The Trump administration scrambled to address mounting criticism of a new program that some big companies used to obtain taxpayer-backed loans.
small business
Posted inBusiness, Maine, News
Nearly 17,000 Maine small businesses have received federal emergency loans so far
Paycheck Protection Program funding totals nearly $2.25 billion in Maine to date, according to U.S. Sen. Susan Collins’ office.
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Posted inBusiness, Maine, News
Emergency loans to Maine small businesses exceed $1 billion
More than 5,300 businesses had been approved as of Friday morning for federally backed Paycheck Protection Program emergency loans.
Posted inAdvertiser Democrat
Norway shops local to support its small businesses
Local support has buoyed local shops struggling to stay open during the coronavirus public health crisis.
Posted inBusiness, Maine
Mainers check out local merchants on Small Business Saturday
The 10th annual shopping event is billed as an alternative to the national retail-focused Black Friday.
Posted inAndroscoggin County, Business, Lewiston-Auburn
Local shops prepare for Small Business Saturday
In the wake of Black Friday frenzy emerges a more locally-sourced holiday, Small Business Saturday, where local businesses offer discounts and deals as a way to get their piece of the holiday spending pie.
Posted inNation / World, sj-web
Lower costs, fewer benefits in new health insurance option
WASHINGTON (AP) — The Trump administration Tuesday rolled out a health insurance option for small businesses and self-employed people that could lead to lower premiums but may also cover fewer benefits than current plans. Labor Secretary Alex Acosta said the new “association health plans” will allow small business to pool their purchasing power, gaining access […]
Posted inFranklin, sj-web
Business workshops, training to be offered in Jay
JAY — A business essentials workshop series will be offered at Spruce Mountain High School on the first three Mondays of November. The series is sponsored by the Maine Small Business Development Centers in collaboration with New Ventures Maine, according to a release. The Maine Small Business Development Centers has received funds from the U.S. […]
Posted inBusiness, sj-web
Planning well to avoid failure
The most common concern new entrepreneurs have is the fear of failure about starting a new venture. These doubts are increased with the seemingly constant news stories about failing or closing small businesses. “The truth is that small business entrepreneurs have a better chance at success than they may realize,” said Ralph Tuttle, Central Maine SCORE […]
Posted inBusiness
Data security workshop offered
NORWAY — Oxford Hills SCORE, together with the Oxford Hills Chamber of Commerce, will present a free program and discussion on data security. It is scheduled from 8 to 9 a.m. Thursday, Oct. 23, at the Norway Town Office, 19 Danforth St. Methods used by the attackers, the potential impact on a small business, and […]