Eastern Maine Development Corp.

New Markets Tax Credits now available through EMDC affiliates

Eastern Maine Development Corp. learned earlier this month that three of its affiliates have become certified as Community Development Entities, a federal designation that allows them to participate either directly or indirectly in the New Markets Tax Credit Program.

USDA’s $300K in grants to foster job creation in rural Maine

Six Maine economic development organizations and towns will get a total of $296,000 through U.S. Department of Agriculture grants designed to boost job creation in rural areas.

80 of 575 Verso Paper workers still seek jobs

When Verso Paper Corp. shuttered its paper mill in Bucksport last December, 575 workers lost their jobs.

Bar Harbor Chamber names new leader

The Bar Harbor Chamber of Commerce has named a former Eastern Maine Development Corp. employee as its...
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Job training program helps ex-Verso workers

Some workers who were laid off from Verso Corp.’s former Bucksport mill are being retrained for woodworking...

EMDC gets federal help for economic recovery

The Eastern Maine Development Corp., a private, nonprofit organization based in Bangor, is receiving a $187,000 federal...

EPA awards Maine $3.6M for cleanup work

The U.S. Environmental Protection Agency has awarded Maine $3.6 million in grants to clean up and redevelop...
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