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Governor Janet Mills has released the States new 10-year strategic economic development plan. The non-partisan plan, which is the first of its kind in more than two decades, aims to foster collaboration among the public, private, non-profit, and education sectors to grow and diversify Maines economy.
What is the 10-year economic plan Maine?
Unveiled by Governor Janet Mills in late 2019, Maines non-partisan 10-year economic development strategy set out to grow and diversify Maines economy by fostering collaboration among the public, private, non-profit, and education sectors. It was the first document of its kind in more than two decades.
What is Maines economy based on?
Maine has a long, proud history as an agricultural state. Today, we are world famous for our wild blueberries and our potato crop. Entrepreneurs are also working to reclaim Maines 19th century title as the Breadbasket of New England by growing and processing local grains for beer and bread.
What is Maines economy ranked?
Economic Outlook Rank Maine is currently ranked 45th in the United States for its economic outlook. This is a forward-looking forecast based on the states standing (equal-weighted average) in 15 important state policy variables. Data reflect state and local rates and revenues and any effect of federal deductibility.
What are the tax incentives for film in Maine?
Maines visual media (VM) incentives include a tax credit and a wage reimbursement provided for qualifying visual media productions in the state. The tax credit is 5% of non-wage production expenses and is non-transferable, non-refundable and may not be carried forward.
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Maines economy and culture are tied to our heritage industries - fishing, logging, shipbuilding, farming, and others - and they provide thousands of Mainers with good-paying jobs. These industries are the bedrock of many communities in Maine, particularly in rural areas.
What is the Maine Innovation Economy Action Plan?
State law directs the Maine Innovation Economy Advisory Board (MIEAB) to create a plan every five years to improve Maines standing in the global economy. This 2023 plan is the culmination of almost 18 months of input from representatives of Maines public, private, and nonprofit institutions and private businesses.
How is the economy in Maine?
Maine ranks 44th in economy size among states and Washington, DC. In the 3rd quarter of 2023, Maine accounted for 0.3% of the US economy.
Related links
The Impact of Grocery Store Rewards Cards on Savings and
It incorporated match incentives, financial education, and withdrawal restrictions (Sherraden and Stevens 2010). In SEED, low-income children from. Page 7. 6.
09/25/2023, IDEA Maine Innovation Economy Action Plan Report and Presentation 9/21/2023, Policy and Legal Analysis. 09/25/2023, IDEA Report of the State Auditor
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