Resources Database

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.

A critical long-term decision aquaculturists must make is to determine whether the business can generate enough value over time to pay off its debts. The appropriate financial statement for doing this is the balance sheet. The balance sheet is divided into two main categories: assets and liabilities. The balance sheet is structured by dividing assets and liabilities into one of two time periods: current and noncurrent. This publication, written by Dr. Carole Engle, a specialist in aquaculture economics, will help you identify the financial strengths and weaknesses of your business using balance sheets.

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.

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

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.

Earn a Certificate in Coastal Fisheries & Marine Technology with added industry recognized credentials such as PADI Diver Certification, OUPV Captain's License and ABYC Certifications for free.

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.

Free online boating safety course that is recognized by the U.S. Coast Guard, approved by NASBLA and the Maine state boating license agency. Complete the course in three steps: enroll in a Boating Safety Course from the course catalog, study and pass the free Boating Safety Course, and print out your certificate of completion.

Maine Aquaculture Innovation Center, in collaboration with The World Wildlife Fund, is on a mission to get educational resources about seaweed aquaculture into Maine’s 5th-grade classrooms. During the summer and fall of 2023, we will distribute With a Little Kelp from Our Friends– a book on the secret life of seaweed written by Mathew Bate and illustrated by Liz Rowland– to educators. The book will be accompanied by teacher resources to increase literacy about seaweed aquaculture.

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

An ID guide to organisms commonly found in, on, and around oyster grow bags ​and other aquaculture equipment used in the Gulf of Maine and North Atlantic.

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.

The Sea Grant network has established a National Seaweed Hub to serve as a science-based, non-advocacy resource for the domestic seaweed and seaweed aquaculture industry. This collaboration provides a framework to share information, address challenges, identify needs, and find opportunities in this emerging industry.

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.