September 8, 2020 — Maine’s seafood industry could get a $20 million boost this fall through funds made available under the federal CARES Act.
Marine Resources Commissioner Patrick Keliher said state and federal officials are nearing final agreement on exactly how to allocate the funds.
Maine Public reports that individual fishing license holders and shellfish growers who qualify will get the same lump-sum payment, no matter how large or small the operation.
The funds will go to seafood-sector businesses that lost at least 35% of their revenues compared with the same period in previous years.