Economic Development

Gov. Mills signs bill to advance UMaine offshore wind project, media report

Gov. Janet Mills recently signed legislation directing the Public Utilities Commission to approve the contract for Maine Aqua Ventus, a first-of-its-kind wind project in the United States, the Portland Press Herald reported. “With the innovative work being done at the University of Maine, our state has the potential to lead the world in floating offshore […]

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UMaine, East Millinocket get $1.25M for forest-industry development, Mainebiz reports

Mainebiz reported the federal government will award $1.25 million in grants to support forest-industry development projects at the University of Maine and in East Millinocket. UMaine will receive $1 million to build a demonstration-scale nanocellulose plant, and East Millinocket will get $250,000 to support the acquisition of a former paper mill site, according to a […]

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UMaine awarded $1M to help revitalize state’s forest economy

The University of Maine has been awarded $1 million from the Northern Border Regional Commission (NBRC) to build a demonstration scale nanocellulose plant that will advance next generation bio-based products. U.S. Sens. Susan Collins and Angus King announced the NBRC will award $1,250,000 in grants to UMaine and the town of East Millinocket. Both projects […]

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UMaine biotech spinoff company wins Top Gun prize, media report

The Bangor Daily News, Mainebiz and Maine Startups Insider reported Neuright Inc., a biotech spinoff from the University of Maine, and Sticky Sweet, Portland’s first company featuring plant-based ice cream, each won a $25,000 prize as winners of the Top Gun entrepreneur contest. Neuright is developing a combined diagnostic test and therapy for early detection […]

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News Center Maine speaks with Pendse about wood-based biofuel manufacturing

News Center Maine spoke with Hemant Pendse, director of the University of Maine Forest Bioproducts Research Institute and a professor of chemical and biomedical engineering, about a process that converts sawdust, wood pulp or any other wood biomass into crude oil. The FBRI, located in Old Town, operates a fee-for-service pilot plant where new startups […]

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UMaine recognized at Maine Manufacturing Summit, media report

The Sun Journal and Mainebiz reported on the Manufacturers Association of Maine’s annual summit held in Auburn. Hundreds of attendees from 132 companies turned out at the Maine Manufacturing Summit to talk challenges and innovation, answer state trivia and watch high school robotics demonstrations, according to the Sun Journal. “Innovator of the Year” was awarded […]

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UMaine awarded $250,000 U.S. Forest Service Wood Innovation Grant, media report

WAGM (Channel 8 in Presque Isle), Biomass Magazine, Republican Journal, Mainebiz and the Kennebec Journal and Morning Sentinel reported on recent funding awarded by the U.S. Forest Service’s Wood Innovation Grant Program. U.S. Sens. Susan Collins and Angus King, a cofounder of the Senate Working Forests Caucus, applauded the announcement that the University of Maine […]

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Mainebiz reports on Top Gun Showcase finalists

Mainebiz reported 10 companies will compete in the 2019 Top Gun Showcase at the University of Southern Maine. The Maine Center for Entrepreneurs and its partners — the University of Maine, Lewiston Auburn Economic Growth Council, MaineStream Finance, and the Harold Alfond Institute for Business Innovation at Thomas College — recently named 10 winners of […]

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