The fund, which began with a Community Development Block Grant in 2011, helps small businesses get started and grow.
Maine business
Posted inBusiness, Local & State, News
Judge orders company sued in lobster embezzlement scheme to pay $4.5 million
The company never answered allegations that it was part of an operation to embezzle lobsters from a restaurant and lobster wholesaler in Saco.
advertisement
Posted inBusiness, Local & State, News
Maine paper industry gets a boost, with Jay mill in line for investment of millions
Verso Corp. plans to add products and increase production at its Androscoggin Mill in Jay, where about 500 people work.
Posted inBusiness, Kennebec Journal, Local & State
Chad Cummings answers Five Questions
The owner of Cummings Greenhouse and Produce talks about the importance of hustling to get all the work done.
Posted inBusiness, Local & State, News
Mortgage servicer to pay attorney fees, fines for Maine foreclosures
Homeowners were foreclosed upon by a Florida-based loan servicer, Ocwen Loan Servicing, on behalf of a lending company that no longer existed.
Posted inBusiness, Local & State
New owner plans restaurant space on Portland wharf
Christopher DiMillo has purchased the Berlin Mills Wharf on Commercial Street for $4 million, but has not yet decided what he’ll do with the the rest of the 1.5-ace property.
Posted inBusiness, Local & State
Portland ship designer receives $8 million Navy contract
Navatek’s contract will allow it to expand its staff from 22 to 50, and deepen its partnership with the University of Maine.
Posted inBusiness, Food & Dining, News
Holy Donut founder moving to Hawaii to watch daughter catch a wave
But don’t worry, you’ll still be able to get your dark chocolate sea salt doughnut fix.
Posted inBusiness, Local & State
Stonewall Kitchen sold to Boston investment firm, with eye toward growth
The York-based specialty foods company employs about 300 people in Maine.
Posted inBusiness, Local & State, News
Wex reports 19% revenue increase for second quarter
The Portland-based payment processing firm’s adjusted net income increased by 10 percent from a year earlier.