Economic Development

UMaine Ph.D. Student Wins UMaine Business Challenge

University of Maine Ph.D. student Nadir Yildirim won first place at the 2015 UMaine Business Challenge for his company that aims to develop eco-friendly, recyclable and reusable products for several industries. Yildirim, a student in the Wood Science and Technology Program in the School of Forest Resources, received $5,000 to further develop his business, Revolution […]

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Startup Located at CCAR Awarded $1M in Grants, Press Herald Reports

The Portland Press Herald reported Acadia Harvest, a startup company that is developing a land-based, indoor fish farm to raise black sea bass and California yellowtail, recently was awarded two grants. The company, which is located at the University of Maine Center for Cooperative Aquaculture Research (CCAR) in Franklin, was awarded $657,000 from the National […]

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Seaweed research

Skonberg, Student Team With Company to Study Aquacultured Seaweed Products

University of Maine associate professor Denise Skonberg and graduate student Dhriti Nayyar are working with a Bristol company to study the shelf life and nutritional values of aquacultured sea vegetable products. Maine Fresh Sea Farms, a startup based on the Damariscotta River, is one of five Maine companies to share $471,571 in Value Added Producer […]

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Blackstone Accelerates Growth Funding Period Ends, Mainebiz Reports

Mainebiz reported funds for Blackstone Accelerates Growth, a $3 million initiative launched in 2011 by the Blackstone Charitable Foundation, will run out this fall and won’t be renewed in the program’s current form. Blackstone Accelerates Growth is a partnership among the Maine Technology Institute, the Maine Center for Entrepreneurial Development and the Foster Center for […]

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Press Herald Reports on UMaine Business Challenge Finalists

Finalists for the UMaine Business Challenge, the state’s largest student entrepreneurship competition, were announced in a Portland Press Herald blog post. One of the five finalists will receive a $5,000 award to help develop their idea into a business, according to the article. The UMaine Business Challenge was founded in 2011 by a group of […]

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‘Making it in Maine’ Black Bear Business Conference April 24

The University of Maine Alumni Association will host the second annual Black Bear Business Conference on Friday, April 24 at the Buchanan Alumni House on the UMaine campus. “Making it in Maine,” aims to connect would-be entrepreneurs from across the state with a range of available resources to help them succeed. The half-day conference, which […]

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Porter, Student Speak with MPBN About New Potato Variety

Gregory Porter, chairman of the Department of Plant, Soil and Environmental Sciences; and Matt Schultheis, a student in Porter’s lab, spoke with the Maine Public Broadcasting Network for a report about a new potato variety created by UMaine and the Maine Potato Board. Porter described the Caribou Russett as having high quality for fresh consumption, […]

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UMaine Student Wins Big Gig Finale, WVII Reports

WVII (Channel 7) reported University of Maine student Spencer Wood was named the winner of the latest Big Gig pitch-off finale at the University of Maine’s Foster Center for Student Innovation. Finalists from the last three Big Gig pitch-off events competed for a $1,500 grand prize sponsored by University Credit Union. Wood presented the app […]

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Latest Invention: Stronger, Longer-Lasting Fuel Cell Technology

Fuel cells are alternative energy-generation devices that provide continuous electricity with low to zero emissions at the source. NASA first used modern fuel cells in space vehicles. Today, fuels cells provide power in a variety of applications, including automobiles, backup generators, fork lifts and portable electronic devices. One type of fuel cell, the proton exchange membrane […]

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Press Herald Interviews Belding About High-Skill Jobs in Maine

The Portland Press Herald spoke with John Belding, director of the University of Maine’s Advanced Manufacturing Center, for an article about a new report that says Maine is trailing the rest of New England in developing advanced manufacturing jobs, which require a higher set of skills and also pay better than traditional manufacturing. The report, […]

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