$200 Million Economic Recovery Grant Program to support Maine small businesses

Starting Friday, Aug. 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.

GPCOG, acting as the federally designated Economic Development District for our region, is an implementing partner. Along with Maine’s other economic districts, GPCOG will be processing applications and making grant awards to eligible small employers in our region.

The application period starts Friday, Aug. 21 and ends on Sept. 9, 2020.

The grant application is available on the DECD’s website, which also provides the program requirements, answers to frequently asked questions and a phone hotline. DECD will also host webinars to explain the program and answer questions.   

The announcement by Governor Mills will provide essential support to employers and their employees in every community in Maine.