The MEMIC Group will pay the dividend to its members in the coming weeks, with the average employer receiving more than $1,100.
maine businesses
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.
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.
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.
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.
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.
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.
Winthrop business to compete on Greenlight Maine pitch competition
Gorham textile designer Erin Flett, Humphrey’s BBQ Inc. of West Newfield and I-tell Alert of Winthrop will compete for $100,000.
Two Maine startups collaborate to get more Mainers outdoors
Tree Free Heat, which sells fire starters made of hemp waste, has a deal with Back40, which rents camping gear online.
Marine engineering firm expands to Portland waterfront
Navatek, a global marine systems engineering firm, has moved into 4,800 square feet of new laboratory and shop space on West Commercial Street.