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Pumpspotting plans to use the investment to fuel growth in the business-to-business channel. Meanwhile, the company was accepted into the state's new Early Adopter Program, with a roll-out to 31,000 employees.
The Waterville school will launch a new major in Esports and Gaming Administration in fall 2022, to prepare graduates for jobs in an industry projected to reach $3 billion by 2022.
A co-founder of high-flying HighByte talks with Mainebiz about the company's goals for recruiting, the skills that are needed, and why Portland is a good fit for this entrepreneur from Ohio.
Leaders from two Maine businesses were the only winners outside metro Boston in the New England competition for the EY Entrepreneur of the Year.
The Westbrook-based maker of veterinary diagnostic tools, practice software and water microbiology tests said earnings per share grew by 36%. Much of the increase was driven by IDEXX's Companion Animals Group.
Since launching six years ago, the digital health therapeutics company has now raised $34 million in private financing, is actively hiring and is expanding its product pipeline.
"These exceptional results reflect strong execution from the WEX team, positive trends across the business and strong demand for our platform and services as volumes continue to recover," said WEX Chair and CEO Melissa Smith.
The money is expected to support critical infrastructure improvements, create 20 jobs, retain 120 jobs and generate $3.5 million in private investment. TechPlace opened in 2015 and now houses 35 early-stage businesses.
The quasi-public independent agency represents an ambitious push to address broadband infrastructure and affordability, and a different approach than what the state has taken in its 15-year effort to expand service in Maine under the ConnectME
Companies that have been operating remotely are now exploring hybrid models, with physical space for people to meet while allowing them to keep working from home if they can and want to. No size, it appears, fits all.
RockStep Solutions, whose software is designed to help biomedical research labs in the life sciences industry, expects to double its staff of 13 by April.
Microwave Techniques LLC has acquired all the assets and intellectual property of Raleigh, N.C.-based Industrial Microwave Systems LLC for an undisclosed amount.
From online mapping for snowmobilers to a snail-mail innovation for older adults, central Maine is producing a broad bounty of new business ideas. An experienced entrepreneur with roots in the region advises, "Just start."
The purchase of VCP is expected to close during the third quarter, and would add technology for pet wellness plans to Covetrus' veterinary platform. Terms of the deal were not disclosed.
The three winners will receive college scholarships totaling $10,000 in 529 college savings plans. First place went to a high school student who developed a digital organizer for school assignments, classes and activities.
Tilson Technology Management, which is based in Portland, hired its first chief information officer, Jason Burns, whose background is in technology and applications in the construction industry.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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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.
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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.
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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