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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
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 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 Mussel Sector: Maine in 2020

Mussel Sector: Maine in 2020

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.
2020
Carter Newell, Pemaquid Mussel Farms
Visit Research, Development and Education Priorities for the Aquaculture Sector in Maine

Research, Development and Education Priorities for the Aquaculture Sector in Maine

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.
2020
Maine Aquaculture Innovation Center
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 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 Husbandry

Husbandry

Good husbandry is critical to success and this gives a general overview of its importance.
2016
Aquaculture in Shared Waters
Visit Penobscot Bay: Scallop Farming

Penobscot Bay: Scallop Farming

Presentation on what was learned from Japan, the world leaders in scallop aquaculture, including lantern nets, spat bags, grading, washing, and recipes.
2016
PenBay Farmed Scallops
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
Visit The Business of Aquaculture

The Business of Aquaculture

Reviews the keys to running a successful business; the four P's of marketing, wholesale distributors, risks, and sales.
2015
Aquaculture in Shared Waters
Visit Aomori Ear-Hanging Machinery

Aomori Ear-Hanging Machinery

As part of an ongoing and productive relationship, a delegation from Maine visited the gear supplier Mutsu Kaden Tokki Co., Ltd. located in Aomori Prefecture, Japan. This video reviews the gear needed for the Japanese scallop aquaculture industry technique called 'ear-hanging'.
2015
Maine Sea Grant
Visit Cash-Flow Based Planning for Aquaculture Businesses

Cash-Flow Based Planning for Aquaculture Businesses

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.
2014
Engle-Stone Aquatic$ LLC, National Aquaculture Association
Visit Sea Scallop Farming in Maine: Seed Handling and Bottom Cages

Sea Scallop Farming in Maine: Seed Handling and Bottom Cages

This video is narrated by Dana Morse and reviews how to collect sea scallop spat and grow your seed in bottom cages.
2014
Maine Sea Grant

Resources Database

Popular Searches

Species

Key Ideas

MAA Financial Benchmarking Report

Offshore Safety and Survival Training

Choose a Business Structure

U.S. Coast Guard Boating Safety Education

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

Mussel Sector: Maine in 2020

Research, Development and Education Priorities for the Aquaculture Sector in Maine

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

Getting to Know Your Water

Husbandry

Penobscot Bay: Scallop Farming

Growing Your Aquaculture Business: Expanding or Diversifying

The Business of Aquaculture

Aomori Ear-Hanging Machinery

Cash-Flow Based Planning for Aquaculture Businesses

Sea Scallop Farming in Maine: Seed Handling and Bottom Cages

Species

Key Ideas

Results

MAA Financial Benchmarking Report

Offshore Safety and Survival Training

Choose a Business Structure

U.S. Coast Guard Boating Safety Education

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

Mussel Sector: Maine in 2020

Research, Development and Education Priorities for the Aquaculture Sector in Maine

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

Getting to Know Your Water

Husbandry

Penobscot Bay: Scallop Farming

Growing Your Aquaculture Business: Expanding or Diversifying

The Business of Aquaculture

Aomori Ear-Hanging Machinery

Cash-Flow Based Planning for Aquaculture Businesses

Sea Scallop Farming in Maine: Seed Handling and Bottom Cages