Director:Cecily Pingree & Jason Mann
Island and Coastal Innovation Fund
In 2011, the Island Institute announced a new economic development initiative, the Island and Coastal Innovation Fund. Devoted to supporting economic development in Maine’s coastal communities and offshore islands, the fund will provide loans and equity investment for businesses large and small. The Fund is also an innovator in permit banking, a process by which the Island Institute hopes to preserve and restore the groundfish fishery in coastal Maine.
With editor Josh Povec and composer Joe Nelson, we created this short video to accompany the launch of the fund. For more information on the Island and Coastal Innovation Fund, check out the Island Institute’s website.