OUR REGION
Northern Maine is a uniquely advantageous location for 21 st century business. Positioned as the Gateway between the Northeast United States and Atlantic Canada, Northern Maine provides easy access to major markets on the U.S. Eastern Seaboard, Atlantic Canada and the province of Quebec.
Encompassing an area larger than Connecticut and Rhode Island combined, Northern Maine has ample natural resources including softwood timber, northern hardwood species, abundant freshwater and productive agricultural lands. But the region's most important natural resource may be the innovative spirit of its people.
Northern Maine offers the most cost competitive business location in the northeast. Northern Maine has ample land available for development, making real estate very affordable for businesses and their employees. Wages are also lower than the rest of New England , but these wages go a long way in this market. Northern Mainers have some of the highest homeownership rates in the country and enjoy a high quality of life including access to healthcare and educational attainment.
Businesses can take advantage of competitive economic incentive packages by establishing operations in Northern Maine. Firms will have access to programs that provide:
- $3,000 per employee federal income tax credits;
- 100 % State income tax credits;
- 80% Employee Tax Increment Financing;
- Eliminated Sales Taxes;
- Reduced or abated property taxes;
- Discounted utility costs; and
- Other incentives to help make your business more profitable.
The region offers an excellent quality of life with leading educational opportunities, a tremendous natural environment and world-class healthcare. When you move to Northern Maine , your neighbors include Mt. Katahdin , the Allagash Wilderness Waterway, World Cup Nordic Skiing and Biathlon venues, four major medical centers, four institutions of higher learning and diverse communities with rich cultural heritage.
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