The Portland City Council voted 6-1 in favor of creating the Industry and Commer
The Portland City Council voted 6-1 in favor of creating the Industry and Commerce Fund, a new low-interest loan program to attract businesses that will be administered by the Downtown Portland Corp. The first loan has been granted to Binax Inc. of South Portland, which will receive a $240,000 loan to move to a 70,000-square-foot building on Read Street that previously housed Ventrex Laboratories, which recently relocated to California.
Binax Inc, Downtown Portland Corporation, Industry and Commerce Fund, Loans
"The Portland City Council voted 6-1 in favor of creating the Industry and Commer" (1993). Maine News Index – Portland Press Herald. 6494.
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