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MedRhythms Inc. and The Roux Institute unveiled a partnership Tuesday aimed at generating strategic research collaborations, internships and coop opportunities for Roux Institute graduate students at the Portland medical technology startup.
Six months after making its first acquisition, niche consultancy Readiness Associates is teaming up with CloudOak, an Ontario-based cloud technology service provider in a joint venture.
Mainebiz honors the eight remarkable members of the 2020 Next List in a virtual networking reception Thursday afternoon, and registration is free.
Maine placed No. 43 nationally in the Milken Institute ranking of how science and tech capabilities in each state spur job growth and wealth creation. Maine's ranking was down from No. 40.
"Keep driving forward and being ambassadors for the State of Maine, too," said Torey Penrod-Cambra, of Portland-based startup HighByte, in the second installment of Startup Maine's new virtual speaker series. More than 60 people tuned in to Tuesday'
The Portland-based animal-health company again reported a loss, but had sales of $1.13 billion from July to September, partly driven by veterinary practice demand that reached pre-pandemic levels in some parts of the world.
The Roux Institute Startup Residency is set to formally start in January 2021 with three to five participating companies.
The funds, awarded through two state initiatives, are targeted at locations needing broadband service for remote learning and for accessing telehealth resources.
Better alignment of educational systems with STEM workforce needs will help drive the high-paying STEM economy, Maine Department of Economic and Community Development Commissioner Heather Johnson said during a webinar on the topic.
Private equity-backed Foreside Financial Group announced Monday that it has acquired Integrated Compliance Solutions Group, of Hartford, Conn., for an undisclosed amount. The deal is Foreside's fourth strategic buy since early 2019.
WEX Chair and CEO Melissa Smith told Mainebiz the payments company is holding off on a decision until 2021, as most of the payment firm's employees continue working from home.
"Our sales momentum continues to be strong which is important to meeting our long-term growth targets and creates confidence in the future of WEX," said Melissa Smith, chair and CEO of the Portland-based financial technology service provider.
The challenge for business is not the shift to e-commerce per se, but how owners continue to manage their businesses in the new digital reality, experts on a business panel said.
"If there's a single problem, it's getting more people into this realm of making stuff," Waterville-based expert Nick Rimsa told viewers of Tuesday's webinar, for which close to 100 people had registered.
The Maine startup, which connects producers and the market through a digital platform, is partnering with the Roche Bros. supermarket chain as the demand for local food grows amid the COVID-19 pandemic.
As Mainers — or their smartphones — adjust timekeeping on Sunday, debate continues among lawmakers and businesses about the future of daylight saving time. New legislation could determine whether Maine ever observes it again.
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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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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