Resources Database

The comprehensive financial analysis of aquaculture businesses requires that three key aspects of financial management be evaluated: financial position, profitability, and liquidity/cash flow position. Profitability is the difference between total revenue and total cost. It must be analyzed separately from financial position and liquidity/cash flow. This publication written by Dr. Carole Engle, a specialist in aquaculture economics, discusses profitability as measured from income statements and enterprise budgets.

Cash flow problems are one of the most common types of financial problems in aquaculture businesses. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, addresses the question of whether the business can generate enough cash when needed to pay its bills (liquidity). Liquidity is a fairly broad concept, and a number of financial indicators can be used to measure it. Of these, the cash flow statement is the most useful means of monitoring the liquidity of a business.

Guidance document for industry that identifies areas DMR has deemed a high biotoxin risk and specific management criteria for safe harvest.

The Maine Department of Marine Resources' online licensing and landings system, called LEEDS (Licensing Enforcement and Environmental Data System) is now available. In order to apply for a new license or renew a license with the system, you first need to create a login for LEEDS

Thesis paper explaining the work that went into creating the Oyster suitability Index.

Evaluates all shellfish growing areas in the state of Maine to determine their suitability for harvest by conducting a "sanitary survey," which is a three-fold process.

A basic list of what licenses you need to sell your aquaculture shellfish at your home, at your lease site, to your local grocery/general store, roadside, to a restaurant, to a wholesale distributor, at a farmers market, or out of state.

This flowchart maps the different licenses you need to have to sell your aquaculture shellfish out of state by mail or by vehicle, and in the state of Maine including selling direct to restaurants, and wholesale distributors, at a farmer's market, your home, and your lease site.

The Maine Seaweed Council strives to protect the ecosystems of Maine’s marine algae and adhere to sustainable cultivation and harvest practices, promote the use of Maine seaweeds, educate the public, regulators, and elected officials, and provide a collaborative forum for its members.

Licenses AND Sanitation Certificates must be applied for online! This is new and the preferred system for applications now. This includes Shellstock Shipper Certificate, Shucker-Packer Certificate, Shellfish Reshipper Certificate, and Depuration Processor Certificate.

Provides a summary of direct and indirect environmental factors that may affect your site selection for your marine aquaculture business.

Coastal Enterprises, Inc. provides loans to aquaculturists. If you are seeking to grow your aquaculture operation but have had difficulty getting a loan from a commercial lender, CEI is here to help.

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.

University of Maryland Extension, Maryland Sea Grant, Chesapeake Bay Foundation, and Chesapeake Oyster Alliance are proud partners for “Seed to $$$” - a program for those in aquaculture to learn to manage their businesses for more profit. The US has experienced rapid economic growth in the last few years. This was due to increased spending designed to stimulate the economy in the wake of the pandemic. Recordings of the 8 presentations from the Seed to $$$ meeting are now available for viewing.