Maine · Public charity
Maine Aquaculture Innovation Center
To strengthen the competitive position on the development and commercialization of new marketable species of finfish, shellfish, and sea vegetables by developing technology to lower industry cost and provide education.
- $181k
- Granted FY2025(still arriving)
- 4
- Grants FY2025
- 3
- Organizations funded FY2024
- 33%
- First-time grantees FY2024
- Median grant, FY2025
- $59,612
- Largest grant, FY2025
- $59,613
- Organizations funded a year
- 2 to 4
- FY2017 to FY2024
- States reached, FY2025
- 1
- Total assets, FY2025
- $4.1M
How open it is to new grantees
In FY2024, 33% of the organizations Maine Aquaculture Innovation Center funded were first-time grantees, receiving 60% of its grant dollars.
New vs renewed · share of each year
In FY2024, 40% of grant dollars renewed an existing relationship; $177k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 4 | $181k | 50% |
| FY2024 | 3 | $296k | 33% |
| FY2023 | 2 | $119k | 0% |
| FY2022 | 2 | $119k | 0% |
| FY2021 | 3 | $122k | 33% |
| FY2020 | 2 | $124k | 0% |
| FY2019 | 2 | $119k | 0% |
| FY2017 | 4 | $201k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| University of Maine System Inc | $475,989 | 8 | n/a |
| Maine Center for Enterprise Development Dba Maine Center for Entrepreneurs | $475,980 | 8 | 22% |
| Aqua Vida LLC | $45,000 | 1 | n/a |
| Downeast Institute for Applied Marine Research and Education Inc | $37,265 | 1 | 2% |
| Edward Myers Marine Conservation Fund | $35,808 | 1 | n/a |
| Vertical Bay Seafarm | $25,700 | 1 | n/a |
| Maine Aquaculture Association | $10,000 | 1 | 1% |
Plus 1 recipient with no EIN on record ($177k), not named here.
Compare Maine Aquaculture Innovation Center with peer funders
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About Maine Aquaculture Innovation Center
- How much does Maine Aquaculture Innovation Center give?
- Maine Aquaculture Innovation Center reported 4 grants totaling $180,734 in its FY2025 IRS filing. It funded between 2 and 4 organizations a year over FY2017 to FY2024.
- What does Maine Aquaculture Innovation Center fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Community Improvement (88%), Animals (6%), Environment (5%).
- Who are Maine Aquaculture Innovation Center's largest grantees?
- By total granted over FY2017 to FY2025: University of Maine System Inc ($476k), Maine Center for Enterprise Development Dba Maine Center for Entrepreneurs ($476k), Aqua Vida LLC ($45k).
- Does Maine Aquaculture Innovation Center fund new organizations?
- In FY2024, 33% of the organizations it funded were first-time grantees.
- Where is Maine Aquaculture Innovation Center based?
- Maine Aquaculture Innovation Center is based in ME.
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