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The deadline for Gorham Savings Bank’s third annual LaunchPad Competition is right around the corner, giving Maine startups a few more days to sign up for a chance to win $30,000.
A commercial building in Kennebunk that housed two businesses was destroyed by a fire on Tuesday. No one was in the building at the time.
The heaps of snow that have buried Maine in the past week are receiving a mixed report from businesses. For some, it’s a boon; for others, a curse.
Businesses in 12 Maine communities near Portland are now eligible for several loan and grant programs from the U.S. Department of Agriculture Rural Development.
The state has received an extra $4.3 million that will be used to help small businesses attract more capital and create jobs as part of a federal initiative.
The Aroostook Centre Mall in Presque Isle is losing two more tenants after national retailers Sears and Staples both announced that they would be pulling out.
Laboratory software company RockStep Solutions Inc. has moved into space at the Mount Desert Island Biological Laboratory in Salisbury Cove.
Small businesses in Maine may be eligible for part of a $700,000 grant award that will provide recipients with training, business resources and networking opportunities.
Carrabassett Coffee may not be the biggest company in the Carrabassett Valley, but with 125 wholesale and 2,000 mail-order customers from all over the country, it may be one of the most well-known.
Maine has become the first state in the country to enact a crowdfunding law that allows companies to sell shares to investors wherever they reside.
Portland is one the nation’s best cities to start a new business, according to Popular Mechanics magazine, which named the city in its February edition.
A Portland-based composting company expects to quadruple its customers after expanding its food scrap processing capacity and changing its name to reflect a new regional focus.
Trask Jewelers in Farmington has closed after operating for 159 years.
The doors are expected to open soon for TechPlace, a federally backed, 90,000-square-foot business incubator focused on various technology sectors at Brunswick Landing.
The lack of snow is southern Maine is leaving some businesses without the kind of activity they typically see during winter months.
The second annual Maine Startup and Create Week will be held from June 22-28 in Portland, the event’s organizers announced on Friday.
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.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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