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Visit MAA Financial Benchmarking Report

MAA Financial Benchmarking Report

This first-of-its-kind Maine Aquaculture Industry Financial Benchmarking report presents results from the calculation of a series of benchmarks designed to serve as guidance for prospective Maine shellfish and seaweed producers for use in their business planning, as well as by lenders in the evaluation of loan applications.
2020
Maine Aquaculture Association
Industry Perspective

Rookie Mistakes

Everyone makes rookie mistakes in the beginning. Here are some learned lessons from Love Point Oysters to help give you a head start.

Ben Hamilton and Cameron Barner
2020
Industry Perspective

Things to Be Aware of From a Shellfish Sanitation Perspective

This document was generated by DMR Bureau of Public Health staff and reflects things to be aware of when considering an aquaculture lease application from a shellfish sanitation perspective.

Maine Department of Marine Resources Bureau of Public Health
2020
Visit Offshore Safety and Survival Training

Offshore Safety and Survival Training

Provides the essential skills, knowledge and confidence to survive potentially life-threatening situations using both classroom and hands on training in the use of lifesaving equipment.
2020
McMillan Offshore Survival Training
Visit Choose a Business Structure

Choose a Business Structure

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.
2020
U.S. Small Business Association
Visit U.S. Coast Guard Boating Safety Education

U.S. Coast Guard Boating Safety Education

U.S. Coast Guard Auxiliary boating courses provide instruction to boaters at all levels, from the fundamental to the advanced.
2020
U.S. Coast Guard Auxiliary
Visit Oyster Production Equipment Comparisons 2016–2018

Oyster Production Equipment Comparisons 2016–2018

The report provides information on commercially relevant aspects of oyster production gear associated with each equipment type employed including, BST™ Crosshatch, BST™ Longline, OysterGro, Rack and Bag, & Seapa™. They tracked oyster survival, growth by season, shell morphology, worm presence, and cost estimates.
2020
Maryland Sea Grant, University of Maryland
Visit Maine Sea Grant

Maine Sea Grant

Supporting marine science for Maine people focusing on Maine’s coastal communities, scientific research, and tomorrow's marine workforce.
2020
Maine Sea Grant, University of Maine
Industry Perspective

Starting a Farm in a New Area

Starting a farm can be seem overwhelming especially in an area where it hasn't been done before. Here's how Bar Harbor Oyster Co. overcame their obstacles and created a successful business.

Joanna and Jesse Fogg, business owners
2020
Visit Oyster Aquaculture Site Selection Using Landsat 8-Derived Sea Surface Temperature, Turbidity, and Chlorophyll a

Oyster Aquaculture Site Selection Using Landsat 8-Derived Sea Surface Temperature, Turbidity, and Chlorophyll a

Thesis paper explaining the work that went into creating the Oyster suitability Index.
2020
University of Maine
Visit How to Form an LLC in Maine

How to Form an LLC in Maine

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.
2020
TRUiC
Visit Methods and Materials for Aquaculture Production of Sea Scallops (Placopecten magellanicus)

Methods and Materials for Aquaculture Production of Sea Scallops (Placopecten magellanicus)

In depth review of sea scallop biology, spat collection, nursery, grow out, gear, husbandry, site selection economic considerations and biotoxins/public health.
2020
Coastal Enterprises, Inc
Visit Aquaculture Farm Financial Management During the Pandemic

Aquaculture Farm Financial Management During the Pandemic

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.
2020
Engle-Stone Aquatic$ LLC
Visit Jones Act

Jones Act

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.
2020
Maritime Injury Guide
Visit Division of Longshore and Harbor Workers' Compensation Act

Division of Longshore and Harbor Workers' Compensation Act

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.
2020
U.S. Department of Labor
Visit Earn Your Captain's License

Earn Your Captain's License

Atlantic Captain’s Academy offers a variety of Coast Guard approved courses for Coast Guard captain’s license candidates.
2020
Atlantic Captain’s Academy
Visit Write a Business Plan

Write a Business Plan

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.
2020
Maine Technology Institute
Visit Noninsured Crop Disaster Assistance Program for 2019 and Subsequent Years

Noninsured Crop Disaster Assistance Program for 2019 and Subsequent Years

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.
2019
USDA Farm Service Agency
Visit Farm Loan Information Chart

Farm Loan Information Chart

Fact sheet outlining USDA loan programs, maximum loan amounts, rates, terms, and use of proceeds.
2019
USDA Farm Service Agency
Visit Farm Loans Overview

Farm Loans Overview

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.
2017
USDA Farm Service Agency
Visit Oyster Suitability Index

Oyster Suitability Index

The Coastal Satellite Oceanography team at University of Maine created a high resolution satellite imagery of the coast of Maine that uses sea surface temperature, turbidity, and chlorophyll concentration to determine oyster suitability.
2017
University of Maine
Visit Site Selection

Site Selection

Detailed look into why site selection is so important including, biological requirements, physical characteristics, as well as social & regulatory factors.
2016
Aquaculture in Shared Waters
Visit Getting to Know Your Water

Getting to Know Your Water

Provides a summary of direct and indirect environmental factors that may affect your site selection for your marine aquaculture business.
2016
Aquaculture in Shared Waters
Visit Growing Your Aquaculture Business: Expanding or Diversifying

Growing Your Aquaculture Business: Expanding or Diversifying

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.
2015
Engle-Stone Aquatic$ LLC, National Aquaculture Association

Resources Database

Popular Searches

Species

Key Ideas

MAA Financial Benchmarking Report

Rookie Mistakes

Things to Be Aware of From a Shellfish Sanitation Perspective

Offshore Safety and Survival Training

Choose a Business Structure

U.S. Coast Guard Boating Safety Education

Oyster Production Equipment Comparisons 2016–2018

Maine Sea Grant

Starting a Farm in a New Area

Oyster Aquaculture Site Selection Using Landsat 8-Derived Sea Surface Temperature, Turbidity, and Chlorophyll a

How to Form an LLC in Maine

Methods and Materials for Aquaculture Production of Sea Scallops (Placopecten magellanicus)

Aquaculture Farm Financial Management During the Pandemic

Jones Act

Division of Longshore and Harbor Workers' Compensation Act

Earn Your Captain's License

Write a Business Plan

Noninsured Crop Disaster Assistance Program for 2019 and Subsequent Years

Farm Loan Information Chart

Farm Loans Overview

Oyster Suitability Index

Site Selection

Getting to Know Your Water

Growing Your Aquaculture Business: Expanding or Diversifying

Species

Key Ideas

Results

MAA Financial Benchmarking Report

Rookie Mistakes

Things to Be Aware of From a Shellfish Sanitation Perspective

Offshore Safety and Survival Training

Choose a Business Structure

U.S. Coast Guard Boating Safety Education

Oyster Production Equipment Comparisons 2016–2018

Maine Sea Grant

Starting a Farm in a New Area

Oyster Aquaculture Site Selection Using Landsat 8-Derived Sea Surface Temperature, Turbidity, and Chlorophyll a

How to Form an LLC in Maine

Methods and Materials for Aquaculture Production of Sea Scallops (Placopecten magellanicus)

Aquaculture Farm Financial Management During the Pandemic

Jones Act

Division of Longshore and Harbor Workers' Compensation Act

Earn Your Captain's License

Write a Business Plan

Noninsured Crop Disaster Assistance Program for 2019 and Subsequent Years

Farm Loan Information Chart

Farm Loans Overview

Oyster Suitability Index

Site Selection

Getting to Know Your Water

Growing Your Aquaculture Business: Expanding or Diversifying