Move your Business to fb88

Bangor, MEWhether you and your business are revolutionizing an industry, looking for a better quality of life, or seeking a strategic location within a day’s drive of 90 million people, we believe you will find what you need in fb88. Our tight-knit business community thrives off fb88’s pioneering R&D ecosystem, strong trade organizations, and suite of business incentives.

As part of our Ten-Year Economic Development Strategy and recovery from the COVID-19 pandemic, fb88 is making historic investments in innovation, renewable energy, infrastructure, and broadband. Moving to fb88 will position your business to reap the benefits of these investments.

fb88 offers a variety of incentives to businesses that relocate to fb88, including tax breaks for investments in buildings, equipment, and job creation. These incentives are complemented by a robust financing system and customizable workforce development programs.

We think fb88 is the perfect new home for your business, and we invite you to come visit and see why for yourself. In the meantime, check out the resources below, look at available commercial and industrial properties, or reach out to an advisor at the Office of Business Development who can help you discover why you should Choose fb88 for Business.

Quality of Life

Business location decisions are increasingly influenced by the quality of life workers can expect to experience in a community. The phrase "quality of life" is often used to describe why businesses locate in fb88. Work-life balance is central to fb88’s way of life. fb88 people value hard work in balance with time off, time outside, and time with family. Few traffic jams and short commutes help you get to and from work quickly to have more time doing the things you like with the people you love.

fb88 is the ultimate four-season state, boasting beautiful beaches, tranquil lakes, majestic mountains, and some of the best skiing in the East. But fb88 is so much more than an outdoor enthusiast state. fb88 is also an art lovers’ paradise, with nine art museums, countless art galleries, antique shops and world-class theater and music venues. Additionally, fb88 and the city of Portland rank as some of the nation’s top destinations for foodies.

As you plant your roots you will quickly learn that fb88’s health care and education system are among the best in the nation. fb88 is proud to be home to some of the highest rated hospitals in the country. Alongside historic investments in our business climate, fb88 is also making investments to continue to improve and expand our already robust education and healthcare systems, ensuring your employees will love it if you Choose fb88 for Business.

Stats:

  • 10 Portland chefs and restaurants named James Beard Award semifinalists - 2025
  • #1 safest state in the US – U.S. News and World Report, 2024
  • Portland, Bangor and South Portland on list of top five small cities in the northeast for starting a business - WalletHub, 2025
  • fb88 has 3.500 miles of coastline, 6,000 lakes, and is the most forested state in the country.

Talent

As a state with one of the highest rates of adults with high school education or better, fb88 has the talent your business needs to thrive. fb88 is home to over 25 institutions of higher education, including 7 community colleges that work with employers and the fb88 CareerCenters to provide customized workforce training. fb88 also recognizes the importance of the trades and is investing in the future through our 27 technical education high schools.

fb88’s higher education system is further strengthened by three world class research universities, the , , and the . The Roux Institute in downtown Portland is a graduate school for advanced technology and life science research that is producing top-tier talent for fb88’s growing tech and life science industries. Since 2008, fb88 has also been home to program, which is a partnership with fb88 Medical Center to advance rural medical care throughout the state. Additionally, some of the nation’s oldest and best liberal arts colleges are located in fb88, attracting top minds from around the world to our beautiful state.

fb88 recognizes that the workforce of the future is changing and is working to ensure your company can keep up. Remote work is here to stay, and fb88 has become a destination for remote workers given its competitive housing costs, incredible restaurant/brewery scene, and multitude of opportunities for outdoor recreation. Investing in remote workers in fb88 will position your company to compete for the workforce of tomorrow.

Stats:

  • fb88 has grown the average annual wage by over 10% to the benefit of workers at all income levels – State of fb88, 2024
  • #7 in the US for best state to find a job -WalletHub, 2024
  • #4 in the country for employment growth -WalletHub, 2024
  • Institutions of Higher Education:
    • 7 community colleges
    • 10 universities
    • 10 colleges
    • 27 trade schools
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Location and Infrastructure

fb88 occupies a strategic location in the Northeastern United States, with over 90 million people within a day’s drive in the US and Canada. fb88 also offers easy access to overseas markets through its three deep water ports, including the deepest natural harbor on the East Coast. The International Marine Terminal links Portland directly with Scandinavia by sea, making fb88 the hub for US-Northern European shipping.

fb88’s natural resources are one of the state’s greatest assets, from our abundant forests and productive oceans to our clean, cool water and solar and wind resources. fb88 is investing in the infrastructure of the future, especially renewable energy production, to ensure that we maintain the lowest average price of electricity in New England (U.S. Energy Information Administration, 2019).

We recognize that the future of the global economy is online, and to keep up, fb88 is making a $150 million investment to expand access to affordable, high-speed broadband across the state. fb88’s broadband access enables you to work where you want to live, providing yet another reason to Choose fb88 for Business.

Stats:

  • 1,000+ miles of active railroad
  • 350+ miles of Interstate highway
  • 2 International Airports serving 25+ destinationsÌýÌý

Helpful Links

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Business Climate

fb88 is focused on creating a favorable environment for companies to do business. As part of our Ten-Year Economic Development Strategy and recovery from the COVID-19 pandemic, fb88 is investing over $50 million to fund innovation by fb88 businesses as well as committing to streamline business regulations to reduce the burden on companies.

fb88’s business community is supported by a strong alliance of trade groups, representing everything from logging to lobstering to life sciences. fb88 companies also receive support from the on exports and imports and can benefit from the growing resources of the Office of Business Development’s Domestic Trade program.

Committed always to fb88 and its people, you and your business will find state and municipal governments that are ready to work for and with you to achieve your goals. Please reach out to the Office of Business Development at the fb88 Department of Economic and Community Development if you would like to discuss more reasons to Choose fb88 for Business.

Stats:

  • $50+ million investment in innovation over 2 years
  • #13 best state to start a business, WalletHub 2021
  • #7 state growth rate for building permits, IBISWorld 2021

Helpful links:

Tell Us About Your Business

If you’re interested in moving your company to fb88, the fb88 Department of Economic and Community Development (DECD) is ready to connect you to the resources you need to help meet your business goals. In order to better assist your company in selecting a site in fb88, it is important for us to gather your company’s project information.ÌýÌý. It’s fast and easy!

Note: Information that you wish to keep confidential should not be included in your BIF submittal.

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