Project Period

July 1, 1998-December 31, 2002

Level of Access

Open-Access Report

Grant Number


Submission Date



Center for Technology-Based Business Development The University of Maine will create a Center for Technology-Based Business Development to address Maine's shortcomings in the creation of technology-based businesses and net exportation of its science and engineering graduates, as well as university based R&D. Strong, decisive action will be taken to provide opportunities for Maine-based technologies and students to develop companies in Maine. This strategy is consistent with the state's Science and Technology Plan and the state's economic development strategy. The Center will build on the University of Maine's successful industrial activity, and the practical experience of many other research institutions.

The Center will develop the necessary organizational structure including:

(1) an entrepreneurial environment for faculty, student and industry interaction, a pro- active technology transfer office with business development expertise; shared labs;

(2) equipment and incubation space for small technology-based start-ups; and

(3) new programs to educate and encourage graduate-student and faculty entrepreneurs.

The multi-disciplinary activity will be directed at the state's and the university's five targeted technology areas. This activity will establish a critical piece of business development infrastructure currently unavailable in Maine and allow the University of Maine to take a leading role in technology transfer related economic development.