The Institute for Family-Owned Business is a non-profit 501 (c)(3) organization committed to supporting, strengthening and empowering family-owned businesses throughout the state of Maine. The Institute serves family business owners, executives and employees through a wide range of continuing education programs, networking opportunities and consulting services. The Institute is a comprehensive resource for family-owned business. It is reported that family-owned businesses represent about 80% of all businesses in Maine. Through consulting, seminars, workshops, and networking, the Institute assists family-owned firms in meeting the unique managerial challenges and opportunities that are a companion to operating and sustaining a successful family enterprise. An executive director, director of communications, and a volunteer board of directors guide this non-profit entity.