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).
Eligibility criteria include:
• Must be a Maine business
• Must demonstrate a revenue loss as a direct consequence of COVID-19. Funds cannot duplicate those received from other federal, state or local programs (including other CDBG funds).
• Must have five or fewer employees including the owner(s)
• Must have a DUNS Number, which can be obtained here.
• Owner’s household income must be low/moderate as defined by HUD as verified by 2019 tax return. More details here.
How to Apply?
Funds are available on a first-come, first-serve basis. Business owners must meet with a Maine SBDC business advisor to determine eligibility and submit an application. Connect with a business advisor here.
If your business is located in Androscoggin, Franklin or Oxford Counties, contact our local SBDC business advisors directly:
Email Lori Allen or call her at 207-783-9186 ext. 254
Email Raynor Large or call him at 207-783-9186 ext. 214