Founded by Colby and Thomas college students, the businesses have their roots in the Greenlight Pitch competitions backed by both schools, which have attracted $20 million in investments over five years of competition.
economic development
Posted inBusiness, Local & State, Uncategorized
Fast-growing Wex to acquire two companies in $1.7 billion deal
The acquisition would enhance Wex’s payment processing position in the global travel industry.
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Posted inLocal & State, News, Politics
Mills to point out her priorities in State of the State adress Jan. 21
Maine’s governor will highlight the achievements of her administration in 2019 and is expected to talk about the challenges facing the state and goals for 2020.
Posted inBusiness, Local & State, News
Freeport considers tax break for L.L. Bean headquarters expansion
The retailer is requesting a $10 million tax increment financing district that could help offset its future property tax costs and fund community projects.
Posted inLocal & State, News
Health care, corrections, broadband at top of state legislative agenda
The Legislature will return with a long list of work before including another attempt to pass a package of borrowing bills aimed at building infrastructure and boosting the economy.
Posted inBusiness, Local & State, News
Higher wages, bigger labor force at center of Maine’s 10-year economic plan
The state’s first long-range economic plan in 2 decades will go to the Legislature for consideration of its recommendations.
Posted inBusiness, Franklin, News
Prospective Saddleback buyer nears deadline to raise $2 million to close the deal
Arctaris Impact Investors has given itself until Dec. 16 to raise the money through a nonprofit.
Posted inBusiness, Local & State, 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.
Posted inBusiness, Local & State, 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, Local & State, 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.