Department of Economic and Community Development
Allocation: $20,000,000
More Information:
Status: Active
The Department of Economic and Community Development's Maine Jobs & Recovery Small Business Grant Program will provide expense-based grant relief to businesses and non-profits who are confronting substantial expenses stemming from the impacts of COVID-19. Expenses may include interest on deferred loans, increased costs of reopening or doing business as a result of COVID-19, and increased costs due to supply chain disruptions or increased demand.
An initial $5 million grant round closed November 26, 2021, which was targeted at supporting COVID-related expenses to sustain operations. In October 2022, 2,919 Maine small businesses and nonprofit organizations received a one-time electric utility account credit of more than $2,000 to provide relief from increased energy costs. This relief, totaling $7 million, was the product of legislation sponsored by Senate President Troy Jackson, D-Aroostook, and signed into law by Governor Mills, with funding provided through the Jobs Plan through funds allocated by the Legislature for small business relief.
News & Resources
- 10/18/2022: Governor Mills Announces $7 Million in Energy Relief Delivered to Thousands of Maine Small Businesses
- 5/28/2022: Governor Mills Celebrates Grand Opening of The Good Crust in Canaan, Promotes Maine Jobs Plan Investments to Strengthen Agricultural Businesses in Rural Maine
- 3/10/2022: Maine Businesses Benefitting from Governor Mills’ Maine Jobs & Recovery Plan Grants
- 3/5/2022: During Visit to Aroostook County, Governor Mills Presents Fort Kent Business with Maine Jobs & Recovery Grant Award; Tours Presque Isle Business
- 3/3/2022: Governor Mills Announces $5 Million in Maine Jobs & Recovery Grants to Support Small Businesses
- 11/3/2021: Governor Mills Announces Launch of Maine Jobs & Recovery Small Business Grant Program