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bluShift Aerospace opens $1 million crowdfunding campaign, starts building next rocket

BluShift Aerospace opens $1 million crowdfunding campaign, starts building next rocket The Brunswick-based rocket company successfully launched its first rocket back in January. Courtesy of bluShift Aerospace Brunswick-based rocket company bluShift Aerospace recently launched a crowdfunding campaign with a goal of just over $1 million. As of Sunday, the company had raised $278,000 of the $300,000 goal in the initial family and friends round. BluShift, which operates out of Brunswick Landing, made headlines in January for becoming the first in Maine to launch a commercial rocket and the first in the world to launch a commercial rocket using bio-derived fuel. Related Founder and CEO of bluShift Aerospace Sascha Deri.

$135M bond issue for Moosehead ski area set for FAME public hearing

An application for bonds that would raise $135 million to develop a ski resort on Moosehead Lake will go before a Finance Authority of Maine public hearing Monday. Provident Group-Moosehead Lake L3C plans the resort for Big Moose Township, which is in the unorganized territory, about six miles north of Greenville, at the site of a once-thriving resort now run by a nonprofit as a small ski area. The L3C is the development team of Provident Resources Group, of Baton Rouge, La., in partnership with Big Lake Development LLC and Treadwell Franklin Inc., headed by Perry Williams, who lives in Louisiana and Spruce Head.

Brunswick approve up to $70,000 to conserve 144 acres on former base

Brunswick approve up to $70,000 to conserve 144 acres on former base The council voted 8-1 to acquire the land for conservation and recreational purposes. Share Brunswick Councilors on Tuesday voted 8-1 to spend up to $70,000 to buy a 144-acres at the former Brunswick Naval Air Station from the Midcoast Regional Redevelopment Authority for conservation and outdoor activities. Councilor Chris Watkinson cast the lone dissenting vote, stating that the council did not do their “due diligence to solicit feedback from various stakeholders.” “For myself as a councilor and as a representative of a certain amount of people in town, I can’t put my vote behind the idea that we’ve done everything that we should be doing,” Watkinson said.

Guest column: TechPlace and the success of incubation

Guest column: TechPlace and the success of incubation By Kristine LoganGuest column Share What do you do with a new idea? A new innovation? A new product? A new service? An improved way to do something? Entrepreneurs find themselves looking for answers to these questions every day. The Maine economy relies heavily on entrepreneurs and small business to be the drivers of the economy. The latest data from the Small Business Administration (SBA ) shows that 99.3% of Maine’s businesses are small businesses. As many know, it is a long and bumpy road to bring an idea from inception to commercialization. The data clearly illustrates that the chance of long-term success is greatly increased by the more support an entrepreneur is given during this process. This is why we created TechPlace.

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