Rising costs, environmental changes, and shifting markets are reshaping the backbone of Maine’s marine economy: the lobster industry. Island Institute is working with fishing families to navigate these challenges by supporting small business diversification to create new sources of income.
Tag: business diversification
New Program Aims to Help Lobstermen Adapt to Industry Changes
Posted by Laura England & filed under In the news.
The nonprofit Island Institute is teaming up with the Maine Center for Entrepreneurs to launch the “Fishing Plus Accelerator.”
“The Fishing Plus program is really about helping fishing families explore new business opportunities to diversify their income,” Jeff Frank, a senior community development officer with the Island Institute, said.
