How This Tiny East Coast City of 70,000 People Is Churning Out Fast-Growing Startups

Cheryl RauInc., News

BY ANNA HENSEL Not only does Portland have less than one-tenth of San Francisco’s population, it’s also home to multiple companies that have raised tens of millions of dollars in funding. When it comes to the fastest-growing startup hubs in the U.S., it’s fairly easy for big cities like New York and San Francisco to dominate. Smaller cities like Portland, Maine, however, … Read More

Request for Proposals: FDI Services – China

Cheryl RauUncategorized

The Maine International Trade Center (MITC) seeks proposals from qualified applicants to support the Invest in Maine Initiative in China. Focus of the effort is on investment attraction in the Advanced Materials/Transportation, Life Sciences, and Food Processing sectors. Services to be provided by the qualified entity are: Outreach, lead development, prospecting, and follow-up that support the attraction of Chinese investment … Read More

Italian storage manufacturer Modula opens factory in Lewiston

Cheryl RauMainebiz, News

Modula, an Italian manufacturer of automated picking and storage solutions for factories and warehouses, recently established its North American headquarters by opening a new factory in Lewiston. The company held a ribbon-cutting ceremony Friday at the facility, which covers more than 102,000 square feet of production and engineering space and houses 50 people, according to the company. Modula said it … Read More

Regional Reimbursement Program: Application Deadline Oct. 16

Cheryl RauNews

International promotion of Maine and its business, economic, and workforce assets are critical to the state’s future growth. MITC and DECD’s Invest in Maine initiative seeks to strategically market the state within specific markets such as China and Western Europe; it also seeks to market specific industries with a statewide presence: food processing, life sciences, advanced materials, and aerospace. However, … Read More

State of Maine Trade Mission: Japan & China

Sarah MorrisseauEvents

Maine Governor Paul LePage, Maine International Trade Center, and the US Commercial Service will lead a delegation of Maine businesses and educational institutions on the trade mission to Tokyo, Japan and Shanghai, China in October. For the past decade, China and Japan have been important cornerstone markets for Maine’s internationally active business community – ranking second and fourth in 2014 … Read More

Join Invest in Maine for Composites Europe 2015

neilEvents, News

Composites Europe 2015 will be held in Stuttgart, Germany, September 22-24. More than 450 exhibitors and some 10,000 visitors are expected. Maine has built an international reputation in composites. The show is a chance to showcase Maine’s across this sector – from bridge and boat-building to technologies to medical devices, R&D and workforce development. Options to Exhibit MITC Booth, Hall … Read More

A boon for boat builder: Millennium Marine grows jobs in Eastport

Sarah MorrisseauEvents, Mainebiz

BY LAURIE SCHREIBER The boatbuilding firm Millennium Marine has had mostly success since it moved from New Brunswick to Eastport a year ago — so much so, that it plans to add 20 employees. Millennium Marine manufactures specialized vessels for fishermen, government agencies, research organizations and other professional operations. The third-generation family business has produced more than 600 boats over … Read More

UMaine gets grant to improve food safety

Sarah MorrisseauNews, Portland Press Herald

THE ASSOCIATED PRESS ORONO – The U.S. Department of Agriculture is awarding the University of Maine a $4.9 million grant to improve food processing technologies for products like grains, seeds and nuts. The school is among 36 universities in the country to receive a total of $19 million in grants from the USDA’s National Institute of Food and Agriculture. The … Read More

Business cluster slated for Portland’s Maine State Pier as city partners with Icelandic group

Sarah MorrisseauFox Business News, News

ASSOCIATED PRESS The state’s largest city is working with a group of international and local investors to transform part of a building on the Maine State Pier into a cluster of businesses with a focus on marine enterprises. The project is called the New England Ocean Cluster House, and it is the product of a partnership between Portland officials and … Read More

TechPlace gears up for Phase II industrial space

Sarah MorrisseauMainebiz, News

BY LORI VALIGRA TechPlace, the new startup incubator at Brunswick Landing being developed by the Midcoast Regional Redevelopment Authority, is gearing up for its Phase II expansion, which would include both individual company and shared manufacturing space. The incubator, which opened its office space in January during Phase I operations, has one tenant, Brunswick Landing Realty Development Corp., plus six … Read More