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W W W. M A I N E B I Z . B I Z 5 M A R C H 4 , 2 0 2 4 Copyright 2024. 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 $84.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email circulation@ mainebiz.biz 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 11 Building Business With a mild winter in Maine, construction projects have pressed on 24 On the Record State-funded program helps young Mainers find internships 25 In Short Newsworthy people and performances 26 The List Maine's largest life sciences companies 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 Sears Island will be site of $500M Maine offshore wind- power port 7 A Look Back The cultivation of Congress Square 8 Ask ACE What do you recommend to increase market share and avoid missteps? 10 Politics & Co. Bye-bye, birdie: Maine to phase out chickadee license plate A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 24 2024 southern maine Industrial Market Survey OUR ANNUAL STUDY AND INVENTORY OF THE INDUSTRIAL REAL ESTATE MARKET IS NOW AVAILABLE. Portland, ME | 207.773.7100 | dunhamgroup.com MERRILL'S WHARF | 254 COMMERCIAL STREET | PORTLAND, ME 04101 | PIERCEATWOOD.COM INVESTING IN MAINE'S FUTURE with The Roux Institute at Northeastern University With more than 99% of the state's private workforce comprised of small businesses*, supporting startups and emerging businesses is good for Maine's economy and its future. That's why we're pleased to be a strategic partner of The Roux Institute at Northeastern University, where we support their legal fellowship program, provide legal services to startups participating in their Founder Residency Program, and more. The Roux Institute at Northeastern University offers graduate education and research capabilities in areas such as AI, computer and data sciences, digital engineering, advanced life sciences, and medicine. We're proud to support their goals of helping to spur innovation, build talent, and drive economic growth in Portland, the state of Maine, and beyond. If you're a startup seeking legal services, please contact Matt Stein at mstein@pierceatwood.com or Andrea Suter at asuter@pierceatwood.com. Pierce Atwood. There's a reason... *Business News Daily, January 3, 2024