March 18, 2015
  • Portland business incubator attracts investors

    March 18, 2015

    Portland city officials and developers of the New England Ocean Cluster House have identified the Maine State Pier as the location for the marine-based business incubator.

    March 18, 2015
  • Redfin debuts its brokerage services in southern Maine

    March 12, 2015

    Seattle-based real estate brokerage Redfin announced today the debut of its home-buying and selling services in southern Maine.

    March 12, 2015
  • Co-working space to open in Bar Harbor

    February 26, 2015

    A new co-working space in Bar Harbor is expected to open this April, giving professionals and small businesses a new and affordable option for office space.

    February 26, 2015
  • Penobscot Bay chamber head resigns

    February 26, 2015

    Staci Coomer, the executive director of the Penobscot Bay Regional Chamber of Commerce, has resigned to take a job in Washington, D.C.

    February 26, 2015

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Today's Poll

Do you support an increase in Portland's minimum wage?
Choices
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 $19 per hour by 2028. (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.