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One of nine states selected for a national initiative called the Workforce Innovation Network, Maine will receive up to $100,000 in grant funding and coaching to connect workers with jobs. Maine’s job recovery slowed substantially in late 2020.
The enlarged Kennebec Savings Bank has 171 employees and total assets of $1.317 billion after joining forces with its smaller regional peer in a merger that closed Friday afternoon.
The program, which provides longer-term help than the earlier one, is funded by $200 million from the COVID-19 relief act passed by Congress in December and is available to renters whose finances have been affected by the pandemic.
The Governor’s Energy Office is leading development of a research array off the southern Maine coast. Consortium membership could strengthen the state's research ties nationally and internationally in floating offshore wind technology.
A former official with the Boston Fed was the keynote speaker at the annual Mainebiz "Five on the Future" event, which was held virtually for the first time.
In existence for about a year and a half and numbering nearly 100 members, the advocacy organization’s goal is to protect and grow jobs in Maine. Many members are family-owned, multi-generational businesses.
Buyer demand for Maine real estate remains strong. Sales volume jumped 18.38%, comparing January 2021 to January 2020. But December sales were up 31.53% over December 2019. For-sale home inventory is historically low.
Named after its IRS section code, the 1031 benefit allows an investor to put off capital gains tax and has been spurring commercial real estate transactions for decades. But that could change for high-income investors.
Augusta native Melville Fuller was chief justice for, and voted in favor of, the Plessy v. Ferguson ruling, which validated racial segregation; the Kennebec County Commissioners voted to move a statue of him from its prominent spot at the Kennebec…
Philanthropist Robert G.
A year ago, respondents shared their predictions about the economy in 2025 amid concerns about inflation, wage pressures and the new administration in Washington.
Around 43% expressed cautious optimism, acknowledging potential ups and downs, while roughly 27% felt pessimistic about the year ahead.
So, what do you think?
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 More
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.
Learn More
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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