Read the State’s New Economic Development Strategy
In 2019, the State embarked on its first strategic economic plan in two decades. This effort, which included over 1,500 voices in public meetings, online comments, and a diverse set of working group members, culminated in November 2019, when Governor Janet Mills released the State’s new 10-year strategic economic development plan.
The non-partisan plan aims to foster collaboration among the public, private, non-profit, and education sectors to grow and diversify Maine’s economy. The Department of Economic and Community Development is leading the initiative, in collaboration and partnership with other government agencies, business leaders, and private organizations.
The Economic Development Strategy is a dynamic roadmap designed to be relevant and flexible over the next ten years with a key core message: there is a place in Maine’s economy for everyone.
COVID-19 Pandemic Impact and Response
In May 2020, Governor Janet Mills appointed an Economic Recovery Committee of diverse private sector experts from across Maine to develop specific policy recommendations to stabilize the state’s economy and build a bridge to future prosperity in the wake of the COVID-19 pandemic using the 10-Year Economic Development Strategy as a key guide. The work is ongoing and managed by The Governor’s Office of Policy Innovation and the Future, with detailed information about the work and progress bridging to the Economic Development Strategy found on the Economic Recovery Committee webpage.