By Staff
The Finance Authority of Maine has approved an $800,000 FAME Direct Loan to Standard Biocarbon Corp., and the money will help fund equipment for the company s biochar operation at the former East Millinocket mill site.
SBC, the anchor tenant of the new town-owned innovation campus, will use the loan to buy two kilns that will be used to produce biochar, which is a granular carbon substance produced when organic matter is decomposed thermally in an oxygen-starved chamber, a process called pyrolysis.
SBC signed a letter of intent in February with the East Millinocket Industrial Inc. board of directors to locate at the developing innovation and industrial park at the former Great Northern Paper site. The company will initially create eight jobs, with more possible in the future, FAME said in a news release about the financing. The board oversees the mill site, which is owned by the town.
Eight finalists from throughout Maine will compete May 26 for a $25,000 prize. Top Gun assists early-stage entrepreneurs in growing their businesses through classroom curriculum and mentoring.
Submitted photo
LEWISTON A Lewiston staffing agency that would specialize in matching immigrants with open jobs and a Topsham entrepreneur whose website would introduce foodies to the local food and beverage scene wherever they travel in Maine are moving on to the Top Gun statewide finals.
They’ll face six other regional finalists all pitching-off on May 26 for the $25,000 grand prize from Maine Technology Institute.
“I would like to point out LA had the Top Gun winner for the state last year, so we’re pretty excited about the entrepreneurial supports and pathways in the region,” Shanna Cox, president of the Lewiston Auburn Metropolitan Chamber of Commerce, said Thursday as the fifth annual Top Gun LA pitch-off got underway.
CEI announces initiative sharing market data with Maine seafood industry
By
Share
Brunswick, Maine, U.S.A.-based Coastal Enterprises Inc. (CEI) has announced it has acquired and plans to share competitive national seafood industry sales information with Maine’s seafood industry to help businesses expand sales.
The sales information consists of syndicated broadline sales data for key species harvested in Maine, with breakdowns of regional and metropolitan markets in the U.S. CEI said it purchased the data as part of its Maine Seafood Marketing Initiative, a pilot effort to establish a marketing association for the state’s seafood products.
By Staff
Data on national seafood sales is expected to give Maine’s aquaculture and seafood businesses a competitive edge by helping them identify the best prospects for market expansion.
Coastal Enterprises Inc. has acquired competitive national seafood industry sales information as part of its Maine Seafood Marketing Initiative, a pilot effort to establish a state seafood marketing association promoting all of Maine’s seafood products, according to a news release.
The nonprofit is sharing the data with Maine’s aquaculture and seafood industries.
“This intel gives Maine companies a competitive advantage over out-of-state producers and distributers,” Nick Branchina, director of CEI’s Fisheries and Aquaculture Program and principal of the Maine Seafood Marketing Initiative, said in the release.