•  
  •  
 

Abstract

This commentary explores the potential for entrepreneurship in Maine’s $3.4 billion outdoor recreation economy as a catalyst for rural development, drawing on an entrepreneurial ecosystem (EE) assessment conducted in Fall 2024. The article identifies key opportunities and constraints across domains. Findings emphasize rural Maine’s rich natural and cultural capital, but also highlight challenges in workforce development pathways, inadequate infrastructure, and fragmented support systems and low levels of ecosystem coordination. Recommendations focus on strengthening EE governance, promoting a collective sector identity, expanding workforce pathways, and increasing entrepreneurial scaling capacity particularly in growth-based finance and venture acceleration beyond startup. The commentary calls for integrated, place-based strategies and multi-actor collaboration to support sustainable and inclusive growth in rural communities. By aligning the ORec EE with broader natural resource-dependent sectors, Maine can leverage its unique assets to build a resilient, innovation-driven rural economy that enhances economic opportunity, preserves rural character, and supports community vitality.

First page

212

Last page

217

Rights and Access Note

This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. In addition, no permission is required from the rights-holder(s) for non-commercial uses. For other uses you need to obtain permission from the rights-holder(s).

DOI

https://doi.org/10.53558/aipu7575

Download

Share