Economic Development

CCAR, Tropical Fish Business Featured in Ellsworth American Article

The University of Maine’s Center for Cooperative Aquaculture Research (CCAR) in Franklin was mentioned in an Ellsworth American article about Sea & Reef Aquaculture, a company housed in the facility. Sea & Reef provides aquacultured tropical marine fishes to the saltwater aquarium trade. The company’s owner Soren Hansen is a native of Denmark who earned […]

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Two Innovate for Maine Fellows Part of Bitzy Baby Success

Bitzy Baby, a juvenile safety product company in Brunswick, Maine, has been selected as a finalist in the U.S. Small Business Administration InnovateHER Business Challenge, a nationwide competition for entrepreneurs to develop products and services to enhance the lives of women and their families. Bitzy Baby has been involved in the Innovate for Maine Fellows program, supported […]

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Wind and Wave Facility Awarded $351,000 Grant by MTI, WABI Reports

WABI (Channel 5) reported the University of Maine’s Advanced Structures and Composites Center has been awarded $351,092 by the Maine Technology Institute for its new wind and wave facility. The grant will add two additional pieces of equipment to the $8 million facility that will house W² — the world’s first wind and wave lab […]

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Press Herald Reports on UMaine Business Challenge Winner

The Portland Press Herald reported University of Maine Ph.D. student Nadir Yildirim and UMaine alumnus Alexander Chasse won the 2015 UMaine Business Challenge for their company that aims to develop forest-based, environmentally friendly materials for the construction, insulation and food-packaging industries. Yildirim, a student in the Wood Science and Technology Program in the School of […]

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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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