Category: Blog

We’ve been paying close attention to how some of this year’s biggest issues in the lobster fishing industry might play out for our coastal communities. As peak lobster fishing season approaches, fishing communities are faced with extra challenges this year—the herring bait shortage, impending right whale rules, and the ongoing opioid crisis continues to concern us. Community members have been anticipating how and when these issues might converge, who will be affected, what resources are available, and we are keen to connect people with supportive networks and needed resources.

This month, we decided to share some of our favorite business-themed podcasts. Not necessarily educational resources, but more inspirational. August isn’t the time to step away from your business and learn something new. It’s insane, and we know it’s hard to keep your head above water and not completely burn out. So, if you’re in need of some inspiration to keep you motivated this month, check out some of these business and start-up related podcasts.

For anyone unfamiliar with this area of Maine, Isle au Haut is a small, island community in Penobscot Bay in Knox County, accessible by ferry from Stonington. With a year-round population of around 71 inhabitants, the island is home to portions of Acadia National Park and boasts a landscape made up of blooming trees and oceanfront views. During a recent trip to Isle au Haut, Island Institute summer intern Anastasia Sapirstein takes us on a tour, shares her experience visiting the island for the first time, and highlights some of the key features of this community and its residents.

This legislative update, provided by the Maine Broadband Coalition, highlights the most noteworthy advances for broadband in Maine and summarizes the final outcomes of bills passed and bills that have become law during the first regular session of Maine’s 129th Legislative Session. It also highlights bills to watch for during the second regular session beginning in January 2020.

Last month, we wrote about the business structure of B-Corporations (Benefit Corporations), also known as a B-Corp. B-Corps are businesses that go through a voluntary certification process to ensure that the company not only maintains a healthy bottom line, but is also responsive to the community and the environment in which it operates. Craig Olson of our Small Business team notes that through his experience of running various nonprofits in the past, he knew about B-Corps, but he hadn’t heard much about social enterprises until recently.

Residents from five Maine islands and two coastal communities joined the Island Institute in May 2019 for a community broadband tour of the Cranberry Isles. During the exchange trip, members of the Cranberry Isles Broadband Group shared what it took to connect their five islands, and guests exchanged ideas with the other island and coastal communities represented. In this guest blog post, Keith Harriton of the Swan’s Island broadband group reflects on the trip and the benefits of building connections and learning from each other.

On a recent trip to Scotland, Craig Olson of the Island Institute’s Small Business team was inspired by the Social Enterprise businesses in the UK. So, we decided to use the next few Commercial Currents to explore the concept of “business for good.” This month, we are going to talk about Certified B Corporations, or B Corps, and then next month, we’ll tackle the Social Enterprise concept.