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Small Business

  • Deadline nears for $30K startup contest

    February 25, 2015

    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.

    February 25, 2015
  • Fire guts Kennebunk commercial building

    February 4, 2015

    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.

    February 4, 2015
  • Businesses give mixed report on snow

    February 3, 2015

    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.

    February 3, 2015
  • Businesses near Portland eligible for federal funds

    January 22, 2015

    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.

    January 22, 2015
  • State gets extra $4.3M for small business

    January 21, 2015

    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.

    January 21, 2015
  • Aroostook mall loses two more tenants

    January 20, 2015

    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.

    January 20, 2015
  • RockStep Solutions moves into MDIBL

    January 16, 2015

    Laboratory software company RockStep Solutions Inc. has moved into space at the Mount Desert Island Biological Laboratory in Salisbury Cove.

    January 16, 2015
  • Maine small businesses eligible for SCORE grant

    January 13, 2015

    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.

    January 13, 2015
  • In the valley below Sugarloaf, Carrabassett Coffee grows

    Jennifer Van Allen January 12, 2015

    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.

    Jennifer Van Allen January 12, 2015
  • Maine crowdfunding law to boost businesses

    January 9, 2015

    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.

    January 9, 2015
  • Portland named as one of top ‘Startup Cities’

    January 7, 2015

    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.

    January 7, 2015
  • Portland composting company poised for major growth after expansion

    Dylan Martin January 7, 2015

    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.

    Dylan Martin January 7, 2015
  • 159-year-old Farmington business closes

    January 2, 2015

    Trask Jewelers in Farmington has closed after operating for 159 years.

    January 2, 2015
  • Brunswick tech business incubator to open soon

    December 30, 2014

    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.

    December 30, 2014
  • Snow-less days hurt some Maine businesses

    December 29, 2014

    The lack of snow is southern Maine is leaving some businesses without the kind of activity they typically see during winter months.

    December 29, 2014
  • 2015 dates named for Maine startup week

    December 22, 2014

    The second annual Maine Startup and Create Week will be held from June 22-28 in Portland, the event’s organizers announced on Friday.

    December 22, 2014

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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.