Todd Gabe, an economics professor at the University of Maine, was quoted in the Bangor Daily News article, “A wealthy group bought the heart of a poor Maine town to build an artist colony.” Since October, the nonprofit Libra Foundation has spent $750,000 buying property in Monson, and plans to spend as much as $10 […]
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A highly skilled workforce, technology-using companies and energy-based resources are the most important factors supporting economic development in the United States, according to a University of Maine economist. Workforce skills and high-tech businesses are particularly key to the performance of the nation’s largest cities, says Todd Gabe, a professor in UMaine’s School of Economics. In […]
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WABI (Channel 5) reported on the Top Gun regional showcase held in Bangor. Seven members of the 2017 Top Gun Bangor Region Class competed by pitching their business ideas to a panel of judges who chose two finalists to move on to the final competition in Portland where they could win $10,000. “These entrepreneurs are […]
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Mainebiz reported on a recent collaboration between the Advanced Manufacturing Center at the University of Maine and Westbrook-based Lanco Integrated that has resulted in the building of a new automation machine for L.L.Bean. The machine will be used in the outdoor retailer’s Brunswick manufacturing facility — and is expected to increase production and quality, Mainebiz […]
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The Associated Press, Maine Public, Mainebiz and WABI (Channel 5) reported the University of Maine will receive more than $1 million in federal money for projects focused on improving the rural economy in the state. The money is from the U.S. Department of Agriculture’s Agriculture and Food Research Initiative. UMaine researchers Jessica Leahy and Mindy […]
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Three University of Maine projects were awarded a total of more than $1 million in U.S. Department of Agriculture grants to improve sustainable agriculture and help rural communities thrive. The USDA’s National Institute of Food and Agriculture (NIFA) awarded nearly $17.5 million to 47 institutions nationwide. The funding is made possible through NIFA’s Agriculture and […]
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The Associated Press reported an arm of the University of Maine is working on a 10-year push to grow marine jobs in the state. The Alliance for Maine’s Marine Economy is working on the effort, which it says will cost more than $16 million and will target new investments that can be useful for marine […]
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A University of Maine video on the state’s aquaculture industry and related research was featured on Science360. For more than four decades, UMaine has conducted research and provided educational outreach related to the farming of aquatic organisms, such as finfish, shellfish or sea vegetables. In 2014, that support took a giant step forward with the […]
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Maine Startups Insider reported [Re]Produce, a company that wants to turn Maine farmers’ surplus into high-end locally sourced frozen food, won the sixth annual UMaine Business Challenge. Anita van Dam and Grace Burchard, both students at College of the Atlantic in Bar Harbor, took home the first-place $5,000 cash award, which van Dam said the […]
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The Bangor Daily News, Portland Press Herald, WABI (Channel 5), Mainebiz, Woodworking Network and WLBZ (Channel 2) reported on the new Biomass to Bioproducts Pilot Plant at the University of Maine’s Technology Research Center in Old Town. Biofine Technology, a Massachusetts company focused on making liquid fuel, chemicals and other advanced materials from wood, intends […]
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