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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 5 , 2 0 2 2 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. 3 Viewpoints Editor's letter plus Top 10 27 On the Record Craft enthusiast opens Kennebunk store featuring handcrafted goods and workshops 28 In Short Newsworthy people and performances 30 The List 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 A retail center's value grows along with well-known neighbor 7 Credits & Debits 8 Ask ACE How do I spend grant money well? 10 ImmuCell plans expansion to help meet demand for its flagship product 11 Biz Money Childcare to be a component in lab's growth plans 12 A storied Penobscot Bay windjammer will cease operations A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 27 Helping Maine Businesses Succeed Since 1983 1-800-228-3734 • FAMEmaine.com 7-Time Winner, Best Places to Work in Maine (2015–2022) FORGIVABLE LOANS FOR YOUR BUSINESS Thrive Maine provides Maine businesses forgivable loans to recover from financial setbacks due to the pandemic. To apply for these recovery impact forgivable loans, businesses must demonstrate a COVID-related negative economic impact. More details and information on how to apply is available at FAMEmaine.com/thrive. UNIQUE ENTITY IDENTIFIER REQUIRED TO APPLY Visit SAM.gov for more information and to apply for a UEI. ? Figuring out which loan program is best for your business is no easy task. There are a variety of programs, terms, and compliance requirements, and borrower guidelines may not be clearly stated. Pierce Atwood attorneys provide advice and counsel to businesses of all sizes to help them access the loans they need, and comply with program and lender requirements. If you need assistance with assessing the options available to you, please let us know. We want to help you succeed. Pierce Atwood. There's a reason… Helping Businesses Navigate Federal and State Loan Programs COMMERCIAL STREET • PORTLAND, ME •••• • ••. • •.•••• • PIERCEATWOOD.COM