Economic Development

WABI covers Maine forestry forum

WABI (Channel 5) reported on a forum held in Brewer to discuss the expansion of Maine’s forest industry. The University of Maine and Our Katahdin, an organization working to promote community and economic development, were on hand to explain how they play a role in the industry and what may be in store for the […]

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UMaine researchers envision smart mills, new paper packaging, BDN reports

The Bangor Daily News reported on several initiatives by University of Maine researchers that were presented during the annual Paper Days meeting of Maine’s paper industry, which was held at UMaine. Doug Bousfield, a chemical engineering professor, aims to develop fully recyclable potato chip packaging using cellulose nanomaterials derived from wood pulp, according to the […]

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Media report on 2018 UMaine Business Challenge winners

The Portland Press Herald, Morning Sentinel and Kennebec Journal and Maine Startups Insider reported on the winners of the seventh annual UMaine Business Challenge, the largest business-plan competition for college students in the state. Three teams of student entrepreneurs — all from the University of Maine — walked away with cash prizes, according to the […]

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UMaine mentioned in Mainebiz article on Old Town business development

The University of Maine was mentioned in a Mainebiz article about new federal legislation that removes deed restrictions on land at the Old Town Airport, allowing it to be used for business development. The bill to help spur economic growth and job creation in Old Town was signed into law by President Donald Trump, according […]

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Process Development Center mentioned in MaineToday article on beer coasters

The University of Maine’s Process Development Center was mentioned in a MaineToday Magazine article about a Maine-based company looking to develop beer coasters. After entrepreneur Kai Smith found the vast majority of the world’s coasters come from one town in Germany, he learned the raw materials used to make them are similar to what is […]

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Eddy quoted in Undercurrent News article on Maine oysters

Steve Eddy, director of the Center for Cooperative Aquaculture Research at the University of Maine, was quoted in the Undercurrent News article, “Oysters, not lobsters, are leading seafood growth from Maine thanks to ‘insatiable’ demand.” The oyster trend has been building for several years, while Maine’s lobster supply declined during the last two years, according […]

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BloombergQuint cites Wahle, settlement index in report on Maine’s lobster industry

Rick Wahle, a research professor at the University of Maine’s Darling Marine Center, was quoted in the BloombergQuint article, “Maine’s booming lobster industry starts feeling some heat.” Lobster harvests already have collapsed in several states farther down the Atlantic coast, providing evidence for the warming-ocean-temperatures theory of the lobster boom, according to the article. The […]

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Mainebiz cites Gabe’s study in report on proposed Waterfront Concerts venue

Mainebiz cited an economic impact study by Todd Gabe, a professor of resource economics and policy at the University of Maine, in an article about Waterfront Concerts seeking a long-term lease extension on city-owned land in order to build a permanent open-air venue in Bangor. Waterfront Concerts’ promoter signed a new 10-year contract with the […]

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Maine Startups Insider reports on UMaine Business Challenge finalists

Maine Startups Insider reported on the finalists for the seventh annual UMaine Business Challenge, the largest business-plan competition for college students in the state. The entrepreneurs were paired with mentors and have two weeks to prepare for the live pitch event on March 31 in Orono, according to the article. Up for grabs is $20,000 […]

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