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Economic Development

Venture Hall gets $200K boost from MaineHealth, Unum US

Mainebiz Staff |

Portland-based MaineHealth, Maine's largest health network with member hospitals in 10 communities, and disability insurer Unum US, the third-largest employer in Portland, will each...

Poland Spring plans new bottling plant in western Maine

Nestle-owned Poland Spring is seeking a new site in western Maine, close to sources of spring water, in order to build a $50 million water bottling plant.

Maine in lower tier of U.S. states for economic impact of immigrants


Maine ranks 37th out of the 50 states and District of Columbia in WalletHub's new analysis of the economic impact of foreign-born populations.

Engineering News-Record names Dagher a 'Top 25 Newsmaker'


Habib Dagher, executive director of the University of Maine’s Advanced Structures and Composites Center, has been named one of 2016’s Top 25 Newsmakers by Engineering News-Record.

Businesses rally against 3% tax surcharge

Renee Cordes |

Representatives from a statewide, bipartisan coalition of Maine businesses held a press conference Thursday urging legislators to repeal the recently passed 3% tax surcharge on incomes exceeding...

Hall steps down at Portland chamber, looks to 'next chapter'

Peter Van Allen |

Chris Hall, who resigned Wednesday as CEO of the Portland Regional Chamber of Commerce, said he had considered making the move over the past six months.

Leading Maine firms put $200K toward first state startup accelerator

Lori Valigra |

Portland-based MaineHealth and disability insurer Unum US will each provide $100,000 and other support to collaborate with Portland startup accelerator Venture Hall on its inaugural startup...

Wellness Connection of Maine's cannabis business poised for growth

Lori Valigra |

As the legal jangling over Maine's new law allowing retail sales of marijuana continues, and would-be growers snap up commercial real estate around the state, the potentially new business brings with...

Aquaculture's impact in Maine almost triples

Lori Valigra |

Aquaculture is the fastest-growing food production business in the world, and it's already contributing nearly $138 million in both direct and multiplier or related economic impact to the...

Portland Jetport sets all-time passenger record

The Portland International Jetport today reported it reached an all-time record year for traffic in 2016, with 1,785,649 passengers. That total represents a 3.2% increase over 2015's 1.73 million...