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News Release: Maine SBDC Releases 2017 Small Business Client Results

February 13, 2018
FOR IMMEDIATE RELEASE:

Statewide (Maine) –Today the Maine Small Business Development Centers (Maine SBDC), a state-wide program that helps entrepreneurs to start and grow their businesses, is pleased to announce its annual results.

In 2017, certified business advisors across Maine provided no-cost business advising to 1,400 entrepreneurs which helped clients to:

  • Save and create 661 jobs
  • Start 98 new businesses
  • Access $44 million in capital to start or grow their businesses.

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Katahdin Communications – Millinocket, Maine

KataKatahdinhdin Communications is a locally owned radio broadcasting company. It’s main station WSYY AM and FM broadcasts in a sports format and serves Northern and Downeast Maine. It features programming from CBS Radio and CBS Radio News as well as covering local school sporting events.

Business owner James Talbot has big plans for the business. He wanted to expand his business, but was struggling to secure the funding needed to do so.  His lender recommended he connect with Maine SBDC’s Ann McAlhany for assistance in mid-2015, and the pair have been working together regularly since. McAlhany listened to his plans. She helped him to organize his vision into manageable and executable phases.Read More

Wallace James Clothing Co. – Portland, Maine

Wallace James Clothing

Kimberly Ortengren started Wallace James Clothing Company in Portland’s Bayside neighborhood with the hope of inspiring confidence in new and existing designers to make clothing right here in Maine. She understood the challenge independent designers faced to produce apparel, and wanted to create an incubator-like space that would allow them to take their concepts and make them a reality. Wallace James is a place where new designers could make their ideas come to life, while receiving expert mentorship on the design, development and production process. It also helps companies scale up, with streamlined, sustainable practices that save money and waste. Read More

The Francis – Portland, Maine

The FrancisThe FrancisWhen Jeff Harder and Nate Delois had an opportunity to purchase the historic Mellen E Bolster House at 747 Congress Street in Portland they had a vision of what it could become.  The home was built in 1881 and had beautiful features and design.  That vision has become The Francis hotel, a 15 room boutique hotel in Portland’s West end.Read More

Creative Signs & Apparel – Rumford, Maine

Creative Sign & Apparel Logo

Jennifer Pingree and her husband Brian had the opportunity to purchase Creative Signs & Apparel, a screen and vinyl printing business located in the heart of Rumford. The opportunity was a perfect fit for their family. It would allow Jennifer to care their 2-year old daughter while managing the business. Brian would continue his work in the woods, allowing the business to grow to an income level that could support their family.  Read More