Resources Database

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.

Research paper on mussel spawning, spat (seed) collection, and hatchery grow out. They researched naturally and artificially conditioned mussel broodstock; compare different ropes used for settling larvae; hatchery production methods; if differences exist in growth and retention rates; whether working mussel farms would benefit from multiple cohorts of cultured seed; & the effectiveness of remote vs. traditional setting methods to decrease costs associated with the production of cultured mussel seed.

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 plan features include short & long-term budget projections & tracking, financial projection and analysis tools, monthly cash flow projections, costs of production analysis, profitability analysis, sensitivity analysis, and breakeven analysis. The production plan offers short & long-term production projections & tracking data-based growth projections, monthly sales planning & tracking, and a production calendar. If you are interested in setting up a business plan, please reach out to Christian at [email protected].

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.

DMR welcomes and encourages comment on aquaculture lease applications. This explains the process, scoping sessions, submitting a comment, speaking at a public hearing and more.

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.

Overview of how Pemaquid Mussel Farms reached their development goal of a 5 fold increase in production within 10 years to $15 million annually using new technology and business planning.

This report is based on the research priorities survey conducted in June 2019 of Maine’s aquaculture community and is compared with surveys from 2012 and 2016 to look at trends. There have been some changes in the prioritization of needs since 2016, but many of the same research, development, and education (R&D&E) needs persist and remain unaddressed. As expected, there are different R&D&E priorities for different aquaculture sectors.

Fact sheet on aquaculture lease hearings which are an adjudicatory hearing. It also includes the criteria for issuing aquaculture leases.

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.

Explains how to participate in a hearing, testimony, questions, public support or opposition, intervenor, and after the hearing.

A brief overview of what aquaculture is, why people do it, and how people do it in Maine.

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

If you're thinking about farming mussels, either as a sideline or the main chance, this booklet is designed to help you make decisions.This booklet reviews mussel raft culture in the Gulf of Maine, The Mussel Raft Project, Predators, storms and moorings, Mussel biology, Selecting a site, Steps in culturing mussels, Outreach, applied research, Sales and marketing , Getting into business, Planning a mussel business, Training and information, Leases and permits, Suppliers, and provides further reading suggestions.