April 2, 2018 EditionEdition

🔒Gorham Savings readies LaunchPad for another season

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 […]

🔒IN SHORT

New hiresCornerstone Financial Planning in Portland hired Nichole Myers as portfolio manager.New Castle Hotels & Resorts, a...

🔒A sea change is happening in opportunities for women in Maine’s banking industry

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.

🔒cPort Credit Union CEO Gene Ardito talks about building membership, attracting talent

Gene Ardito, 58, is president and CEO of cPort Credit Union, which has more than $200 million...
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🔒Bootstrapping 101: Financing a startup is about more than just money

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.

🔒How To: Stop the exodus of promising young leaders from Maine?

The most honest answer I can give you on how to stop the flow of young people...

🔒As Maine agriculture evolves, farm financers aim to keep up

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.

🔒Where entrepreneurial spirit and financing collide

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.
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🔒Building a diverse workforce adds value to your company — here’s how to begin

Q: We know that having a diverse workforce adds value, but where do we start? We live...
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