Machias business development and coworking space exceeds capital campaign goals; new name reflects purpose

Sunrise County Economic Council announces the conclusion of its Capital Campaign and expresses much gratitude for the strong community support. The campaign exceeded its goal with $1.28 million in received and pledged contributions. Additional pledges from individuals and a $243,000 contribution from Libra Foundation helped SCEC surpass its $1.055 million goal, set to cover the cost to construct and launch the new center.

“Washington County is known for its hardworking and entrepreneurial spirit, and this new building will now provide a vital and very visible gathering space for business owners, students, entrepreneurs and others who are focused on building business in our region and beyond,” said Larry Barker, CEO of Machias Savings Bank, who serves as campaign chair for the new facility.

“We are proud to support what will undoubtedly be an invaluable resource to members of the region and the entire State. This type of endeavor aligns with our mission to strive for innovative ways to enrich Maine, empower communities, and enhance the quality of life of all Maine citizens,” said Craig Denekas, chairman and chief executive officer of the Libra Foundation.

Machias business development and coworking space exceeds capital campaign goals; new name reflects purpose