STONINGTON — The Stonington Economic Development Committee (SEDC) and Deer-Isle Stonington Chamber of Commerce have announced a special business breakfast for Friday, Sept. 23, at 8 a.m. on the second floor of the Stonington Town Hall.
This will be an in-person meeting only, hosted by Camoin Associates, with whom the town recently contracted for an economic impact study to build economic resilience in its changing fishery and community.
Stonington’s lobster fishery is the largest in Maine, creating approximately $60 million in economic activity annually. Lobster fishermen took a one-two punch the week of Labor Day, losing a second critical legal battle over the extent and timeline of whale regulations and then having lobster red-listed as an “unsustainable seafood” by Seafood Watch.
“As a town, we’ve been working to respond to and prepare for transformation in this industry, and thus our year-round local economy,” said Town Manager Kathleen Billings. “We’ve been planning for this study for several months and are sad to say it’s now more important than ever, as changes are coming more quickly than we anticipated.”
Camoin Associates will use the breakfast to collect community data and include a wide variety of business voices in the economic impact study and recommendations for action it will prepare as part of it.
Camoin Associates is familiar with the island community as the authors of Island Workforce Housing’s 2019 Housing Needs Analysis and Assessment. Based in Saratoga Springs, N.Y., with a 24-person team including individual consultants based in Maine and throughout the nation, the company has for more than two decades been a leader in economic development services, “empowering communities through human connection based on robust analytics.” Its services include industry and workforce analytics, business attraction and retention, entrepreneurship and innovation, as well as impact analysis.
Doors will open at 7:30 a.m. and a breakfast buffet featuring coffee and items from local restaurants and vendors will be provided. The program begins at 8 and will run for one hour.