COVID-19


BUSINESS RESOURCES 

Micro-Enterprise Grant Program

The Maine Department of Economic & Community Development (DECD) in partnership with the Maine Small Business Development Centers (SBDC) will provide grants of up to $5,000 for businesses with five or fewer employees, with an owner whose income is in the low to moderate range as defined by the Department of Housing and Urban Development (HUD).

Click here for program details. 

Restarting Maine’s Economy


The plan establishes four gradual stages of reopening, the first of which begins on May 1st. Designed with input from public health and industry experts, this staged approach will allow Maine businesses to safely open when the time is right, and stay open by following reasonable, practical guidelines to ensure the safety of employees and customers.

Looking for PPE?

The Manufacturers Association of Maine and The Maine MEP are collectively working with a number of Maine manufacturing companies making PPE. They continue to update their sites with the most current companies making PPE across Maine.

Please share with your local municipalities and others in your community. This is a great way to support manufacturers in Maine!

SBA (Small Business Administration) Resources

What You Need to Know About SBA’s Disaster Loan - CLICK HERE TO APPLY

  • SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance per small business and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • SBA loans do have a credit worthiness requirement. While there is a 4-month grace period built into the loan, businesses do have to show enough cashflow to pay back the loan.
  • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.
  • Maine’s SBDC Advisors can assist businesses with the SBA loan process. All advising sessions with clients are being held remotely via conference calls at this time.

CARES Act Details

  • Unemployment - New CARES Update

FAME (Finance Authority of Maine) Resources

COVID-19 Relief Interim SBA Finance Loan Program
Direct Loans to Maine-based businesses of up to $100,000 with special terms available to eligible borrowers who provide proof of commitment for SBA financing.

COVID-19 Relief Business Direct Loan Program
Direct Loans of up to $50,000 with special terms available to Maine-based businesses experiencing interruption or hardship due to COVID-19.

COVID-19 Relief Lender Insurance Program
Provides commercial loan insurance of 50-75% to lenders who make loans to Maine businesses experiencing interruption or hardship due to COVID-19.

COVID-19 Relief Consumer Loan Program
The program offers loans of up to $5,000 (minus any unemployment benefits received by borrower). Interested borrowers should contact their local bank or credit union (not FAME) to see if the lender is offering this program and to apply.

Grant Opportunities through Private Entities


Small Business Relief: A Guide to Funding Options and Resources during the COVID-19 Crisis

Facebook Grants

MaineMEP (Manufacturing Extension Partnership) Resources

Steps Manufacturers Can Take Now – Maine MEP

  1. Determine supply chain disruption risks. Check out this supply chain disruption checklist created by our partners in Illinois.
  2. Reeducate employees on preventing virus spread
  3. Review and revise cleaning schedules for common areas
  4. Work with local health professionals
  5. Communicate promptly
  6. Develop a Business Continuity Plan: Here are two useful guides Business Continuity Plan 1
  7. Disaster Recovery Plans: Many Maine MEP clients have disaster recovery plans associated with their ISO certification. Please make sure to revisit and update these plans as necessary.
  8. IT System preparedness and plans for remote working may be necessary
  9. Review your insurance coverage to understand scenarios where you are covered, and potential holes in coverage
  10. Review local and national financial resources.

Medical Equipment Supply Coordination 
Maine MEP is working with local hospitals, The University of Maine, Manufacturers Association of Maine, PTAC, DECD and others to coordinate manufacturing of the medical equipment our hospitals will need to combat COVID-19 in Maine. 

If you are interested in being added to the list of manufacturers who are able to help please contact us at contact@mainemep.org.

Other Resources

Small Businesses: Steps to Take During COVID-19
The Maine Department of Economic and Community Development put together a guide for small businesses in immediate financial distress.

Keep Maine Healthy FAQs

Senator Collins’ COVID-19 Resource Guide

Congressman Golden’s Small Business Resource Guide

Preparing for and Responding to COVID-19 – State of Maine

Video Training Series: Reopening Retail Under COVID-19

Tourism Related COVID-19 Updates – Maine Office of Tourism

Maine Tourism Relief Fund  – Maine Tourism Association 

Farmhand Automation
This team is offering free technical assistance to set up online ordering and curbside pickup for local farmers.

AVCOG COVID-19 Newsletters - COVID-19 Resource Updates

Click here to register for Maine Department of Economic & Community Development Weekly COVID-19 Updates with Commissioner Heather Johnson - held weekly on Wednesdays from 3:30 - 4:30 PM.

COMMUNITY RESOURCES


COVID-19 Federal Rural Resource Guide
USDA Unveils tool to help rural communities address the COVID-19 pandemic.

EMPLOYEE RESOURCES


Unemployment Insurance 
Eligibility for unemployment insurance has been extended to individuals whose employment has been impacted by COVID-19. It also temporarily waives the one week waiting period for benefits so that workers may obtain benefits faster and ensures that claims for Unemployment Insurance will not affect an employer’s experience rating.

Claims can be filed online (click on "Claimant Services" and then click on create account) or by phone 1-800-593-7660.

COVID-19 Relief Consumer Loan Program
Eligibility - Any Maine resident, including those who are self-employed, who has experienced a reduction in income since January 1, 2020 as a result of COVID-19.