FocusMaine and MTI receive $2M award to develop marine economy and workforce

10 April 2020

Today, Maine’s Congressional Delegation and the federal Economic Development Administration (EDA) announced a $2 million Economic Adjustment Assistance (EAA) award to the State of Maine to help it develop an industry-led roadmap and action plan for economic growth and greater resiliency in its marine economy. The award provides critical funding to support Maine’s Marine Economy initiative – – a three-year project that will provide strategies to match Maine’s marine-related products with global markets and develop strategies to attract investment in new markets. It will also identify new opportunities and barriers to value-added production and will seek ways to maximize efficiencies and returns across the seafood value-chain. This project will also address current and future workforce challenges in Maine’s marine resource economy.

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MTI FocusMaine EDA Grant Award 04082020