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W W W. M A I N E B I Z . B I Z 3 Fact Book / Doing Business in Maine C O N T E N T S Copyright 2022. 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 $72.00 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. View Fact Book online at mainebiz.biz/digitaledition PUBLISHER: Peter Stanton ASSOCIATE PUBLISHER: Andrea Tetzlaff EDITOR: Peter Van Allen DIGITAL EDITOR: William Hall SENIOR WRITERS: Renee Cordes, Laurie Schreiber CONTRIBUTING WRITERS: Mark Jeanneret, Bridget Reed Morawski, Carrie Yardley RESEARCH DIRECTOR: Timothy Doyle RESEARCH ASSISTANT: Heide Martin ART DIRECTOR: Matt Selva HOSPITALITY EMERITUS: Zoey SENIOR ACCOUNT MANAGERS: Ken Hanson, Betsy VanderPloeg ACCOUNT MANAGER: Kerry Rasor MARKETING/OPERATIONS DIRECTOR: Alison Nason OPERATIONS COORDINATOR: Allison Spies DIRECTOR OF AUDIENCE DEVELOPMENT: Valerie Clark A division of New England Business Media LLC C E O / GROUP PUBLISHER: Peter Stanton P R E S I D E N T : Tom Curtin C F O / C O O : Mary Rogers DIGITAL DIRECTOR: Jan Holder Q UA L I T Y O F L I F E It's not a perfect process, but Maine is moving forward. . . . . . . . 4 Notable Quotables from 'The Day That Changed Everything' podcast. . . . . . . . . . . . . . . 6 Population data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Education data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Income data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Maine's Hospitality and leisure workforce . . . . . . . . . . . . . . . 12 List: Maine's largest hotels . . . . . . . . . . . . . . . . . . . . . . . . . 13 Maine's ski resorts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 List: Maine's most popular tourist attractions . . . . . . . . . . . . 15 What does $350K-ish buy you in Maine?. . . . . . . . . . . . . . . . 16 Maine's median home price surged to $346,000 early this year, jumping from $276,000 a year ago. Annual Maine home sales, by county. . . . . . . . . . . . . . . . . . . 19 Where did Maine's home buyers come from during the pandemic? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Housing data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Portland as a college town . . . . . . . . . . . . . . . . . . . . . . . . . . 22 With colleges adding programs, Portland could one day have 15,000 students Photo Essay: 'Why I love it here' . . . . . . . . . . . . . . . . . . . . . . 26 S P E C I A L A DV E R T I S I N G S E C T I O N Economic Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 B U S I N E S S R E S O U R C E S Maine SBA staff listing . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 SBA's resource partners. . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 SCORE; Small Business Development Centers; Women's Business Centers SBA business loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Basic 7(a) Loan program; Microloan program S P E C I A L A DV E R T I S I N G S E C T I O N Bioscience Association of Maine . . . . . . . . . . . . . . . . . . . . . 42 SBA contracting programs . . . . . . . . . . . . . . . . . . . . . . . . . . 44 HUBZone; Women-owned Small Business Federal Contract Program; Service-disabled veteran-owned small business; Maine Procurement Technical Assistance Center; Small Disadvantaged Business Most active SBA lenders in Maine. . . . . . . . . . . . . . . . . . . . . 45 S P O N S O R E D C O N T E N T Connectivity Point Design & Installation. . . . . . . . . . . . . . . . . 46 How small businesses tap into financing from FAME . . . . . . . 48 How to navigate inflation and supply-chain issues while trying to grow your small business . . . . . . . . . . . . . . . . 51 S P O N S O R E D C O N T E N T Lebel & Harriman Retirement Advisors . . . . . . . . . . . . . . . . . 52 How to create an in-depth cybersecurity defense system in four steps . . . . . . . . . . . . . . . . . . . . . . . . 54 S P O N S O R E D C O N T E N T Harold Alfond Center for the Advancement of Maine's Workforce. . . . . . . . . . . . . . . . . . . . 56 Art of the deal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 Finding the right commercial space is an intricate process How to earn B Corp certification for your business . . . . . . . . . 61 S P O N S O R E D C O N T E N T Maine State Credit Union . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 Q&A with Lauren Gray, founder of Cranberry Oysters. . . . . . . . 64 S P O N S O R E D C O N T E N T University of New England . . . . . . . . . . . . . . . . . . . . . . . . . . 66 I N N OVAT I O N / R & D Maine Med's new front door . . . . . . . . . . . . . . . . . . . . . . . . . 68 The expansion of Maine's largest hospital will change the shape of patient care List: Maine's National Institutes of Health grant recipients . . . 71 Q&A with Brett Wickard, founder and CEO of FieldStack . . . . . 72 List: Maine's largest brewers . . . . . . . . . . . . . . . . . . . . . . . . 74 List: Maine's largest chambers of commerce . . . . . . . . . . . . . 75 Q&A with Nate Wildes, executive director of Live + Work in Maine . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 Photo Essay: For startups, TechPlace is creating 'collisions of innovation' . . . . . . . . . . . . . . . . . . . . . . . . . . . 78 WO R K F O R C E Employment data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 Number of building permits issued highest since 2007 . . . . . 84 Construction jobs in Maine, in thousands, 2008–2020 . . . . . 85 Q&A with John Boyan, president of Sam's Italian Foods. . . . . . . 86 I N F R A S T R U C T U R E / D I S T R I B U T I O N Energy data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 A brewing brewery scene . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 Ever more brewing operations dot the state List: Largest Maine-based construction companies . . . . . . . . 92 Photo Essay: Infrastructure tells a story of Maine's history and its progress . . . . . . . . . . . . . . . . . . . . . . 94 List: Maine's largest business and industrial parks . . . . . . . . 98

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