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Economic Development
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Meet the 2024 Mainebiz Women to Watch
Updated: August 5, 2024Now in their 15th year, the Mainebiz Women to Watch awards honor women who have demonstrated leadership in wide-ranging sectors of business, health care and the nonprofit world.
Updated: August 5, 2024
Women to Watch: Penny Thompson is a city manager with a knack for communicating, learning
Updated: August 5, 2024Managing the City of Caribou means being a generalist and learning from others, says Thompson. She believes in education as a tool for creating a better, more engaged municipal workforce.
Updated: August 5, 2024
Women to Watch: Kristina Cannon is at the forefront of Skowhegan's revitalization
Updated: August 5, 2024More than $650 million of investment is underway in the town, and Kristina Cannon leads an economic development group, Main Street Skowhegan, driving much of that growth.
Updated: August 5, 2024
$21M will go to help 68 Maine working waterfronts damaged by storms
Updated: July 24, 2024The waterfronts damaged in January will receive funding to cover a wide range of needs, from rebuilding damaged wharves to repairing fuel and electrical systems.
Updated: July 24, 2024
Boston Fed chief tells Mainebiz: Data will dictate the rate-cut timing
Updated: July 22, 2024Susan M. Collins talked with Mainebiz as she wrapped up a visit to Biddeford, Bangor and Millinocket for meetings with business leaders and local companies.
Updated: July 22, 2024
‘Zoomer’ housing boom: Pent-up demand sparks Gen Z buying spree in Maine
Updated: July 22, 2024For a generation whose oldest members are only a few years out of college, owning a home is becoming an important goal — and, increasingly, an achievable one.
Updated: July 22, 2024
Lewiston Housing receives $2.5M for ongoing Tree Streets revitalization
Updated: July 18, 2024The supplemental HUD funding will help advance construction and redevelopment of affordable and mixed-income housing in the neighborhood.
Updated: July 18, 2024
$61M investor fund will finance 5 Maine affordable housing projects
Updated: July 15, 2024Affordable housing projects are planned for Bath, Belfast, Bangor, Augusta and Lewiston, offering a total of 222 units.
Updated: July 15, 2024
Mi’kmaq trout hatchery is among Maine recipients of $7M in federal funds
Updated: July 2, 2024An expanded hatchery, considered a game-changer, was one of 12 awardees in northern Maine. They also included projects aimed at workforce and child care development and municipal infrastructure.
Updated: July 2, 2024
Forest-based economy, jobs will be focus of Maine higher ed partnership
June 28, 2024Collaborations will integrate diverse fields such as artificial intelligence, wood-derived alternatives to plastic, and rural development, in order to foster resilient forest communities.
June 28, 2024
Ellsworth gears up program for small-business consultations
June 27, 2024The owner of a mobile bakery said she’ll look for input on marketing and advertising, packaging for mailing fragile desserts, and business sustainability.
June 27, 2024
Site work begins at YWCA housing project in Bar Harbor
June 21, 2024Since the purchase last year, a steering committee has been working with a team of professionals to formulate a plan to create year-round rental housing.
June 21, 2024
Improvements planned for Ellsworth’s Merrill Park
Updated: June 24, 2024A community group called Heart of Ellsworth aims to highlight a little-known pocket park.
Updated: June 24, 2024
$2.8M industrial space in Kennebec County aims to serve mid-size contractors
June 19, 2024The multi-tenant facility is sorely needed, said the developer, a roofing contractor who navigated a tight real estate market for his own company’s expansion.
June 19, 2024
WalletHub: Maine's economy ranks among the worst in the US
June 18, 2024The analysis by personal finance website WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength.
June 18, 2024
Portland’s post-pandemic recovery has been uneven, MIT study says
June 18, 2024Workforce shortages and the lack of affordable housing are among the challenges, but there's another key need: Businesses want the city to build more public restrooms.
June 18, 2024
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