Flowfold

Flowfold acquired by Trenton-based maker of winter gloves and mitts

All 13 Flowfold employees, including its two founders, will stay with the company under the ownership of Tempshield LLC.

State-sponsored worker retirement savings program surpasses $1M

The program is anticipated to reach 200,000 Mainers who work for employers that have five or more employees but didn’t offer a retirement savings plan.

Statewide coalition backs $30M bond for Maine trails

If lawmakers approve the $30 million Maine Trails Bond, the proposal would then go to voters for approval.

Watershed: Maine’s outdoor recreation economy generated $2.8 billion in 2021, report shows

The figure represents a 19.3% increase over 2020, the latest national barometer released shows.
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The art of the pitch: Maine experts offer advice for those who want to swim with sharks

In this Q&A from our new Startup Hub issue, Mainebiz curates advice from the leaders of three businesses on how to succeed in the competitive "shark tanks" of investor pitches and pitch-off contests.

🔒On the Record: Hüga Heat founders seek a warm, comfortable seat at the table

Southport-based entrepreneurs Jocelyn Olsen and Colin Greig have big plans for Hüga Heat, a maker of battery-powered heated seat cushions for outdoor use.

Maine Outdoor Brands launches advisory board to bolster workforce

A new 10-member workforce advisory board aims to bolster industry efforts to attract, retain and build an inclusive workforce.

In ‘year like no other,’ SCORE Maine supported 8,200 small businesses and entrepreneurs

The small business support organization also helped launch 509 new businesses that created 1,412 jobs in 2020, the organization's annual report shows.
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Gorham Savings relaunches LaunchPad business pitch contest

A year after canceling in 2020 at the start of the coronavirus pandemic, organizers open the 2021 edition with a few tweaks, including a virtual finale that will be livestreamed.

🔒2021 forecast for Maine’s manufacturers: The word of the year is ‘persist’

When the pandemic struck, manufacturers of all types turned on a dime to produce PPE and other critical supplies. Now the goal is to keep them coming.
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