Maine Development Foundation

CEOs at forum say leadership style has changed in past two years

Top leaders at the Mainebiz CEO Forum said COVID has changed how they lead, with an eye toward greater flexibility and empathy for employees.

Maine Development Foundation receives $750K to revitalize historic downtowns

The money will be used for historic revitalization, preservation and other upgrades of historic downtown buildings. It’s expected to spur private sector investment that in turn will increase the value and use of historically significant properties.

Maine Development Foundation names 2020 Downtown Center Award winners

Award-winners in Bath, Saco and Skowhegan recognize the importance of resilient, vital downtowns, particularly in the face of the COVID-19 pandemic, the organization said.

Economic growth report says Maine’s red flags shadow short-term economy

The 2020 Measures of Growth report says there's reason for optimism about Maine's economy, but short-term issues like racial and ethnic income equality, lack of investment in R&D and poor school math performance must be addressed.
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Renewable energy partnership boosts Millinocket mill site redevelopment

Legislation approved last year allows Our Katahdin, owner of the former Great Northern Paper site, to partner with Brookfield Renewable to sell energy to potential tenants in a redevelopment plan that aims to lure new forest products innovators, data centers and more.

Five Maine mill towns share $1M forest products innovation grant

The five communities, all hit hard by the demise of the traditional timber industry, are looking at innovative ways to take advantage of the abundance of timber in the region — as well as former mill sites.

Augusta, Gardiner downtown associations partner on emergency business grants

Grants of up to $3,000 will be awarded weekly through April to small businesses affected by the COVID-19 crisis in the downtowns of the two Kennebec River cities.

Three Maine towns receive entrepreneur, innovation development help

Skowhegan, Monson and Lisbon will get $70,000 in grants and training to help develop local entrepreneurship and innovation networks in a program created by the National Main Street Center and funded through the Maine Community Foundation.
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Communities urge state, feds to do more to help Maine small businesses

The 10 towns in the Maine Development Foundation Main Street Maine program have a list of suggestions for Gov. Janet Mills and the state's congressional delegation that may help businesses stay afloat during the coronavirus crisis.

Ellsworth business group is named a Maine Downtown Affiliate

After an extensive application process, Heart of Ellsworth joined 17 other community organizations from across the state in the Maine Downtown Center Affiliate Program.
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