Maine = Innovation?

Authors

Lori Valigra

Source

Mainebiz

Date

6-2-2014

Pages

14-17

Abstract

Maine policymakers cite an innovation-driven economy as key to Maine’s future. The challenges are many; among them: a lack of a critical mass of population, a need for more graduates of science, technology, and engineering at a time when the University of Maine System is planning to cut 157 workers, and a national reputation for being unfriendly to business. Article looks at the connection between innovation and higher education in more depth. Despite the odds, though, Maine companies can still innovate. Business leaders discuss how Maine has a few key tools for fostering innovation, such as the Maine Seed Capital Tax Credit Program and UMaine’s Advanced Structures and Composites Center.

Subjects

Entrepreneurs, Economic development -- Maine, Technological innovations

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