Camden National plans to acquire The Bank of Maine – The Portland Press Herald / Maine Sunday Telegram

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.

via Camden National plans to acquire The Bank of Maine – The Portland Press Herald / Maine Sunday Telegram.

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New Crowdfunding Option Available in Maine

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.

They also report on a company getting ready to launch that will help match up companies approved to raise funds under the new law and investors. The web site Backer.ly should launch in 2015.

Brunswick business incubator aims for January opening | The Forecaster

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.

via Brunswick business incubator aims for January opening | The Forecaster.