What draws young college graduates to a new city? Are economic opportunities the driving force? Or is it a decision driven by a city’s quality of life? The American Institute for Economic Research, a nonprofit, non-partisan research institute, wanted to find out. To do so it created an index to determine the key factors in a young college […]
The Startup Line
Boston startup community rallies around Matt Lauzon, the Maine native at the center of the sexual abuse controversy in Biddeford
Matt Lauzon, the Biddeford native on a mission to seek justice from the former Biddeford police officer he says sexually abused him when he was a teenager, has received an upswell of support from an unlikely group. Well … unlikely if you aren’t aware of Lauzon’s day job. Rallying around Lauzon and his cause are members of Boston’s startup community, of which Lauzon […]
UMaine duo win business plan competition, target billion-dollar insulation market
Maine’s abundant natural resources have supported various manufacturing industries over the years, most notably the paper industry. But the paper industry doesn’t have the economic impact it once did and people have been talking about other industries that would create jobs in communities like Millinocket, East Millinocket, Bucksport and Lincoln, all of which have either lost […]
Finalists named for Maine’s only statewide student business plan competition
— This year’s batch of finalists in the UMaine Business Challenge, the only statewide business plan competition for students, are tackling topics as diverse as underwater robotics, digital music-sharing, e-commerce application, tourism and advanced insulation materials. One of them will receive a $5,000 award to help develop that idea into a business when they compete in […]
San Francisco startup picks Portland as development hub
— A San Francisco-based software startup has planted its flag in Portland, choosing the city as its East Coast beachhead and home to its nascent development team. The startup, called Figly, has hired local software engineer Elliot Murphy to open “Figly East” in Portland. Murphy, Figly’s new VP of engineering, has a budget to hire […]
Google thinks Orono startup has what it takes to change the world
Susan MacKay thinks her company can help solve Earth’s water crisis … and Google thinks she might be right. Google executives recently picked MacKay, CEO of Orono-based Cerahelix, as a finalist in its global competition for world-changing ideas — a contest the Silicon Valley giant calls “Solve for X.” MacKay’s “moonshot” — the term Google uses to describe these Earth-shattering ideas — […]
Edison Liu on the art and science of creativity, and how Maine can harness it to be a leader
— When Beethoven wrote his Third Symphony, considered a turning point in musical history, he did it with only 12 chromatic tones at his disposal. Kurt Cobain used the same 12 tones to write “Rape Me,” which appeared on Nirvana’s third album, In Utero. Think about that for a second. How different can two pieces of […]
Maine Angels profit from second successful exit
After a decade of not experiencing a successful exit, the Maine Angels are now on a roll. Just months after two members of the Maine Angels marked the group’s first successful exit, two more members have realized a return on an investment in another startup and cashed out. Two Maine Angels members have sold their shares in EzCater, […]
Portland co-working space shutting its doors
— One of Portland’s co-working spaces is closing, leaving 10 tenants to find new digs. The Casco Bay Tech Hub’s co-working space at 30 Danforth St., known as the Business Innovation Center (BIC), will close May 1, according to an email tenants received Wednesday. Kai Smith, co-founder of Buoy Local, a startup that offers buy-local gift […]
Greenwood’s earmuffs: A true Maine innovation
I write about innovators in Maine all the time. However, they’re almost always of the 21st Century variety. So it was nice to see a reminder this morning from my colleague Shannon Bryan over at mainetoday.com that we Mainers have a long succession of innovators to celebrate. In this case, Shannon reminds us that March 13 marks […]
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