UPDATED: New $200 Million Dollar Maine Economic Grant Program

Updated: Aug 24, 2020

UPDATE ON THE ECONOMIC RECOVERY GRANT PROGRAM:


Information and applications for the $200 million Maine Economic Recovery Grant Program were released on Friday, 8/21/20. All of the information can be found on the Department of Economic and Community Development’s (DECD) grant program webpage. There you can apply for a grant, get more information on the program (FAQs), register for upcoming webinars, or view Friday’s recorded webinar.

If you missed last Friday’s informational webinar on the grant program, there is another one Tuesday, August 25, at 11:00 AM. You can register here:


https://zoom.us/webinar/register/WN_Fsf2Xe5FTaqV2nneSeEAzQ

Businesses and nonprofit organizations can apply for a grant now through September 9, 2020, with awards made in early October. The grants will NOT be distributed on a first-come, first-served basis so you can apply anytime during the application period.

For any questions not addressed in the program description or FAQs please call 1-800-872-3838 and press 3, or email: BizAwards.DECD@maine.gov.

Governor Mills announced a $200 million Maine Economic Recovery Grant program available to Maine's small businesses directly impacted by the COVID-19 pandemic


This program provides grants for businesses and non-profit organizations that demonstrate a need for financial relief based on lost revenues or expenses related to the disruption of business operations caused by the COVID-19 pandemic. grants will be distributed based on a business's demonstrated losses as a pro-rated percentage of the total losses reported by qualified applicants. It is not intended to replace lost profits but only to help businesses remain viable. This grant program will apply to Maine businesses with significant operations in Maine and a combined total of 50 or fewer employees.


Important notes: