Welcome to Maine Economic Improvement Fund
The Maine Economic Improvement Fund (MEIF) represents Maine’s ongoing commitment between the State and our public universities working together to advance research and economic development for the benefit of all Maine people.
- In 2013, the State’s more than $14 million MEIF investment was leveraged at a rate of 3:1 by our universities for an additional $43,528,964 in Federal and private-sector grants and contracts in the seven sectors at UMaine and USM, our primary MEIF research universities;
- In addition, an MEIF investment of $200,000 in research at the small campuses helped advance important local research;
- The work of over 1000 of researchers, technicians, graduate and undergraduate students, and faculty was supported by MEIF-related projects;
- Grants and contracts provided more than $2 million to purchase major equipment to upgrade and outfit university labs;
- Maine’s public universities secured new patents, worked with small businesses and start-ups, and provided R&D support to more than 400 companies and individuals.
As required in the statute which created the Fund in 1997, included are the most recent MEIF financial and informational reports.
As stipulated in Maine law, the System directs MEIF dollars specifically to support university-based research in designated research areas:
- Aquaculture and Marine Sciences
- Composites and Advanced Materials Technologies
- Environmental Technologies
- Information Technologies
- Advanced Technologies for Forestry and Agriculture
- Precision Manufacturing
This website focuses specifically on MEIF-funded research taking place at UMaine, USM, and the campuses that were awarded MEIF Small Campus Initiative a program created in 2009. Other University System reports, notably its annual report on sponsored research, address the much broader scholarly activity taking place each year across all seven UMS institutions.
Learn more by clicking on any of the links to the right.