Document Type

Report

Maine Economic Improvement Fund Annual Report, FY2008

Authors

University of Maine System

Publication Date

12-31-2008

Abstract/ Summary

In 1997 one of Maine’s smartest and most successful public investments began, with the creation of the Maine Economic Improvement Fund (MEIF). Funded through an annual state appropriation and periodically augmented through voter approved bond referenda, MEIF provides university-based researchers with the capital necessary to leverage federal and private-sector research grants and contracts. Those grants and contracts, in turn, create and sustain economic development through new jobs, products, technologies, companies, and opportunities. During FY08, the University of Maine System (UMS) received $13.7 million in MEIF funding. That FY08 MEIF appropriation helped university faculty and students successfully earn $51.3 million in grants and contracts. As stipulated in Maine law, the University of Maine System directs MEIF dollars specifically to support university-based research in seven designated strategic research areas.

Repository Citation

University of Maine System, "Maine Economic Improvement Fund Annual Report, FY2008" (2008). General University of Maine Publications. 3567.
https://digitalcommons.library.umaine.edu/univ_publications/3567

Version

publisher's version of the published document

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