State Chamber urges voters to support ballot question to fund Maine's R&D investment
The Maine State Chamber of Commerce said Monday it supports a ballot initiative, Invest in Maine’s Future, that would raise $25 million in bond funding for research and development as well as commercialization of products created in Maine.
Maine voters will have their say on Nov. 5.
LD 416, "An Act to Authorize a General Fund Bond Issue for Research and Development and Commercialization," was proposed by state Sen. Teresa S. Pierce, D-Falmouth. The ballot measure was passed in the Legislature and signed by Gov. Janet Mills.
The Chamber said a fund would spur innovation in the state’s biotech, composites and advanced materials sectors, as well as legacy farming, fishing and forestry industries.
https://www.mainebiz.biz/article/state-chamber-urges-voters-to-support-ballot-question-to-fund-maines-rd-investment