May 24, 2020

Baldacci seeks federal funds for research

BANGOR — In order to strengthen the overall economy and enhance telecommunications and other high-technology business development in the state, U.S. Rep. John Baldacci is working to increase the amount of money Maine receives from the federal government for research and development projects.

As part of this effort, Baldacci has asked the Congressional Research Service to conduct a study of precisely how much money the federal government has been investing in Maine, and what these dollars have funded.

This information will be used by the Maine Science & Technology Foundation and other research institutions to help policy-makers, researchers and officials at academic and nonprofit organizations to identify where federal funding is generating innovation and leading to economic success.

This information is integral to assessing the state’s overall need for resources and to making wise policy decisions related to R&D investments at the state level.

“More must be done to enhance the amount of R&D resources at work in Maine,” said Baldacci. “With an increasingly technology-driven global economy, our state must intensify its focus on R&D projects in telecommunications and other areas that will complement our traditional industries and bring new businesses and economic activity to Maine.”

Have feedback? Want to know more? Send us ideas for follow-up stories.

comments for this post are closed

You may also like