Home / ECONOMY / State’s future economy anchored in the sea, University of Maine president says – UMaine News

State’s future economy anchored in the sea, University of Maine president says – UMaine News

State’s future economy anchored in the sea, University of Maine president says – UMaine News


The future economic landscape of Maine is being significantly shaped by its marine resources, as outlined by University of Maine President Joan Ferrini-Mundy during the recent Maine Blue Economy Innovation Summit. This pivotal moment reflects broader trends in aquaculture, marine technology, and community involvement, which are now central to Maine’s evolving economy.

President Ferrini-Mundy emphasized that understanding the blue economy goes beyond just research; it also requires a focus on the skilled workforce that drives this sector. “You don’t get to focus on an economy without thinking about the people who make and drive that economy,” she remarked, underscoring the importance of education and training in the state’s economic strategy. This sentiment aligns with UMaine’s mission as a land grant university, which has a longstanding tradition of supporting agriculture and forestry, now expanded to include a focus on marine environments.

The role that UMaine plays in this transition cannot be overstated. The university’s hub for aquaculture and marine technology research, known as UMaine MARINE, fosters collaborative ventures among students, faculty, and industry practitioners throughout the state. Various research facilities affiliated with UMaine—from the Aquaculture Research Institute in Orono to the Darling Marine Center in Walpole—emphasize the commitment to sustainable practices in aquaculture and marine science.

During her address, Ferrini-Mundy highlighted ongoing innovative efforts targeting sustainable aquaculture practices, new feed alternatives, and advancements that act to fortify Maine’s seafood sector. These initiatives ensure not just local but global leadership in marine research. For example, collaboration between researchers and boatbuilders addresses cutting-edge designs and adaptations needed to withstand extreme weather conditions—an essential factor for Maine’s coastal communities.

The Maine Blue Economy Innovation Summit drew a diverse audience, including business leaders, researchers, policymakers, and students. The agenda encouraged discussions focused on various sectors like aquaculture, fisheries, coastal engineering, and community resilience. Michael Duguay, commissioner of the Maine Department of Economic and Community Development, delivered a thought-provoking keynote address, underlining the historical significance of maritime industries while pointing out the dynamics of change that Maine is now embracing.

Duguay noted that the blue economy influences every coastal town in Maine, supporting tens of thousands of jobs. He explained the growth witnessed in the aquaculture sector, which has seen the state’s production of farmed seaweed expand significantly. The industry’s value has doubled in the last decade, illustrating the potential for further growth and innovation. He highlighted not just traditional seafood like oysters and mussels but also newer sectors involving kelp and salmon farming—a response to increased global demand for sustainable and nutritious protein sources.

The summit also addressed other emerging industries, such as seafood processing, biotechnology, and the use of advanced materials. Maine’s legacy of boatbuilding, bolstered by new composite technologies, positions the state to be a leader in sustainable marine transportation solutions. Moreover, the realm of marine biotech offers exciting avenues for research and development, with Maine researchers paving the way in pharmaceuticals and innovative materials.

Support from state initiatives has also proven critical in paving the way for these advancements, with over $10 million in grants distributed to businesses and nonprofits following last winter’s storms. These grants not only prevented job losses but also supported infrastructure resilience and local economies. Duguay highlighted the importance of collaborating with educational institutions to equip Mainers with the skills required for careers in aquaculture and marine technology.

With UMaine’s ongoing initiatives anchored in research and community partnerships, Maine’s blue economy is positioned for growth and sustainability. As noted by various experts throughout the summit, the foundation laid by educational institutions, combined with efforts from local businesses and policymakers, will be vital in promoting innovation and boosting the state’s economy.

In summary, Maine’s maritime industries are entering a transformative era, driven by research, skilled labor, and community involvement. With core sectors like aquaculture and marine technology taking the forefront, the state is uniquely positioned to navigate the complexities of the blue economy. By investing in education and fostering partnerships, Maine aims to not only preserve its maritime heritage but also to cultivate a dynamic and robust economic future anchored in the sea.

For those interested in exploring the impactful work and resources available at the University of Maine and its commitment to advancing the blue economy, further information can be found on UMaine’s official website. The university continues to serve as a critical driver of innovation and development, ensuring that Maine remains at the forefront of marine research and industry growth.

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