More than 10,000 Black Bear alumni in Maine hold management positions in their place of employment. They comprise the largest type of employment among the roughly 33,000 working-age UMaine alumni in the state’s workforce.
The findings are part of an extensive study of UMaine alumni in Maine and in the U.S. Conducted by the Margaret Chase Smith Policy Center, the study was commissioned by the Alumni Association and underwritten by Maine Savings Federal Credit Union. The MEMIC Group also provided financial support.
These latest numbers are from Part Two of the study, which addresses the influence of Black Bear alumni within Maine’s business and industry sector. Other findings reveal that more than 10,000 existing Maine businesses were founded by one or more UMaine alumni.
“Black Bear alumni have a long history of being entrepreneurs and innovators,” said Rob Frank ’88, chair of the UMaine Alumni Association’s board of directors. “This study helps document the extent to which they are making an impact on Maine’s economy and quality of life.”
Click here for additional findings.