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From oyster growers to a maker of fruit snacks from apple cider remains, food businesses in Maine received cash awards that can play a big role for small companies looking to grow.
Bangor Savings Bank has hired Mike Adams as vice president, senior fiduciary officer and counsel for the bank's wealth management group.
The Portland conference, held for the first time since 2019, offered sessions on a range of topics and networking events for budding and wannabe entrepreneurs.
The 4,000-square-foot building, slated for completion next spring, is more than double the size of the existing branch and will offer amenities like a member community room.
Founded in 1972, Avesta is the largest nonprofit affordable housing provider in Maine. It manages more than 150 properties and has 800 new homes and units in development.
Small, rural businesses have unique financing needs. USDA’s federal capital helps to stimulate business creation and growth.
Bath Savings Trust Co. has hired Ashley Daigle as a trust and investment officer.
Norway Savings Bank has promoted Jacob Gikas to the branch manager of its Scarborough branch.
Founded by philanthropist Wendy Schmidt and her husband, former Google CEO Eric Schmidt, the program researches climate change challenges and explores adaptive and imaginative solutions.
Small Business Development Centers in Maine recorded one of their highest numbers of business starts during 2023. “I think the pandemic caused a lot of people to rethink things," says Maine SBDC Director Mark Delisle.
Founders of an oyster farm, a producer of goods using lavender buds, and a landscaping firm were recognized for their “spirit of innovation and perseverance.”
The location leverage proximity to a planned 126-acre development of senior and workforce housing, ski condos, restaurants, commercial space and assisted living facilities.
Franklin Savings Bank, which operates eight branches in Maine, has hired Michelle Grimnes as vice president and human resources director.
First-quarter income was improved by releasing $2.1 million that had been set aside for credit losses, the bank said.
The branches will be permanently shuttered on July 12 as part of TD Bank's plans to 'better align our network' by closing 20 branches across multiple states.
Kennebec Savings Bank has appointed Michael Pietroski as vice president and retail regional manager for central Maine.
Sponsored by Kennebunk Savings Bank
As hotel construction continues across Portland — with 10 new projects approved before the city imposed a moratorium on new hotel development — developers argue that new hotels bring jobs, tax revenue and visitors.
In June, the city extended the moratorium by six months.
With a growing number of hotel projects underway or proposed, some ask whether the market is saturated. Activists argue that developers should focus on much-needed housing.
Meantime, hotel rates routinely exceed $400 a night in Portland, so there's still apparently demand.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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