The mission-driven financial institution assisted 95 mostly Maine-based business clients with $35.8 million in financing during the 12 months ending Sept. 30.
maine economy
Posted inEditorials, Opinion
Our View: Getting Maine back to work
A think tank’s report identifies child care subsidies and other aid to families as a necessary step toward full economic recovery.
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Posted inMaine Voices, Op-Eds, Opinion
Maine Voices: Business, higher ed have the same problem – can they work together to solve it?
The answer for Maine lies in presenting a new education and career pathway that combines work and studies at the same time.
Posted inBusiness, Local & State, News
Electricity prices will squeeze Mainers’ budgets next year
But state and federal agencies say they are already lining up aid to offset an expected jump in January.
Posted inBusiness, Local & State, News
Pandemic points out need for better economic support for marginalized Mainers, report says
A report from the left-leaning Maine Center for Economic Policy found that women, people of color and front-line workers have been disproportionately harmed by the coronavirus pandemic.
Posted inBusiness, Local & State
Maine launches $20 million grant program for food infrastructure
The new Agricultural Infrastructure Investment Program relies on federal funds and will be administered through the state Department of Agriculture, Conservation and Forestry.
Posted inBusiness, Local & State, News
Maine’s job recovery stalled in September as COVID-19 surged
Maine’s workforce shrank last month, even as thousands of people lost access to enhanced federal unemployment aid.
Posted inBusiness, Local & State
Gov. Mills announces $139 million in spending for Maine’s economic recovery
Investments include $20 million for a new small business grant program, $39 million to help lower monthly health insurance premiums and $80 million to replenish the state’s unemployment trust fund.
Posted inEditorials, Opinion
Our View: Global causes, local impacts with supply chain woes
Mainers are seeing higher prices and few choices due to the worldwide disruptions caused by COVID.
Posted inBusiness, Local & State, News
Vital services that rely on MaineCare struggle to compete for workers
In a tight labor market exacerbated by the coronavirus pandemic, managers of care facilities funded by the state’s version of Medicaid say hiring has never been harder.