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Economic Development

Bangor company receives $1M federal grant to advance its growth

Staff |

Activas Diagnostics in Bangor has received a $1 million grant from the National Institutes of Health to further its work on a diagnostic sleep monitoring system as well as develop a plan for scaling...

Former L.L.Bean senior VP picked to lead Maine Center Ventures

James McCarthy |

A seasoned business leader with a strong entrepreneurial background has been selected to be the first ongoing CEO of Maine Center Ventures, a new tax-exempt entity developed as part of Maine Center...

Millinocket Housing Initiative making progress

Maureen Milliken |

The Northern Forest Council has already bought six houses and multi-family buildings and renovated and rented out three in a program aimed at helping the town's downtown revitalization.

Nasson College's turnaround nearly complete with conversion of Marland Hall into senior housing

Maureen Milliken |

Rob Reinken was at his latest development project a few weeks ago when he saw a woman out in front taking photos. He asked if he could help her.

WalletHub ranks Maine at No. 31 for business startups

Staff |

In a WalletHub assessment of the best and worst states in which to start a business, Maine came in at No. 31, sandwiched between Tennessee (No. 30) and New York (No. 32).

Augusta, developer partner on 'addition by subtraction'

Maureen Milliken |

The city took advantage of a bad situation -- two distressed residences on upper Bridge Street — and with the help of a local developer made it a plus.

Falmouth Center proposal tests town's commercial goals

Maureen Milliken |

The town grapples with whether a Falmouth Center mixed-use proposal matches its vision for its U.S. Route 1 commercial corridor and desire for more development there.

MDOT 'ready to dig in' on building freezer warehouse without Americold

Renee Cordes |

The Maine Department of Transportation will go ahead with plans to build a cold-storage warehouse in Portland without Americold Realty Trust (NYSE: COLD) as a partner, welcoming the chance to take a...

GrowSmart Maine launches Maine Smart Growth Awards


GrowSmart Maine is launching the Maine Smart Growth awards, which are designed to recognize the diverse elements that contribute to smart growth, and also serve as real life illustrations...

Gorham Savings celebrating 150 years with 150 days of giving

Staff |

Gorham Savings Bank, in celebration of its 150th anniversary, plans to grant up to $150,000 of wishes over the next 150 days as part of a community giving program called “Wish Tree.”