Please do not leave this page until complete. This can take a few moments.
The University of Maine will use $2.5 million from the Maine Jobs & Recovery Plan to expand programming and services to help stabilize businesses still dealing with ongoing pandemic challenges.
The Solutions for Maine R&D and Innovation Hub is based out of UMaine’s Foster Center for Innovation and run by the university’s Office of Strategic Partnerships, Innovation, Resources and Engagement. The funds will help Maine companies with fewer than 250 employees access no-cost services, including technical assistance, counseling and student talent to help their recovery and long-term growth.
The pandemic has challenged businesses of all sizes, but startups and small businesses “are uniquely affected,” Renee Kelly, associate vice president of strategic partnerships, innovation and engagement at UMaine, said in a news release.
“Data show that they have particularly struggled to attract qualified talent and that financial uncertainty, supply chain disruptions and rising costs all have had an outsize impact on their operations and their ability to develop and launch new products,” said Kelly, a 2022 Mainebiz Woman to Watch. “Left unchecked, these effects could be devastating in a small-business state like ours.”
The hub is designed to help early-stage companies and small businesses weather the challenges and emerge thriving.
Through the hub, startups and small businesses will be able to access services, including:
Several aspects of the hub’s services — including UMaine’s Innovate for Maine internship program and market-fit support for entrepreneurs — were in place before the pandemic but will be scaled to serve more businesses and provide assistance year-round.
The initiative is designed to provide students with experiential learning opportunities and to strengthen business partnerships.
Portland accessories-maker Wildwood Oyster Co. recently took advantage of the hub’s student intern services.
“Without their help, I would not have been able to have this research done so quickly and thoroughly,” said Becky McKinnell, Wildwood’s founder and designer who was a Mainebiz 40 Under 40 honoree last year.
For more information, click here.
The Maine Jobs & Recovery Plan took effect in October 2021 with the Legislature’s approval to invest nearly $1 billion of Federal American Rescue Plan funds to improve the lives of Maine people and families, help businesses, create good-paying jobs, and build the economy. To date, the plan has delivered direct economic relief to nearly 1,000 small businesses, supported more than 100 infrastructure projects and invested in workforce programs estimated to offer apprenticeship, career and education advancement, and job training opportunities to 22,000 people.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments