$200 Million in Grants Available to Maine’s Small Businesses
Today, Governor Mills announced the Maine Economic Recovery Grant Program to help Maine small businesses and nonprofits as they continue to grapple with economic hardships caused by COVID-19.
As of Friday, August 21, every small business and many non-profit organizations with 50 or fewer employees can apply to receive a grant of up to $100,000 to replace COVID-19 related losses. Using federal CARES Act Coronavirus Relief Funds, the Governor has committed up to $200 million for this initiative, making it a central pandemic support strategy for Maine’s economy.
The Administration is working in partnership with AVCOG and the other federally designated Economic Development Districts to implement this program. AVCOG will assist in distributing these critical funds to Maine’s small businesses and eligible nonprofits in our region.
We invite you to spread the word as timing is short – the application period begins Friday, August 21 and ends September 9, 2020. Here’s a helpful one pager about the program you can share.
The grant application is available on the DECD’s website, along with program requirements, answers to frequently asked questions and a phone hotline for application support (1-800-872-3838 and press 3, or email: BizAwards.DECD@maine.gov).
DECD will also host webinars to explain the program and answer questions, starting tomorrow.
- Friday, August 21 at 10:00 AM – register here
Tuesday, August 25 at 11:00 AM – register here