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Maine Connections   August 2010
Greetings!
 
Thaxter Trafton

August is one of my favorite months in Maine. As a sport-enthusiast, I eagerly look forward to summer and the numerous sports camps that will take place all over our great state. These camps serve as a wonderful opportunity for youth of all ages to experience their first taste of Maine, which often leads to subsequent visits!

One exciting sports event is coming up in just a couple of weeks in Bangor. August 15 begins the Senior League World Series. This year's championship series for Little League baseball players aged 14-16 will be the 50th Senior League Baseball World Series and Bangor's ninth. It will feature five regional teams from the United States, Canada, Latin America, Europe, Asia-Pacific and the Maine District 3 champion-the host district. The championship game will be televised on ESPNU-TV on Saturday, August 21, at 12 p.m. The tourney drew approximately 33,500 fans last year. Here's hoping that this year's tournament is even bigger!

If you have a favorite Maine sports camp or sporting event story, please share it with us. You can simply hit reply to this e-newsletter or become a fan of DECD's Facebook page and share your story there.

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All the best,


Thaxter Trafton signature
Commissioner Thaxter R. Trafton


www.businessinmaine.com

In This Issue
DECD Business Tip
Employment Tax Increment Financing Program Creates More Jobs
Maine's Location Provides Competitive Advantage
Maine Leads the Nation in Investments in Early-Stage, Innovative Companies
13th Annual Maine International Film Festival a Success
Portland Webworks Inc. Wins Website Design Award
Eltman Honored by Crafts Association
MTI-Funded Companies Take Home TechMaine Awards
Upcoming Events
DECD assistance programs
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DECD Business Tip of the Month


Have a question about doing business in Maine? 
Call our Business Answers Hotline!

Specialists are ready to answer your questions weekdays from 9:00 a.m. to 4:00 p.m. EST at 1-800-872-3838 in Maine or 1-800-541-5872 from outside of Maine. You can also email business.answers@maine.gov

Business Answers is managed through the DECD and provides information about doing business in Maine to current and potential business owners.

Along with licensing information, the program also offers business start-up kits, customized information packets, referrals to DECD and other sources of financial and technical assistance.


Maine's Employment Tax Increment Financing (ETIF) Program Creates More Jobs

This year's  ETIF program was very successful; the program qualified more than 5,500 new employees! These new employees equate to new full-time jobs with access to health and retirement benefits and annual income exceeding county income guidelines. Though there were fewer companies applying this year, more jobs were created this year as opposed to last. These additional quality jobs are a boon to the Maine economy. The ETIF program, sponsored by DECD, is open to for-profit, non-retail, non-utility businesses adding a minimum of five net new Maine jobs within a two-year period. Under this program, businesses are reimbursed up to 80% of their new employees' Maine income tax withholdings for up to 10 years. To learn more about Maine's ETIF program, please visit http://www.mainebiz.org/business_assistance/etif.asp.


Location, Location, Location!

 


Maine Map


Maine's location is a competitive advantage for the state. The proximity of Maine to Europe and key metro areas in the Northeast United States and Canada make it an attractive location for business development!

 

Maine Leads the Nation in Investments in Early-Stage, Innovative Companies


Maine has been named the state that has done the most investments in early stage, scalable innovative companies, as noted by CB Insights. They note that Maine is not among the "usual suspects" when discussing venture capital or angel investment funding statistics. For more information, please see

http://www.cbinsights.com/blog/government-funding/top-five-states-providing-grants-to-entrepreneurs-to-spur-early-stage-innovation-and-many-are-off-the-beaten-path

 

13th Annual Maine International Film Festival a Success!


Jay Cocks, MIFF Midlife Achievement Award honoree, with Ken Eisen (Festival Programmer), Lea Girardin (Director of the Maine Film Office), and daughter Ya Jia.
MIFF 2010
The 13th Annual Maine International Film Festival (MIFF), a project of the Maine Film Center, was a huge success drawing in a total of about 9,000 movie-goers and filmmakers from around the world. Over the course of the ten day festival, nearly 100 films were shown representing the best of American independent and international cinema at locations throughout the Waterville area including the Waterville Opera House, Railroad Square Cinema, the Skowhegan Drive-In Theater and the Colby College Museum of Art. With the influx of visitors attending films, the festival generates a lot of business from visitors for the city of Waterville and surrounding areas. The event came to a close on Sunday, July 18, with a Closing Night Ceremony, during which MIFF organizers announced the Audience Favorite Award winners and celebrated the many successes of the event.

 

Congratulations to Portland Webworks!


Portland Webworks, Inc. won Best Overall Web Design for its Maine Office of Tourism's Website, www.visitmaine.com, at the 2010 American Business Awards in New York City on June 22.


 

Pat Eltman Honored by Crafts Association


The Maine Crafts Association, a statewide non-profit organization promoting the work of craft artists, honored Pat Eltman, Director of the Maine Office of Tourism, with an award in appreciation of her vision for cultural tourism and support for craft. During Maine Crafts Association's annual celebration dinner at the renowned Haystack Mountain School of Crafts on Deer Isle, Eltman was presented with an award certificate and beautiful Maine Crafts Association pin designed by Portland jeweler, Chaya Caron. To learn more about the Maine Crafts Association, visit www.mainecrafts.org.

Pat Eltman accepts an award in appreciation of her support for craft from the Maine Crafts Association.
Pat - Craft Award



 

TechMaine

Maine Technology Institute Companies
Take Home TechMaine Awards


T
he 2010 TechMaine Technology Awards Gala, held in late June, was a hugely successful event hosted by TechMaine and sponsored by DECD. MTI-funded companies took home four of the five TechMaine Awards for Top Technology Firms in Maine at the annual award ceremony in late June. Since 2002, TechMaine has honored Maine businesses and individuals for their contributions to the state's technology-reliant economy. The Technology Awards recognize the accomplishments of the state's technology sectors over the past year, and present awards to Maine's top technology companies and individuals.

 
The four MTI-funded awardees were:

 
CashStar--Gazelle Company of the Year
CashStar is leading the multi-channel payments evolution as the only digital gifting incentives company for top brands. CashStar's roster of clients includes leading retail brands such as The Home Depot, The Container Store, CVS, Brinker International Restaurants, Papa John's and Travelocity.
 
Martin Grimnes, Harbor Technologies LLC--CxO of the Year
Martin Grimnes is the perfect example of a CEO that is consistently successful, leads by example, creates unique opportunities for his company and has fun doing it.
 
Ocean Renewable Power Company--New Technology of the Year
ORPC has created breakthrough tidal energy technology, leading the nation in the development of clean, predictable affordable power from the ocean.
 
Soren Hansen, Sea and Reef Aquaculture, LLC--Technology Innovator of the Year.
The record and accomplishments of Soren Hansen reflect innovation in science and technology based on a commitment to protect and preserve our natural environment as well as exemplifying the state's innovative talent.


The other Technology Award winner was Tilson Technology Management (TTM), which took home the prestigious award of Technology Company of the Year. This year, TTM oversaw millions of dollars in investments in Maine's technology infrastructure, created dozens of jobs and continued to advance Maine's technology industry.


Also presented at the Gala were the 2010 TechMaine Best of the Web Awards. Award winners included:


Visura Media & Jamie Peloquin Design (for www.fotovisura.com) -Arts & Entertainment site
FotoVisura is a tool to collect and share your life and creative work through images, video, audio and text. At its core, the site combines an online self-publishing platform and a social network: create, distribute and collect with many settings for moderation and privacy. FotoVisura.com is a project founded by FotoVisura, Inc. The site was designed by Graham Letorney/Visura Media and constructed with website development by Jamie Peloquin Design.


Aurora Photos (for www.auroraphotos.com)-Corporate Image site
A world-class library of photography servicing clients worldwide, the Auora Photos website has solid interface design providing easy to access information. The site features great content, strong search engine optimization, and useful tools including a sophisticated rate calculator for both RM and RF images. Aurora Photos is a Maine owned and operated company competing with global companies 1,000 times their size.


Kevin Brooks Web Design and Development (for www.safepassage.org)  - Non-profit site
The site features imagery and graphics that support the mission and stories of the organization with features to drive social media and financial support.


Turtle Love Company (for www.turtleloveco.com) -E-Commerce site
Turtle Love Co finds unique artisan jewelry that's made in small workshops using recycled metals and/or environmentally-conscious practices. They are working to make their packaging smaller and smaller. The site is unique among the online jewelry stores, and they're located right in Portland, Maine! 

The Masters of Ceremony at the event were Stephen Voltz and Fritz Grobe of EepyBird.
 
For more information on TechMaine and the 2010 awards, please visit www.techmaine.com.


Upcoming Events:
August:

August 5 - TechMaine's August networking event. Join TechMaine on Thursday, August 5 at Aurora Novus - Aurora Photos in Portland from 5:00 - 7:00 pm. Members and non-members are welcome to attend.

August 13 - Lean Manufacturing event; DECD is a sponsor. http://www.mainemep.org/events.html

August 16-17 - Open Boatyard Days.The event will allow people to tour the insides of boatyards and boatbuilding companies across the state.

August 30 - SBA America East conference; DECD is a sponsor.