The Future of Fishing – Island Institute launches new initiative to support Maine’s lobster industry
Island Institute is proud to announce a $1.4 million award from the Small Business Administration to support Maine’s lobster industry and enhance the economic resilience of the coastal communities dependent on this vital fishery. This Congressionally Directed Spending request championed by U.S. Senators Susan Collins and Angus King will launch the Future of Fishing, a collaborative effort designed to expand economic opportunities for Maine’s coastal communities, building on Island Institute’s longstanding partnerships to advance a diversified, climate-forward marine economy in Maine. Maine’s fishing communities face historic challenges such as rapidly warming waters, more frequent and severe storms, costly regulatory changes, and rising business costs. These communities, and the men and women that work on the water, are the backbone of Maine’s seafood sector; a sector responsible for more than $3 billion in total economic output and more than 33,000 jobs statewide. more, >>CLICK TO READ<< 11:28
Leave a Reply