Resources Database

List state and federal grants to provide services, resources and personnel to nonprofit groups, municipalities and other agencies.

Maine Aquaculture Innovation Center has limited funds to support innovative research that will help advance the Maine aquaculture industry and also lists Maine funding opportunities.

Reviews the different types of disaster insurance that would cover hurricanes and typhoons, oil spills, harmful algal blooms, and other types of disasters, both natural and manmade, that cause a aquaculture farm to be harmed or fail.

These risk management tools are designed to help Maine aquaculture producers find new ways to identify and respond to risk on their farms and in their businesses. The tools include information and visuals to help farmers identify risk factors and risk management within each of the five categories of risk as well as aquaculture crop insurance options currently available.

University of Maine Cooperative Extension provides small-business education for Maine people. Workshops and business management publications cover a variety of business-related topics, including: marketing, pricing, financial management, Internet marketing, record keeping, and customer service.

The business structure you choose influences everything from day-to-day operations, to taxes, to how much of your personal assets are at risk. You should choose a business structure that gives you the right balance of legal protections and benefits.

Guidance on the five steps to form an LLC; chose a name, find a registered agent, file certificate of formation, create an operating agreement, and get an EIN.

Dr. Carole Engle, a specialist in aquaculture economics, gives an overview on how to survive during cash deficits using short-term cash management plans and determining how much debt is too much to take on by calculating the debt to asset ratio.

Established in 1920 and revised in 2006, the Jones Act is a federal statute for the United States that provides the laws and regulations for U.S. waters and ports.

Frequently Asked Questions to help employees and employers gain a general understanding of the Longshore and Harbor Workers' Compensation Act (LHWCA) and its extension acts.

Writing a strong business plan is important for any company as it provides a roadmap to success. The most important reason for writing a solid business plan is that it demonstrates to investors, financial institutions, and other lenders that you have a cohesive vision for your company.

Provides financial assistance to producers of non-insurable crops to protect against natural disasters that result in lower yields or crop losses, or prevents crop planting.

Fact sheet outlining USDA loan programs, maximum loan amounts, rates, terms, and use of proceeds.

Overview of the different types of farm loans you can get from the USDA such as FSA farm loan, farm ownership loan, farm operating loan, conservation loans and more.

Dr. Carole Engle, a specialist in aquaculture economics, discusses growing your aquaculture businesses: whether should you expand or diversify and what conditions should you consider doing so. This will help you determine if is it the right time to expand your business, increase production, or move into new markets.

Reviews the keys to running a successful business; the four P's of marketing, wholesale distributors, risks, and sales.

Dr. Carole Engle, a specialist in aquaculture economics, discusses cash-flow for aquaculture businesses, how to maintain a positive cash-flow position, and common pitfalls in developing a cash-flow budgeting.

Developed to describe all Federal programs and activities that directly or indirectly encourage, support, or assist U.S. aquaculture.

A critical long-term decision aquaculturists must make is to determine whether the business can generate enough value over time to pay off its debts. The appropriate financial statement for doing this is the balance sheet. The balance sheet is divided into two main categories: assets and liabilities. The balance sheet is structured by dividing assets and liabilities into one of two time periods: current and noncurrent. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, will help you identify the financial strengths and weaknesses of your business using balance sheets.

Aquaculture risk management fact sheet covering the types of risks aquaculturists deal with and how to manage these risks include both insurance and non-insurance options.

Reviews business management skills, such as finance, record keeping, marketing, and personnel management. More aquaculture businesses fail because of poor management than poor production practices.