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These remarkable men and women are not only adding to the state's economy, they're demonstrating leadership at a time when Maine needs it most.
When Jim Dinkle hands Terry Hayes, executive director of the Maine Municipal Bond Bank, an oversized fake check Thursday for $256,722.81, it will mark a huge milestone for Oakland commerce and technology park FirstPark.
Luke’s Lobster, a seafood company headquartered in Portland, and the Island Institute, a community development nonprofit in Rockland, have partnered to build an e-commerce platform for seafood producers.
Rarebreed, a veterinary services company, has completed additional financing that includes a "substantial minority investment" from a New York private equity firm.
The seating-solutions market at dedicated venues for competitive video-gaming is expected to have high growth potential. Hussey, based in North Berwick, is looking to be part of the growth.
With help from experts at the Maine Technology Institute, Paramount Planet Product won a National Science Foundation grant for its innovation. MTI has helped dozens of Maine companies apply for such grants.
The software company, started by a pair of local teachers, was the winner out of a field of 44 entrants that began in the pitch-off competition eight months ago.
The government software provider, which is based in Texas but employs nearly 1,000 people in Maine, said client operations have not been affected. But the company's website and external IT access remained shut down Friday morning.
A MEREDA Morning Menu panel with developers David Bateman, Jonathan Cohen and Ara Aftandilian discussed the need for more residential projects in the rapidly developing area, but warned changes proposed in Portland ballot questions would hurt it.
Despite a downward trend in home sales in April, May and June spurred by the COVID-19 pandemic, the market has bounced back and is close to eclipsing 2019's record year.
In a Q&A with Mainebiz, U.S. Sen. Angus King, I-Maine, shares his thoughts on the growing telehealth trend and how Maine can attract more innovative companies to the fast-growing niche.
Central Maine Growth Council is creating a $1.2 million startup accelerator supported by the EDA grant, while Maine Center for Enterprise Development is looking to provide infrastructure for the state's growing bioscience industry.
The telehealth trend, accelerated by COVID-19, is not limited to Maine. But the state is becoming an attractive market for for telehealth developers like Senscio Systems. The state's health care providers are embracing the trend, too.
The institute, part of Northeastern University in Boston, aims to create an "innovation hub" focused on technology and life sciences.
At 22 years old, he's already been working for years to figure out a way of converting hemp stalks into an efficient-energy product. Now he's on the verge of succeeding at his quest.
Jamey Seely replaces Erin Powers Brennan, who joined Covetrus’ predecessor company, Vets First Choice, in April 2018. Covetrus has undergone a series of leadership changes over the past year.