The program, which provides an income tax credit to businesses for workforce training and capital investment, is a critical tool in helping Maine businesses that are competing with other states.
Maine business
Posted inOp-eds, Opinion
Commentary: Business incentive tax giveaway not the program Maine needs
Gov. Mills’ proposed Dirigo Business Incentive Program focuses on the cost of doing business. The focus needs to be on supporting Maine’s workers.
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Posted inBusiness
Old-school Lewiston shoemaker walking toward expanding market
“We will always have handsewn, but in a different price segmentation.”
Posted inBusiness, Maine, News
Historic Portland tower a step closer to housing, but affordability is a question
Developers who bought the People’s United Bank building for $9.2 million in 2019 plan to convert the 10-story building in Monument Square into 63 one- and two-bedroom market-rate apartments.
Posted inBusiness, Maine
Skowhegan business lab hopes to raise new crop of local entrepreneurs
As the town positions itself to become a regional food destination amid revitalization efforts, local entrepreneurs are coming into the community to make it happen.
Posted inBusiness, Maine, News
N.Y. firm to buy Yarmouth nursing home for $2.5 million
The sale of Coastal Manor continues a trend of consolidation in the industry as owners try to manage rising costs.
Posted inBusiness, Maine, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inOp-eds, Opinion
Commentary: Inflation Reduction Act supports robust clean-energy economy in Maine
Solar companies like mine are now eager to increase our investment in the state.
Posted inBusiness, Maine, News
Did it work? The elusive impact of a $45 million state grant to grow jobs
The Maine Technology Institute, which awarded the taxpayer funds, makes very little data available about the investments.
Posted inEditorials, Opinion
Our View: Amazon warehouse would be no boon to Maine
It’s OK to hope for better employment opportunities than those the ecommerce giant has to offer.