Hub of Excellence:
networks of communities driven by talent and a convergence of research, higher learning, skilled workforce and business, and a livable, healthy space.
Maine’s Economic Development Strategy G:
Promote Hubs of Excellence
MCOG's Strategic Plan, over the next 5 years, directs MCOG to expand the region’s economic diversity by embracing its place as a Hub of Excellence within the State of Maine’s Economic Development Strategy.
What does this Involve?
Implement the Midcoast Economic Development Committee (MCEDC) and develop a strategy around “regional hubs.”
Work with member communities to identify key local and regional businesses of all sizes, focusing on the following clusters:
Marine Economy including fishing, aquaculture, and value-added production
Farming, hydroponics, and value-added production
Manufacturing, including, but not limited to:
Boatbuilding and composites
Machining and precision manufacturing
Technical components, including medical
Specialty food products and ingredients
Maine Bio and bio related research and manufacturing
Hospitality and ecotourism
Coordinate the work of MCEDC with the MCOG Loan Committee to support these industries
Establish a regional broadband strategy and assist member communities as needed.
Coordinate businesses and workforce development with Goal 5 Regional Housing.
Work with Brunswick Landing Tech Place to establish a second center in the north eastern part of the region to further the work of incubator business development.
Identify best practices for local permitting processes to help communities reduce the cost and barriers to development.