Hampden company to sponsor UMaine Business Challenge, Press Herald reports

The Portland Press Herald reported Business Lending Solutions, a Hampden company that helps credit unions with commercial lending, is sponsoring the University of Maine’s Business Challenge with a $10,000 donation each year through 2018. In its sixth year, the UBC is a collegiate business competition for students attending Maine colleges and universities. Students from schools across the state compete for more than $20,000 of cash and in-kind consulting to help start or grow their business, according to the article. In addition to funding a first-place cash prize of $5,000, the company will provide competitors with consulting support throughout the competition, and work to help expand the competition’s reach and encourage greater statewide participation, the article states. Mainebiz and WVII (Channel 7) also reported on the sponsorship.