Gorham Savings Bank’s LaunchPad program was started six years ago as a way for the bank to help startups who aren’t in a position to get traditional bank financing. The […]
Pat Weigel broke the banking industry's glass ceiling in Maine when she became Norway Savings Bank's first female president and CEO in 2001. Since then, an increasing number of women are moving into top-level executive positions both at Norway Savings and other banks and credit unions in Maine.
Erica Schmitz, a consultant for a health care nonprofit, has been sewing her own clothes since 2013. The Portland resident found out she wasn't the only one frustrated with the lack of realistic online body-sketching templates, so she decided to bootstrap her own company and tap into that market.
The farm finance sector is evolving along with Maine's farmers. Start-up farms have been established in sync with consumer interest in locally sourced foods — and older farmers are retiring, meaning farmland is available.
NPR's podcast called “How I Built This,” hosted by Guy Raz, offers compelling stories about the concepts of entrepreneurism and financing and how invariably they're intertwined in every business's efforts to succeed.