About $553 million in forgivable loans has been approved for Maine businesses under the Paycheck Protection Program’s current phase.
maine businesses
Solar installer Insource Renewables joins ReVision Energy
The two Maine-based, employee-owned companies said the deal will help them tackle the regulatory and workforce challenges in Maine’s rapidly expanding solar market.
Recreational pot sales have more than doubled since Maine’s market launch
As more stores, manufacturers and cultivators have been approved, retailers have been able to expand product varieties and lower prices.
Maine, New England scientists team up to boost region’s sea urchin fishery
Sea urchins are a hot commodity in Asian markets, and one University of Maine scientist believes they could become a valuable economic driver for the region.
Maine employers ease off testing as cannabis sales soar
Large employers such as Bath Iron Works and MaineHealth no longer test workers for the active ingredient in marijuana unless safety needs or federal rules require it.
FocusMaine to expand statewide internship program under new name
The program, renamed Maine Career Compass, has served more than 2,000 students and over 80 employers across the state since it was launched in 2017.
More than 6,000 Maine employers receive new pandemic aid
About $463 million in new Paycheck Protection Program forgivable loans has been approved in the month since applications started.
The Wrap: Extend cocktails to go? Plus new restaurants in Yarmouth and Portland
And more Valentine’s options for all of you procrastinators.
Three Maine solar projects receive over $17 million in federal loan guarantees
The loan guarantees were awarded through the Rural Energy for America Program, operated by the U.S. Department of Agriculture’s Rural Development office.
Gov. Mills offers compromise to give tax break to 99% of business loan recipients
The proposal would extend full state tax relief to the first $1 million received by small businesses and nonprofits under the Paycheck Protection Program.