October 7, 2022

MyrsMoney

Be Lively with Business

Youthful business people are flocking to an Aroostook city

CARIBOU, Maine — As Aroostook County carries on to battle with youth out-migration, a person town is a promising location for youthful entrepreneurs.

Caribou, alongside with the neighboring city of Presque Isle, noticed a 9.2 percent decrease in population more than the previous decade, greater than Aroostook’s over-all decline of 7.1 per cent, in accordance to the U.S. census. As of 2020, the town had a inhabitants of 7,396 people as opposed with 8,189 in 2010.

Those people figures have urged town leaders to communicate with latest and aspiring business enterprise entrepreneurs and invest in means that make Caribou more interesting to artistic-minded youthful individuals. It is an formidable project for a metropolis that does not have an financial development director, but city leadership doing work jointly is building it come about, in accordance to a number of young business owners who are opening store or expanding their currently productive enterprises.