Camden National Bank announced plans Monday to acquire The Bank of Maine in a $135 million deal that will make it Maine’s largest locally owned bank.
Gov. Paul LePage said this week that he plans to personally review and choose conservation and public easement projects before funding them with voter-approved bonds.
His announcement has been met with dismay by land trusts and private landowners uncertain what criteria LePage plans to use in judging projects that have already received approval by a state board.
The Press Herald has a good primer on the new law that allows small companies to raise funding through crowdfunding.
Under Maine’s crowdfunding law, entrepreneurs can raise capital by selling equity or debt in their companies to anyone. The exchange of money for equity or debt does require regulatory oversight and includes some restrictions.
The Scarborough Land Trust has completed the purchase of the 135-acre Benjamin Farm property on Pleasant Hill Road. Land trust officials joined members of the Jerrerd Benjamin family at the closing on Dec. 12.
Located two miles from Higgins Beach, Benjamin Farm consists of open fields, woods and wetlands, and contains headwaters of the Spurwink River. It abuts Rachel Carson National Wildlife Refuge and is part of a wildlife and wetlands corridor that reaches to Scarborough Marsh. It is one of the last, large open spaces in one of the most populated areas of town.
While data on Maine’s economy for 2014 is still rolling in (and will be for up to another year), we’re able to reflect on at least a few trends, most of which show the same broader story of Maine’s slow recovery from recession.
Officials at the Midcoast Regional Redevelopment Authority, the agency overseeing conversion of the base to civilian use, believe TechPlace will become a cornerstone for new business development at Brunswick Landing.
The aim is to bring in small companies in high-tech industries like aerospace, composite materials, renewable energy and information technology, and give them the space and resources to grow and connect with other businesses.
The University of Maine School of Law invites inquiries, nominations, and applications for the position of Dean, with an anticipated start date of July 1, 2015. The Law School seeks a Dean with a successful track record of administrative and fiscal leadership experience and one who possesses the vision, energy, and determination to lead the school. The successful candidate will be an innovative, entrepreneurial, and collaborative leader who can bring diverse stakeholders together to enhance and build on the Law School’s existing strengths.
The University of Maine School of Law, located in Portland, has a student body of approximately 275, an intentionally small size allowing for extensive faculty-student contact and fostering a strong sense of community. The Law School provides our students with a rigorous and innovative curriculum that blends traditional theory with diverse opportunities for experiential learning. Students work closely with a talented, collegial faculty that is engaged locally and nationally in both public service and high-level scholarship. The Law School enjoys a close connection to and excellent reputation within the Maine bench, bar and community-at-large, and the right candidate will recognize, appreciate and nurture these valued relationships.
To review the full position description and information about the application process, please visit: http://mainelaw.maine.edu/dean-search/