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Economic Development

Our Town Belfast hires new executive director


Our Town Belfast has named Zach Schmesser as its new executive director, effective Jan. 1.

KeyBank donates $450K to CEI to support job creation in rural Maine


KeyBank Foundation has donated $450,000 to Coastal Enterprises Inc. to support small business growth and job creation in Maine’s rural communities.

Poland Spring added $201 million directly to Maine economy in 2016

Renee Cordes |

Poland Spring Water Co.'s total economic impact on Maine in 2016 amounted to more than $390 million, according to a commissioned report released by the company on Tuesday

Top Gun expands to include aquaculture startups


The Maine Center for Entrepreneurial Development and its partners are expanding next year's Top Gun entrepreneurship program to include companies in the aquaculture sector.

How To: Turn macro trends into long-term profits

Catherine Reilly deLutio |

The best Maine businesses know that long-term success means looking beyond industry fads to the macro economic and demographic trends that influence long-term profits.

CEI's financing activity in 2017 tops $50 million


In its annual impact statement for 2017, Coastal Enterprises Inc. reported Wednesday that its family of organizations deployed $51.7 million to 79 business in mostly rural regions across Maine and...

Bus route creates new transportation options in western Maine


A new Farmington-Rangeley bus route, which begins Tuesday, is the start of what Western Maine Transportation Services hopes will be a new approach to public transportation that would help shore up...

Maine Food Insider: Waterville Winter Farmers Market finally finds a home


It's taken three years of moving around, but Waterville's Downtown Winter Farmers Market is excited about the opportunities offered by its new "forever" home at the Alfond Youth Center.

SBA holds Aroostook HUBZone workshop


Recent federal changes to the Small Business Administration’s HUBzone program mean that some businesses in Aroostook County qualify for preferences on federal contracts. The SBA is holding a...

Maine's female entrepreneurs best in nation for jobs and revenue growth

Over the course of the past 20 years, Maine's female entrepreneur sector has become a national leader for job and revenue growth.