Resources Database

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.

Kelp offers a promising way for fishermen to diversify their income streams in the lobster offseason, and it's also the newest seafood product GMRI verified under their Gulf of Maine Responsibly Harvested® label. The Gulf of Maine Responsibly Harvested® label is a promise that seafood hails from the clean, cool waters of the Gulf of Maine and the fishery or farm is managed in a way that contributes to the long-term health of the resource. The label empowers consumers to buy seafood they can feel good about.

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.

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.

Atlantic Captain’s Academy offers a variety of Coast Guard approved courses for Coast Guard captain’s license candidates.

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.

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.

This report assesses the potential market environment for Maine farm-raised sea scallops including political, economic, social, technological, environmental, legal/regulatory, strengths, weaknesses, opportunities, and threats.

Reviews quality, consistency, cleanliness, food safety, shape, flavor, year-round availability, timely shipping, attractive packaging and a nice name.

In-depth paper on the implementation of the United Nations’ 2030 Agenda for Sustainable Development and its 17 Sustainable Development Goals.

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.

A data-driven, quantitative market assessment that informs industry leaders and business owners about the potential scale and scope of markets for farmed shellfish and to facilitate strategic growth in the industry.

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.

A study the researched and inventoried the seasonality, sources, and market utilization of locally produced seafood within the state and help educate food consumers at many different levels about the opportunities for gaining access to Maine seafood.

Video of a workshop that goes over niche marketing for raw bar cultured oysters, differentiating your product on qualities and adapting your marketing pitch, how to target key buyers and get maximum return.

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.