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W W W. M A I N E B I Z . B I Z 5 M A R C H 2 3 , 2 0 2 0 M E R R I L L ' S W H A R F 2 5 4 C O M M E R C I A L S T R E E T P O R T L A N D , M E 0 4 1 0 1 2 0 7 . 7 9 1 . 1 1 0 0 P I E R C E AT W O O D . C O M Our Catalyst team provides new clients with an array of FREE services to help get things off the ground. All you pay for are filing fees. A partial list of services includes: • Advice on choice of entity • Stockholders or operating agreement • Development of equity agreement plans • Registration of first trademark We also offer reasonable fixed fees for help with incorporation, financing, and building your team. Pierce Atwood. There's a reason... Need help geing your new project o the ground? Creating business & educational opportunities for Maine people since 1983. Helping Maine People Succeed Since 1983 1-800-228-3734 • FAMEmaine.com Best Places to Work in Maine 2015, 2016, 2017, 2018, 2019 Free Programs & Info on Planning & Paying for Higher Education Job-Creating Commercial Loan, Equity & Bond Programs Copyright 2020. 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 30 On the Record Words of wisdom from Mainebiz Business Leaders of the Year alumni 31 In Short Newsworthy people and performances 34 The List Maine's largest employee- owned businesses Be sure to check out the Business Leaders of the Year alumni supplement included in this issue. B U S I N E S S M A I N E I N E V E RY I S S U E S P E C I A L S U P P L E M E N T 6 CMH gets initial OK for cancer center 7 Ask ACE Time wasted and time invested 9 Hussey Seating will tackle $25M in stadium seating upgrades 11 Biz Money UMaine professor gets NASA grant to study a problem on earth 13 Credits & Debits A roundup of Maine's business news 6