Arctaris Impact Investors has given itself until Dec. 16 to raise the money through a nonprofit.
economic development
Posted inBusiness, Maine, News
Transportation bond passed by voters will benefit Gulf of Maine Research Institute
The science nonprofit will receive $1 million to restore a crumbling pier on the Portland waterfront.
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Posted inBusiness, Maine, News
Maine hospitality industry plans free culinary training
A grant will fund training for 125 Mainers to fill gaps in the state’s food service businesses.
Posted inBusiness, Maine, News
Holiday campaign blitz aims to lure young professionals back home
Live and Work in Maine’s ‘Boomerang Weekend’ targets young Mainers who have left the state and may be visiting friends and family.
Posted inBusiness, Maine, News
Revised route for CMP transmission corridor provides new point of contention
Environmental regulators are considering a request from Central Maine Power to reroute 1 mile of its proposed corridor to avoid Beattie Pond, stirring up more questions about the controversial project.
Posted inBusiness
Maine foundation gets $450,000 to help forest-economy communities
The funds will support and assist the economic efforts of rural Maine communities that have been negatively affected by mill closures.
Posted inBusiness, Maine, News
New report shows outdoor fun is serious business for Maine’s economy
Activities like hiking, boating, hunting, gardening and golfing contribute more to Maine’s economy than they do in almost every other state.
Posted inBusiness, Lewiston-Auburn
End of an era: Auburn, Augusta Kmarts closing
The Auburn and Augusta stores were the last Kmarts left in Maine.
Posted inLewiston-Auburn, News
Developers eyeing 33 units and makerspace at former Pamco Mill
The Developer’s Collaborative has owned the building since 2014, but has submitted a site plan to city staff.
Posted inBusiness, Maine
State gets to work on new economic development plan
Despite troubling demographics and other potential pitfalls, Maine aims to create a 10-year road map to a better economic future.