Mainebiz

Mainebiz is a media company that delivers business news, insights, and analysis specifically tailored for business owners and decision-makers in Maine.

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'Walk boldly into the room' and other insights from the Mainebiz Women's Leadership Forum

5 days ago | mainebiz.biz | Renee Cordes

After a dozen years as a writing teacher, Laura Rinck was feeling restless in her career. One day she took the leap and asked a student's parent who worked in advertising about becoming a summer intern with her firm. Rinck landed the summer internship and has been working in the industry ever since, starting Rinck Advertising in Lewiston more than 25 years ago. “My career started with an act of courage,” Rinck told a Mainebiz forum in Portland on Thursday.
Portland moratorium on hotel development is extended by six months

1 week ago | mainebiz.biz | Tina Fischer

The Portland City Council voted unanimously Monday night to extend the ban on new hotel development in the city to give policy makers more time to review a controversial zoning restriction tied to the housing shortage. The current 180-day moratorium was set to expire June 2, before policy makers would have had time to craft potential amendments to the zoning ordinance that was designed to make hoteliers pay for new affordable housing.
Freeport approves TIF funding for senior affordable housing

1 week ago | mainebiz.biz | Tina Fischer

Freeport Town Council has approved tax increment financing to support a 42-unit affordable housing facility off U.S. Route 1. Varney Heights Senior Apartments will be built on a 9.2 acre lot at 22 Varney Road. It will be a joint project between the Freeport Housing Authority and Augusta-based developer Timothy Gooch. The housing authority is leveraging town TIF funding with MaineHousing grants and loans and low income housing tax credits to fund the $16 million project budget.
UMA's Saco Center campus cuts ribbon on new location

1 week ago | mainebiz.biz | Laurie Schreiber

The University of Maine at Augusta cut the ribbon on the new downtown location of its Saco Center at 209 Main St. The new location was designed to reflect how today’s students access learning — with smaller classrooms, high-speed connectivity and strong local support services, according to a news release.
166 Maine communities awarded $8M to strengthen climate resilience

1 week ago | mainebiz.biz | Laurie Schreiber

Riverbank stabilization, battery-based backup power, heat pump installations and lighting upgrades are among the climate initiatives underway in 166 communities that received a total of $8 million in grants earlier this month. The money comes through the Community Resilience Partnership, established in 2021 and is one of a number of storm preparedness and recovery programs created or renewed by legislation signed into law in April.
Teen tech trailblazers shine in Maine App Challenge

1 week ago | mainebiz.biz | Renee Cordes

Out of 127 high school technology innovators from 15 high schools who applied to this year’s Maine App Challenge, three took home prizes for the mobile applications they created. The annual contest is sponsored by Tyler Technologies Inc. (NYSE: TYL), a Plano, Texas-based provider of software and technology solutions with more than 1,200 employees in Maine. This year’s first place winner was Eugene Irving Frost of Rumford's Mountain Valley High School.
Northern Light claws back $49M for pandemic care

1 week ago | mainebiz.biz | Renee Cordes

Bangor-based Northern Light Health will claw back $49 million for care delivered during the pandemic. The delayed payback, approved by the Federal Emergency Management Agency and announced by the office of U.S. Sen. Susan Collins, R-Maine, will reimburse costs associated with the health system's COVID response.
A roundup of Maine's commercial real estate sales from April 2025

1 week ago | mainebiz.biz | Laurie Schreiber

Here’s a roundup of commercial sales in Maine first published in the Tuesday Real Estate Insider during April. (The Thursday Real Estate Insider compiles real estate leases.)The information is provided by brokerages and thus does not include privately managed transactions. We are also working to get more of a geographic representation, so if you have a transaction that's not listed, feel free to send it our way.
Mills, regional peers seek to smooth Canada trade tensions in cross-border summit

1 week ago | mainebiz.biz | Renee Cordes

Aiming to smooth over U.S. trade tensions with Canada, Gov. Janet Mills and five other regional governors have invited six Canadian premiers for a cross-border summit in Boston. Maine’s Democratic governor, joined by her peers from Massachusetts, New York, Connecticut, Rhode Island and Vermont, extended the invitation to the premiers of New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Québec. A meeting date has not yet been set.
Large condominium project is underway near Pride’s Corner in Westbrook

1 week ago | mainebiz.biz | Tina Fischer

An 118-unit condominium development at 171 Brook St. near Pride’s Corner in Westbrook is under construction by South Portland-based Optimum Construction Inc. Developer Brooks Edge Farm LLC is growing the 48-acre neighborhood in five phases. Phase one went under construction in the spring of 2024, Fifty of the cottage-style units have already been sold and 30 have been built. Scarborough-based Walker Team Real Estate is the listing broker, handling pre-sales.