Backers of Question 2 on the state ballot are declaring victory as the measure is getting 55 percent of the vote with about three-quarters of the vote counted as of Wednesday.

This measure would authorize a $25 million bond to support technologies for life sciences, biomedicine and renewable energy.

It calls for an advisory board to accept applications for grants for projects in those fields.

Question 2 did not have any organized opposition leading up to the election.

A news release from backers says the bond will support innovation and job growth in several of Maine’s key industry sectors, including biotechnology, composites and advanced materials, environmental technologies, forest products and agriculture, information technology, marine technology and aquaculture, and precision manufacturing.

“With the passage of Question 2, Maine voters have chosen to invest in our future,” said Maine State Chamber President and CEO Patrick Woodcock. “This funding will drive new research and development, support startups and established businesses, and create economic opportunities for Mainers to live and work here.

“We are excited to see the impact these investments will have in keeping Maine businesses competitive, strengthening our economy, and preserving heritage industries for generations to come. We also encourage the Maine Legislature to make long term investments in R&D, giving Maine people a greater opportunity for their on innovation and success.”