Support the Cluster Development Fund

An important component of the Brookings Institution's recommendations for Maine's economic development strategy is the Maine Cluster Development Fund, which would support industry-led partnerships to catalyze job creation and growth through workforce development, network-building, and marketing programs.

Earlier this year, the Governor supported this recommendation by proposing an $8 million fund for industrial cluster development. However, more recent proposals from Legislative leadership would reduce cluster development funding considerably, to levels that threaten the Fund's viability and effectiveness.

Robust support for economic development will pay off for decades to come with a stronger economy, more jobs, and higher tax revenues for the state. Please contact your Legislators and encourage them to support a well-funded Maine Cluster Development Fund.

Sample Letter for Campaign

Subject: Support the Clusters Development Fund

Dear [ Decision Maker ] ,

Maine needs to commit to a successful long-term economic development strategy by budgeting at least $6 million for a Cluster Development Fund.

In its report on Maine's economy, the Brookings Institution identified our history of tightfisted and unfocused economic development programs as a major barrier to prosperity in our state.

This is one area of the budget where we absolutely can't afford to be stingy. Let's make the commitment to grow Maine's most promising industries with a robust Cluster Development Fund.

Sincerely,

Campaign Launched:
May 03, 2007

Background Information

What is the Cluster Development Fund?

This fund would offer grants to promising sectors of the economy in all geographies, to be awarded through a competitive third party review administered by the Maine Technology Institute. Supported clusters would be industry-led, like the 'North Star Alliance,' a boat building and composites cluster.

Why do we need it?

The Cluster Development Fund would foster activity around similar firms, their suppliers, and supporting institutions- including educational institutions, research & development centers, and workforce training groups. Essentially, this Fund will help us replicate the success of the North Star Alliance in other promising sectors.

How is Cluster Development different than the R&D bond?

The Cluster Development Fund must be a general fund appropriation because it supports non-capital expenditures such as workforce development and marketing. Both vehicles support one another, and, working together, will move Maine's economy forward.

What can you do?

This is a critical juncture for Maine. We've made the initial investments in innovation, but we need to stick to our strategy over time if we are going to be successful. Unfortunately, proposals in the Appropriations Committee significantly reduce the size of the Cluster Development Fund to only $3 Million, and one proposal suggests even less. Please support the inclusion of the Fund in the budget at a minimum of $6 Million over the biennium; your support is critical to Maine's economic future.

More Information:

Recommendations of the Governor's Counciil on Jobs, Innovation and the Economy

Brookings Institution Metropolitan Policy Program

Summary of the Brookings Report and supporting research documents