Completed Project Report


Risk Management Education for Maine Aquaculture Producers Through Strategic Business Planning

  • Award Amount: $37,943
  • Regional Center: Northeast Extension Risk Management Education Center
  • Grant Program: 2020 Education Projects

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Project Overview

We worked with Maine shellfish and seaweed producers, predominately those in their first 3 years of operation, to equip them with the tools and resources to begin strategically planning their business and managing their risks.

We hosted a webinar in November of 2020 to provide an overview of aquaculture business planning and risk management. Following the webinar, we met individually with 37 producers on Zoom, using Maine aquaculture-specific risk management and business planning tools, and a suite of COVID-19 resources developed for this project, to discuss each farmer's history, status, and goals, and set a strategy for the future of their farm. This process included adjusting each farm's business and production plan to farm-level specifics, and working with growers to establish their recordkeeping practices and risk management strategies. 

Number of Participants: 37

Results

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

There are no reports or evaluations available for this project.

DELIVERY AREA

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INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES