Maine Sea Grant's Economic Impact

MaineSeaGrant_Economic Impacts 032717.jpgSea Grant is a joint federal-state investment that supports the health and resilience of coastal communities, yielding quantifiable economic, social, and environmental benefits to Maine people. The Sea Grant program is unique within NOAA, in that 95% of funds are appropriated to Maine and 32 other coastal and Great Lakes states through a competitive process to solve problems that public and private sector constituents have identified as critical. This is done through the establishment of efficient, cost-effective partnerships between NOAA, the University of Maine, coastal communities and businesses, sharing costs and leveraging funds.

In 2015-16 alone, Maine Sea Grant helped generate an estimated $20.5 million in economic impacts; created or sustained 20 businesses and more than 30 jobs; provided 50 communities with technical assistance on sustainable development practices including working waterfront preservation, coastal infrastructure, and fishing industry diversification. Maine Sea Grant works with hundreds of industry, local, state and regional partners; and supports the education and training of undergraduate and graduate students. Learn about our impact on the state in the one page fact sheet.