Garvan Donegan

The $40 million investment converted close to two-thirds of a former cotton mill in Waterville into 65 residential units and 4,000 square feet of ground-floor commercial space.

Now in its fifth year, Dirigo Labs is a 16-week program aimed at helping companies with early traction and growth potential reach the next level.

A proposed high-performance computing hub, led by the Central Maine Growth Council, has been awarded $6.2 million  in congressionally directed spending.

Forecasts run the gamut from the specter of a recession to a dose of practical optimism from a coffee entrepreneur.

Business leaders from around the state have varying expectations for the coming year.

The Levine's Discovery Headquarters is set to open in fall 2027 in a renovated building on the school's Waterville campus.

Grants will provide up to $25,000 funding for exterior building upgrades that enhance commercial areas of the Kennebec County town. 

The Central Maine Growth Council has named Matthew Boulerice its 2025 "Developer of the Year," in recognition of his decade-long commitment to rehabbing neglected properties in Waterville and beyond.

The Waterville-based regional council has hired a new innovation and development coordinator to help drive business growth in central Maine.

"There a lot of good stuff happening in Waterville," the company's president told Mainebiz as the family-owned discount retailer gets ready to open its 19th store there in April.