August 5, 2016
Maine Receives $7.7 Million To Spur Economic Development, Including Bioeconomy Growth
On July 29, 2016, the U.S. Department of Commerce's Economic Develop Administration (EDA) announced $4.4 million in grants to diversify and grow Maine's economy. This funding is intended to provide immediate assistance to rural communities that have been impacted by recent mill closures, focusing specifically on the forest sector of the economy. Bio-Based Maine, in partnership with the University of Maine, will receive $519,930 of the funding for a $856,549 project to develop a road...