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Gulf of Maine Research Institute gets $1.3 million for climate, ‘blue economy’ initiatives

Mount Equity Group Tokyo Japan > News > Markets > Gulf of Maine Research Institute gets $1.3 million for climate, ‘blue economy’ initiatives

The Gulf of Maine Research Institute has received nearly $1.3 million in federal funding for two initiatives aimed at helping the state’s waterfront communities become more climate-resilient and to support innovation in the seafood industry and other ocean-related enterprises.

The Portland-based institute’s Climate Center will receive $650,000 to help develop local plans for addressing sea level rise and other effects of climate change. GMRI’s Blue Economy Initiative will receive $632,000 to boost the startup and growth of marine businesses.

The grants were included by Sen. Angus King in Congress’ recent 2022 Omnibus Appropriations Package.

“Our mission is to develop collaborative solutions to global ocean challenges,” institute President and CEO Don Perkins said, “and obviously, the existential challenge of our time as climate change. We’re also focused on the mechanics of how do we understand and steward the Gulf…

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