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Committee hears plan to expand Roux Institute entrepreneurship program in Bangor
Summary
The committee received a presentation on a "Venture Forward" partnership with the Roux Institute aiming to increase the Institute’s entrepreneurship program presence in Bangor and strengthen local business retention; staff said outreach will take 6–9 months to curate connections.
Community and Economic Development Director Krieg presented a proposed "Venture Forward with the Roux Institute" partnership designed to increase the Institute’s entrepreneurship program presence in Bangor and to strengthen existing businesses.
Krieg described the partnership goals as business retention and connection-building. He said the outreach process to the business community will take approximately six to nine months to curate connections and link businesses to program resources. Chair Leonard said he believes the partnership aligns with the department’s vision for local economic development.
No formal action or vote on the partnership was recorded in the minutes; the committee proceeded to consider a separate AI Hub collaboration later in the agenda.
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