Resources Database

Discusses what marketing is and why it is important including developing a marketing plan, market outlets, and personalizing the products and the 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.

List of Grants and Requests for Proposals (RFPs) on the Department of Marine Resources (DMR) website. These include opportunities in Coastal Access & Working Waterfronts, Coastal Community Planning, and Outreach & Education.

Careful financial management is essential for the success of an aquaculture business. While financial management is a complex topic that can be approached from many perspectives, there are some key questions that the manager of an aquaculture business must answer affirmatively to be successful. Determining the answers requires careful, thorough, and comprehensive analysis. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, outlines the types of analyses and financial statements required to answer these critical questions.

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.

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.

Matt Parker, aquaculture business specialist, presents basic business concepts such as writing a business plan, developing pro forma statements, costs associated production, and record keeping to determine the costs of production.

This directory aims to identify available sources of seaweed (macroalgae) seed for cultivation in the United States. The directory includes facility contact information, available species, and other factors related to seaweed seed sources. Updated annually, this directory will serve as a valuable resource to current and prospective farmers, regulatory authorities, and researchers across the country. Please note, this directory only reflects facilities that have chosen to opt-in, and therefore, is not a complete list of all sources.

This guide was created to help the emerging seaweed industry understand the prevailing regulatory requirements surrounding the production of seaweeds as food. There are currently two regulations that are being used to regulate seaweeds at either the federal or state level: the Current Good Manufacturing Practice, Hazard Analysis, and Risk-Based Preventive Controls for Human Food (GMP/PCHF) regulation and the Seafood Hazard Analysis Critical Control Point regulation. This guide will help the reader understand the similarities and differences between the two regulations and help the reader understand how their operation might be regulated.

The Maine Aquaculture Financing Resources Manual, developed by MAA Project Manager Christian Brayden with support from FocusMaine, is an in-depth summary of all known financing resources available to Maine aquaculture producers.

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.

You need to plan ahead to make sure seed stock is available for the growing season. Without a lead on seed, you could end up missing the entire growing season of your first year.

CEI Ventures manages socially responsible venture capital funds. Our investments help to create quality employment opportunities, especially for those with low to moderate incomes; promote progressive management practices; support socially beneficial products and services; enrich distressed communities; and foster environmental sustainability.

MTI offers grants, loans, equity investments, and services to businesses, organizations, and individuals to support Maine’s innovation economy. MTI defines innovators as individuals or groups who introduce ideas that create something new or improve an existing product, service, or process.

Lists Maine Sea Grant Funding Opportunities, Regional Research and Funding Opportunities, Sea Grant Supported Scholarship and Fellowship Opportunities, and Other NOAA Scholarship Opportunities.

Whole-Farm Revenue Protection (WFRP) provides a risk management safety net for all commodities on the farm under one insurance policy and is available in all counties nationwide. This insurance plan is tailored for any farm with up to $8.5 million in insured revenue, including farms with specialty or organic commodities (both crops and livestock), or those marketing to local, regional, farm-identity preserved, specialty, or direct markets.

An overall business resource on starting a business, business licensing, corporate resources, business taxes, and employer resources.

Step by step guide to help plan, launch, manage, and grow small businesses including, writing a business plan, calculating start-up costs, get funding, managing your finances, and more.

A nonprofit organization providing educational workshops and helping small businesses get started, grow and operate effectively.

A leader in the small business economic and development arenas that assists new businesses as well as existing businesses manage, run and grow.