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Experts at a forum on Wednesday said the economic benefits of Maine’s broadband Internet expansion hinge on the support of local municipalities.
Statewide sales of single-family existed homes in March have increased by nearly 13% from last year, but the median sales price has declined by almost 5% to $162,000.
Government and college officials celebrated the University of New England’s new science-focused campus in Morocco at a dedication ceremony this week.
It will become more difficult for so-called “patent trolls” to “harass and extort money” from Maine businesses after Gov. Paul LePage signed a new bill into law this week.
A new $1.1 million revolving loan program for small- to mid-sized businesses in York and southern Oxford counties is set to begin in June.
Two Maine-based companies — one in the information technology space, and another in the lumber industry — are expanding after acquiring local businesses this week.
Several nonprofits in western Maine are facing declining revenues after some communities have voted to decrease or completely cut taxpayer-supported funds.
The Maine Department of Economic and Community Development is seeking applications for grants intended to spur job creation in the state’s economically disadvantaged regions.
A national medical real estate investment firm has purchased $19 million worth of medical buildings in central Maine, including one leased by MaineGeneral Health in Oakland.
Rep. Chellie Pingree announced Wednesday that the Maine Arts Commission would receive a $720,000 National Endowment for the Arts grant and that several Portland-area arts groups would receive a total of $107,500 in NEA grants.
WMTW-TV is moving its downtown Portland studio to a “broadcast-ready facility” in Westbrook this fall.
An affiliate of the Franklin Community Health Network announced Wednesday that it will receive a $2 million grant over three years from the U.S.
Gov. Paul LePage has appointed John C. Marsh Jr., senior vice president of Bath Savings Institution, to serve on the MaineHousing board of commissioners.
The Portland International Jetport today reported strong passenger growth that rose 6.7% over the same month last year.
A report released Tuesday by the Maine Department of Labor concludes that the state could face a serious shortage of health care professionals in dentistry and psychology in the coming decades due to an aging workforce in those sectors.
Sponsored by Kennebunk Savings Bank
Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.
This week alone, Portland is set to welcome around 16,000 cruise ship passengers.
But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.
When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.
More than half of the respondents, 53%, said cruise ships benefit the overall economy.
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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