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Augusta-Waterville
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Colby economic outlook projects an upward trajectory, with some qualifications
December 18, 2020The annual Colby Economic Outlook projects that Maine will bounce back by the end of 2022, but that depends on how well service industries recover, federal stimulus, the success of the vaccine rollout and when the COVID-19 surge can be tamed.
Fishing industry grapples with state’s offshore wind array plan
December 17, 2020“You’re shutting down habitat that we fish now so you’ll be displacing a lot of guys who are fishing out there,” said one fisherman at a webinar held by by the Governor’s Energy Office and the Maine Department of Marine Resources.
Q&A: Waterville startup mentor helps entrepreneurs connect ideas with markets
December 16, 2020Nick Rimsa, co-founder of Tortoise Labs, says, “People don’t need the background or the expertise or the experience to do this, and they don‘t need to be technical. They just need to be curious.”
Central Maine Growth Council names 'Developer of the Year'
December 14, 2020The economic development organization gave its annual prize to the co-owner of a business that has opened four locations across central Maine in the past 16 years.
Program for female entrepreneurs aims to launch more startups in 2021
December 14, 2020Propeller, a collaboration between CEI Women's Business Center and Tortoise Labs, of Waterville, a free six-week program that helps female entrepreneurs with tech-enabled business ideas, counts six startups among its successes this year, and is…
Two new promotions seek to shore up Maine's seafood industry
December 14, 2020Seafood producers worldwide face the challenge of rapidly changing markets. In Maine, the industry is responding with two new promotions to drive demand at home and in restaurants.
Augusta Civic Center finding ways to slow the revenue-loss spiral
December 10, 2020The city-owned venue hosted the Maine Legislature for three days in December, and it's possible it'll host them again. But the big-money conferences that put it in the black for the past five years will have to wait until after the pandemic.
HospitalityMaine chief urges U.S. lawmakers to save struggling restaurant sector
Updated: December 10, 2020A $908 million federal relief bill "is needed before Congress recesses for the holidays, but we only consider this a down payment on a larger bill needed when they reconvene in 2021," the president and CEO of HospitalityMaine told Mainebiz.
First cannabis store in Kennebec County to open this week, as recreational market expands
December 7, 2020The dispensary of recreational-use marijuana is also the first for Eliot-based Sweet Dirt, a cannabis company that has operated in Maine's medical marijuana market since 2015. The company plans several other new stores.
Hampden-based credit union unveils leadership succession plan
Updated: December 4, 2020In a two-step transition announced this week, Maine Savings Federal Credit Union Chief Operating Officer Vanessa Madore will succeed John Reed as president and CEO by January 2023.
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