Mainebiz

September 2, 2019

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W W W. M A I N E B I Z . B I Z 5 S E P T E M B E R 2 , 2 0 1 9 Copyright 2019. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $47.95 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. Subscriber list: We make a portion of our subscriber list available to reputable firms for one-time use. If you would prefer that we not include your name, please call Donna Brassard at 207-761-8379 x327 or email her at donnab@mainebiz.biz. 3 Viewpoints Editor's letter plus Top 10 16 How to Maximize your cybersecurity ROI 37 On the Record Raymond Rice, president and provost of UMPI 38 In Short Newsworthy people and performances 42 The List Largest Maine Technology Institute investments B U S I N E S S M A I N E I N E V E RY I S S U E 6 Portland's restaurant scene continues to evolve — with closings 7 A Look Back: Ellsworth startups have a big year 9 Ask ACE: Show your full potential to an employer 11 Biz Money: An Inc. 5000 company expects to double revenue 12 Bangor's downtown gets another lift with an HQ 14 Building Business: A roundup of construction news A roundup of Maine's business news 6 P H O T O / C O U R T E S Y U M A I N E P R E S Q U E I S L E 37 Developing a goal for success. When Craig Stewart wanted to expand his family business, Andes Variety, it was a significant commitment of time and resources. Bar Harbor Bank & Trust helped him overcome his challenges, and partnered with the SBA to make this $3.2 million undertaking a reality. To see this and other success stories, go to www.bhbt.com/success-stories. Call 207-669-6811 today to connect with our Commercial Banking team. We help businesses write their own success stories. Member FDIC Personal Banking · Business Banking · Wealth Management Over 50 locations in Maine, New Hampshire & Vermont " My experience with Larissa, my banker, has been nothing short of great." —Craig Stewart "Lawyers of the Year" in Maine Meet Pierce Atwood's 2020 Pierce Atwood is honored to have ten lawyers selected as "Lawyer of the Year" in Maine in the 2020 Best Lawyers in America ® peer evaluation survey. Our recognitions cut across an array of practice areas such as Litigation, Energy, Employment, Real Estate, and more. The firm's strength and reach across industries and practices is both distinctive and unusual among Maine firms. We are pleased that our clients continue to put their trust in our integrity, professionalism, and depth of experience. Please visit our website to view all of our Best Lawyers ® honorees and to learn more about how Pierce Atwood can assist your organization. Merrill's Wharf 254 Commercial Street Portland, Maine 04101 207.791.1100 PIERCEATWOOD.COM Margaret K. Minister INTELLECTUAL PROPERTY LITIGATION Jacob A. Manheimer CLOSELY HELD COMPANIES & FAMILY BUSINESS LAW Jared S. des Rosiers ENERGY LAW David E. Barry CRIMINAL DEFENSE: WHITE COLLAR David J. Champoux SECURITIES/CAPITAL MARKETS LAW John J. Aromando BET-THE-COMPANY LITIGATION Matthew D. Manahan ENVIRONMENTAL LITIGATION James R. Erwin LABOR AND EMPLOYMENT LITIGATION Margaret Coughlin LePage LABOR LAW – MANAGEMENT Dennis C. Keeler REAL ESTATE LAW IN MAINE " LAWYERS OF THE YEAR" 2020

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