Wednesday was reopening day for such businesses in Cumberland, York and Androscoggin counties, but many decided to wait.
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Posted inBusiness, Local & State, News
Portland modifies business aid program, starts second round of funding
More small businesses struggling to make ends meet during the pandemic will be eligible for small loans and grants from the city.
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Posted inBusiness, Local & State, News
Maine’s leading workers’ comp insurer to pay $17 million dividend
The MEMIC Group will pay the dividend to its members in the coming weeks, with the average employer receiving more than $1,100.
Posted inBusiness, Local & State, News
Gorham textile designer wins $100,000 business prize
Erin Flett is this year’s grand prize winner of $100,000 in Greenlight Maine, a television pitch competition in its fifth season.
Posted inBusiness, Local & State, News
ImmuCell receives $500,000 loan from Maine Technology Institute
The Portland-based animal health company will use the funds to help increase its production capacity for one product and complete the development of another.
Posted inBusiness, Local & State, News
Portland startup gets expedited federal review for stroke recovery product
A program developed by MedRhythms uses sensors, music and software to help stroke survivors overcome walking impairment.
Posted inBusiness, Local & State, News
CMP rolls out program to regain customer trust in billing accuracy
Following a series of controversies over billing and collection practices, CMP promises to issue a $25 credit to any customer who receives an inaccurate billing statement.
Posted inBusiness, Local & State, News
Revamped emergency loan program remains a short-term fix
Changes to the Paycheck Protection Program extend deadlines and loosen restrictions, but they still offer no solution to long-term revenue shortfalls.
Posted inBusiness, Local & State, News
Pandemic poses unique challenges for Portland-area startups
In an environment in which failure is commonplace even in the best of times, not all local startups have been able to survive the coronavirus disruption.
Posted inBusiness, Local & State, News
Greenlight Maine pitch competition to announce season 5 winners
Gorham textile designer Erin Flett, Humphrey’s BBQ Inc. of West Newfield and I-tell Alert of Winthrop will compete for $100,000.