Program Overview
The Maine Legislature established the Business Recovery and Resiliency Fund and funded it with $10,000,000 to provide grant opportunities to businesses and organizations, including nonprofit organizations, affected by specified severe weather-related events. These events include the December 18, 2023 storm, the January 10, 2024 storm and the January 13, 2024 storm. Projects may include a recovery component for damage sustained and must include efforts to increase business resilience to future storms and other climate conditions.
Program Goals
This program provides grants to businesses and nonprofit organizations impacted by the December 18, 2023 storm, the January 10, 2024 storm or the January 13, 2024 storm for recovery, rebuilding and investments in more resilient infrastructure. Infrastructure project types may include infrastructure upgrades, improvements, or installation of drainage systems, moving electrical or business equipment, relocating the business to a more protected location within Maine and investing in additional insurance.
The program is not intended to replace lost profits or revenue but rather to help businesses remain viable and resilient against future weather-related events. The top priority is to ensure that all businesses are reopened.
Round 1, May 2024 -June 2025
Round 2, December 2024 - January 2025
Program Guidelines Round 2 (pdf)
Additional Funding Consideration Form (pdf)
BRRF Example Spreadsheet (Excel)
For More Information
Sign Up for grant program alerts and emails
Miss the May 14th Webinar? View it here!
Join us for Office Hours
Friday, 12/13, 10am-11am Zoom Link
Frequently Asked Questions (pdf)
Application Portal Questions (pdf)
Grant Application Portal
Thank you for inquiring about the Business Recovery and Resilience Fund. The application portal closed Tuesday, January 14th.
Please check our websites for future updates. If you would like to stay connected with the Office of Business Development, consider signing up for our email list.