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2010 Science and Technology Action Plan Approved
The Maine Innovation Economy Advisory Board has approved a five-year action plan for the revitalization of Maine’s economy. As required by statute, the Board undertook a year-long process to develop this plan, and will report to the Legislature and the Governor each March on progress toward the benchmarks outlined in it.
The plan describes a new phase of Maine’s investment in an innovation economy, broadening the earlier focus on building research capacity to include investment into innovation and entrepreneurship as well as R&D. This is reflected in a new vision:
Create an environment where science, technology, innovation and entrepreneurship stimulate Maine’s economy.
We need to do a better at converting ideas into products and processes, growing new, sustainable companies, and integrating new concepts into our traditional industries in a way that creates new jobs for Maine citizens. The plan calls for the State of Maine to pursue three strategies:
- Increase Maine’s total research and development by increasing R&D in the academic, non-profit and private sectors.
- Increase employment by building innovation capacity.
- Increase per capita income by increasing the skills of Maine workers and entrepreneurs.
Fast Forward
Are you a business owner looking for early-stage capital and assistance to encourage innovation? Visit MTI
Our colleges, universities, and non-profit laboratories are great resources for technology. Learn how to partner with them for development, testing and licensing of new technologies and processes.
Are you a policy maker searching for examples of positive impact of innovation in Maine, go to Reports and Publications.
